Online Chooser, complex Option Calculator

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powered by
Derivative toolbox 4.0 - beta
Output 
Model Input
Volatility
Call Time to maturity
Call Strike
Put Time to maturity
Put Strike
Time to choose
Interest rate
..results..

Description

A complex chooser option gives the owner the choice as some fixed future date (before expiration) to get either a vanilla call or vanilla put option. The call and put option have different strikes and maturities. The complex chooser option is a generalization to the simple chooser option which allows you to choose between a call and put with both the same strike and expiration date.
Payoff functions at expiration of a complex chooser option.

Relevant Equations

The payoff equation for this option is given by:

payoff equation