Naslov
Načini vlaganja v opcije
(The Modality of Investments into Options)

Autori
Prohaska, Zdenko

Izvornik
Bančni vestnik : revija za denarništvo in bančništvo (0005-4631) 43 (1994), 7-8; 27-30

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni

Ključne riječi
options; call options; put options; Black-Scholes
(opcije; nakupne opcije; prodajne opcije; Black-Scholes)

Sažetak
An option is a contract that provides the right to buy or sell a specific amount of shares at a predetermined price or exchange rate and at a predetermined future date. The exchange for such a right is the price of the option, which amounts to 1- 10 % of the real price or exchange rate of the share. We can distinguish between two categories of options: call options (the right to purchase), and put options (the right to sell). Investors should established whether the offered price of options is objective and reflects the actual demand and supply or is unreal, i.e. either too high or too low. The best known model used to determine the price of an option is the model by F. Black and M. Scholes. By using the model the investor can identify either overvalued or udervalued options, and can gain a substantial return by either selling or buying them.

Izvorni jezik
Slv

Znanstvena područja
Ekonomija

POVEZANOST RADA