Fourier-based approach for power options valuation

In this study, we price options whose underlying asset is raised to a constant using the Fourier-Cosine (COS) method. The valuation is made within the Black-Scholes environment, where numerical experiments show that the COS method is more efficient than other known option pricing techniques.

Bibliographic Details
Main Authors: Ibrahim, Siti Nur Iqmal, Ng, T. W.
Format: Article
Language:English
Published: Institute for Mathematical Research, Universiti Putra Malaysia 2019
Online Access:http://psasir.upm.edu.my/id/eprint/68374/
http://psasir.upm.edu.my/id/eprint/68374/1/3.%20IQMAL%20UPDATE.pdf
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author Ibrahim, Siti Nur Iqmal
Ng, T. W.
author_facet Ibrahim, Siti Nur Iqmal
Ng, T. W.
author_sort Ibrahim, Siti Nur Iqmal
building UPM Institutional Repository
collection Online Access
description In this study, we price options whose underlying asset is raised to a constant using the Fourier-Cosine (COS) method. The valuation is made within the Black-Scholes environment, where numerical experiments show that the COS method is more efficient than other known option pricing techniques.
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format Article
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institution Universiti Putra Malaysia
institution_category Local University
language English
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publishDate 2019
publisher Institute for Mathematical Research, Universiti Putra Malaysia
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spelling upm-683742019-05-10T08:33:12Z http://psasir.upm.edu.my/id/eprint/68374/ Fourier-based approach for power options valuation Ibrahim, Siti Nur Iqmal Ng, T. W. In this study, we price options whose underlying asset is raised to a constant using the Fourier-Cosine (COS) method. The valuation is made within the Black-Scholes environment, where numerical experiments show that the COS method is more efficient than other known option pricing techniques. Institute for Mathematical Research, Universiti Putra Malaysia 2019 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/68374/1/3.%20IQMAL%20UPDATE.pdf Ibrahim, Siti Nur Iqmal and Ng, T. W. (2019) Fourier-based approach for power options valuation. Malaysian Journal of Mathematical Sciences, 13 (1). pp. 31-40. ISSN 1823-8343; ESSN: 2289-750X http://einspem.upm.edu.my/journal/fullpaper/vol13no1/3.%20IQMAL%20UPDATE.pdf
spellingShingle Ibrahim, Siti Nur Iqmal
Ng, T. W.
Fourier-based approach for power options valuation
title Fourier-based approach for power options valuation
title_full Fourier-based approach for power options valuation
title_fullStr Fourier-based approach for power options valuation
title_full_unstemmed Fourier-based approach for power options valuation
title_short Fourier-based approach for power options valuation
title_sort fourier-based approach for power options valuation
url http://psasir.upm.edu.my/id/eprint/68374/
http://psasir.upm.edu.my/id/eprint/68374/
http://psasir.upm.edu.my/id/eprint/68374/1/3.%20IQMAL%20UPDATE.pdf