Čížek, Pavel; Komorád, Karel - Sonderforschungsbereich Ökonomisches Risiko <Berlin> - 2005
Options are financial derivatives that, conditional on the price of an underlyingasset, constitute a right to transfer the ownership of this underlying. Morespecifically, a European call and put options give their owner the right to buyand sell, respectively, at a fixed strike price at a given...
