貌似没有喔

<p>这个OPTION给予我什么权利呢？？LZ这个都没说，怎么可能知道？</p>

<p>权利就是你是零成本买的，你不用付出任何钱就可以拿到这个option，但是如前面说的，如果股票上升S&gt;K之后你要给会钱给公司，就是price，但是要是股票下降的话，S&lt;K, 你不用给任何的钱。这个题目就是用Black－schoelmodel算这个option的价格。我大概有点了解，就是不明白这个option是什么option，原理是什么？</p>

希望我的答复，能回答上面的问题。ca'sh－nothing的话，是要给钱是买的，但这个是不要的。有点疑惑。

<p>is this a short position of a regular option?</p><p>but it is strange that it costs nothing.</p><p>an option should cost some money.</p><p>an executive stock option costs nothing(?)</p><p></p><p>i don't know</p>

<p>forward </p>

<p>有个疑问,所需返的"部分钱"是指哪一部分.是S-K的一部分吗?</p><p>这个期权行权时是以K的价格从期权的卖方那里买标的资产吗?</p><p></p>

[此贴子已经被作者于2008-9-6 23:58:07编辑过]

这不就是简单的看涨期权的空头头寸么？

<p>s&gt;k我一定要给钱吗？？？那我免费拿这个权正，我又能赚什么呢？？</p>

是不是相当于我们是卖方了？那不就好解释了

maybe a kind of conditional put option. if S&lt;K, it has no value and you have no incentive to excise it, so you need to pay a part of option fee; if S&gt;K, the holder will excise the option, and in this case the company undertake the option fee and you&nbsp;just share the benifit with the company. the company is an agency in stead of an underwriter. u and the company mutually share the cost and the benifit.&nbsp;

binary option or digital option

<p>short forward</p><p></p>

谢谢，大家的回答，我自己认为应该就是bs里面的digital option的一种应用，但有不完全类似的一种产品。不想再追它了。谢谢大家了。

<span lang="ZH-CN" style="; FONT-FAMILY: SimSun; mso-ascii-font-family: &quot;Times New Roman&quot;; mso-hansi-font-family: &quot;Times New Roman&quot;; mso-bidi-font-family: &quot;Times New Roman&quot;; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA;">期权购买者一点好处都没有</span><span lang="EN-US" style="; FONT-FAMILY: &quot;Times New Roman&quot;; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA; mso-fareast-font-family: SimSun;">, </span><span lang="ZH-CN" style="; FONT-FAMILY: SimSun; mso-ascii-font-family: &quot;Times New Roman&quot;; mso-hansi-font-family: &quot;Times New Roman&quot;; mso-bidi-font-family: &quot;Times New Roman&quot;; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA;">市场应该没有这种期权</span><span lang="EN-US" style="; FONT-FAMILY: &quot;Times New Roman&quot;; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA; mso-fareast-font-family: SimSun;">.</span>

这是pay-later期权<br/>