Original text

Contribute a better translation

Contribute a better translation

}

Page History: Model Tab

Compare Page Revisions

Live Price Type: The live future's price that will be fed into the model to determine the theoretical values. This setting is shared by all option contracts of the same underlying contract.
Details:
Choose from:
Mid = Midpoint of the bid and offer.
Bid
Offer
Settlement

Last
Last within Bid/Offer Market

Model Type: The type of options model being used to calculate theoreticals.
Details:
Choose from:
Binomial
Black Scholes
Whaley
Comments:
Binomial: Configure Steps and choose between American or European

Adjust DTE: Adjusts DTE for the selected series. Add or subtract time manually for all months for this series.
Details:
Adjust the number of DTE in order to increase or decrease the DTE.
Positive = increases DTE.
Negative = reduces DTE.
DTE Display: If there is an adjustment to the DTE it will be followed by the amount of the adjustment in parenthesis.
Option Sheets: The back color of the DTE turns green
Comments:
There is a global adjust DTE in the main window: This will change all adjust DTE simultaneously.

A possible use is to take the weekend out earlier.
Also Known As:
DTE = Days to expiration.
DTE = Days to expiry.
Increases DTE = Adding time.
Reduces DTE =Subtracting time.

Expiry Date Type:
Details:
Last Trade Date = DTE are 0 on the last day of trading.
Settlement Date = DTE are 1 on the last day of trading.
AKA for DTE:
Days to expiration
Days to expiry

DTE Calculation Type: Select how the DTE are to be calculated.
Details:
Calendar = Count every day from today until expiration, which includes weekends. This is also known as a 7 day week.

Week Days Only = Count every weekday between now and expiration, which excludes Saturday and Sunday.This is also known as a 5 day week.
AKA for DTE:
Days to expiration
Days to expiry

DTE Rate: Select the rate time is to be taken out.
AKA for DTE:
Days to expiration
Days to expiry

Interest Rate Type: Risk free interest rate type.
Details:
Continuous
Annual
Semi-Annual
Quarterly
Monthly

Cost of Carry: The cost of interest plus any additional costs. Always compounded.

Cost of Carry Rate Type The type of cost of carry rate that should be applied.

Hedge Method (Delta): elect the method to be used for hedging. Generally if the float rate is not zero use iterative delta.