High Return Investments

Option style

The style or family of a financial option is a general term denoting the
class into which the option falls, usually defined by the manner in which
the option may be exercised. The two great families are european and
american.

A european option may be exercised by only at the maturity of the option,
i.e. at a single point in time

An american option on the other hand may be exercised at any time before
expiry. Oddly, american options are very rarely exercised. That is because
any option has a time value and is therefore worth more unexercised. Buyers
who wish to realise the full value of their option will therefore prefer
sell it on a recognised market, either an over the counter (OTC) or listed
market.

European options are typically valued using the Black-Scholes or Black 76
formulas. American options are more difficult to value, and a choice of
models are available (for example Whaley, binomial options model, Monte
Carlo and others).

Some other styles of options are

   * Bermudan option (buyer has right of exercise at certain times before
     maturity according to a pre-agreed schedule)
   * Asian option (buyer exercises against average strike price)
   * Quanto option (buyer exercises in different currency)

Investment FreshNews:

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Thu, 24 Jul 2008 19:28:07 GMT
An investigation by Sumner County Sheriff's department uncovered explicit pictures and messages sent from former Gallatin Finance Director Matt Stewart's city-issued computer. Stewart resigned July 14 after being confronted by City Attorney Joe Thompson and Police Chief John Tisdale with the evidence, said Gallatin Mayor Jo Ann Graves. Evidence included explicit instant messages and nude photos ...

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Thu, 24 Jul 2008 17:41:09 GMT
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Thu, 24 Jul 2008 16:26:51 GMT
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Thu, 24 Jul 2008 14:12:15 GMT
Some Public School System employees are feeling the heat. Since July 17, the eight staff members and three students in the PSS Finance Department have been working without an air conditioner, acting PSS Commissioner Craig Garrison said.

Benguela: Finance Minister Addresses Talk On Economic Progress (AngolaPress)
Thu, 24 Jul 2008 16:51:05 GMT
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