ONTOLOGY EXPLORER
commodore option
<https://spec.edmcouncil.org/fibo/ontology/DER/DerivativesContracts/ExoticOptions/CommodoreOption>
プロパティと値
| プロパティ | 値 |
|---|---|
| type | Class |
| label | "commodore option"@en |
| subClassOf | ExoticOption |
| subClassOf | _:c14n911 |
| definition | "exotic option consisting of a number of digital barrier options that pay a coupon if a pre-determined level of the underlying or basket of underlyings is reached"@en |
| example | "A three-year commodore option with annual barriers would have three potential payoffs. The first would pay at the end of the first year and would be dependent on the pre-determined barrier being reached or exceeded. For example, if the underlying or basket of underlyings reached or exceeded 102% of its initial level at the end of year one, a coupon of 6% would be paid. At the end of year two, if the underlying reached or exceeded 104% of its initial level, another 6% coupon would be paid. The coupon in the final year would be 6% if the underlying reached or exceeded 106%. The coupon should exceed the performance level of the underlying, otherwise the investor would achieve the same result by investing directly in the underlying."@en |
| explanatoryNote | "Sometimes the digital barrier increases with the number of years since the trade began. All of the options are active from the start of the trade."@en |
この項目への参照
このグラフ内での参照はありません。