Björk, Tomas; Biagini, Francesca - Economics Institute for Research (SIR), … - 2005
The timing option embedded in a futures contract allows the short position to decide when to deliver the underlying … framework, an explicit model independent formula for the futures price process in the presence of a timing option. We also …On the Timing Option in a Futures Contract
Francesca Biagini,
Mathematics Institute
University of Munich
Theresienstr …