The floating strike Asian option has a payoff based on the difference between the underlying at expiration , and the average of the underlying prior to expiration .
List of symbols
Value of the floating strike Asian call option at expiration
Value of the floating strike Asian put option at expiration
Price of the underlying asset at expiration
The average of n samples of the asset
First sample of the asset that is used in the average
.png "Asian option (floating strike) equation")
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