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Record W4311890089 · doi:10.54691/bcpbm.v32i.2992

Research on the Valuation of Chooser Options: Case of AAPL

2022· article· en· W4311890089 on OpenAlexaff
Ziming Tian

Bibliographic record

VenueBCP Business & Management · 2022
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicCapital Investment and Risk Analysis
Canadian institutionsUniversity of Toronto
Fundersnot available
KeywordsValuation (finance)Volatility (finance)Valuation of optionsActuarial scienceBusinessFinancial economicsEconomicsAccounting

Abstract

fetched live from OpenAlex

The financial market is becoming increasingly sophisticated as the economy grows. Since the majority of investors are looking for the best investment to decrease risks and increase returns, the flexibility that chooser options offer is very appealing. This article provides a detailed analysis of the chooser options, emphasizing their significance and usefulness in financial markets. Since determining the precise value of options is relatively challenging, the essay involves both the qualitative and quantitative aspects of pricing chooser options, which implies a wide variety of applications in various market circumstances. Explanations in this article focus on how chooser options are applied in practice, including options’ essential properties, exotic options’ role in the financial markets, introduction to chooser options, and the valuation process. By using Monte-Carlo simulation, the paper investigates variables influencing the value of AAPL's chooser options. It aids in explaining how uncertainty and risks affect predicting and forecasting models by estimating the potential outcomes of an uncertain event. According to the calculations used in this article, Apple Inc.'s (AAPL) price is tightly connected with the selected period and less correlated with volatility and its strike price at one-year maturity. With chooser options, the investor has the discretion of deciding in advance if the option is a put or a call. In this way, this article contributes to the comprehension of investing choices.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.002
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesInsufficient payload (model declined to judge)
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.410
Threshold uncertainty score1.000

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0020.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0010.001
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0010.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.185
GPT teacher head0.319
Teacher spread0.134 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

Study designTheoretical or conceptual
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2022
Admission routes1
Has abstractyes

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