Re: European Discount from delivery

Posted by Jason.Clarke on
URL: http://quantlib.414.s1.nabble.com/European-Discount-from-delivery-tp4426p4428.html


No, I was looking for something far simpler than that;
I was looking to just discount the value of the option from a later date (effectively applying a different discount), as I only get the actual delivery of the option in let say 2 days after the expiry. All other value stays constant as that's locked in at expiry. Eg the following;
Eval                             Exp    Delivery
 |------------------------------|---------|


The obvious dirty solution would be to mulitply this by the forward discount factor from my own curve. but I was wondering if I had missed out on something and if this has been already implemented in QL.

Thanks

Jason


 


Luigi Ballabio <[hidden email]>
Sent by: [hidden email]

02/02/2006 16:28

To
Jason Clarke <[hidden email]>
cc
[hidden email]
Subject
Re: [Quantlib-users] European Discount from delivery





On 1/25/06, Jason Clarke <[hidden email]> wrote:
> Is there a way to discount a European option to allow for a lag between
> expiration of the option and actual delivery of the underlying settlement?

If I get it right, you mean that one will decide whether to exercise
and if so, the underlying will be delivered after a few days---during
which the price of the underlying could decrease resulting in a loss.
Is this correct?
No, there's no such possibility at this time. How would you go about
implementing it?

Luigi


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