Component 
Resolution  Exotic Options 




Function Definition 
oX_Supershare(ValueDate, ExpiryDate, Spot, LowerBoundary, UpperBoundary, RiskFree, Carry, Volatility, OutputFlag) Calculates the option value and Greeks for a supershare option using Hakansson's (1976) method 




Function Parameters 



Parameters 
Description 

Parameter Type 

Restrictions 

. 

ValueDate 

Valuation date. 

Date 


ExpiryDate 

Expiry date of the option. 

Date 


Spot 

Current market price of the underlying asset. 

Double 


LowerBoundary 

Lower boundary for the portfolio value, below which the option is without value. 

Double 


UpperBoundary 

Upper boundary for the portfolio value, at which the option is without value. 

Double 


RiskFree 

Risk free interest rate, expressed as an annually compounded Actual 365 rate. 

Double 


Carry 

Net cost of carry, expressed as an annually compounded Actual 365 rate. 

Double 


Volatility 

Annualized volatility of the underlying asset, expressed as a decimal. 

Double 


OutputFlag 

Indicates which result, or set of results, will be displayed in the worksheet. When returning more than one value, the function must be entered as an array function. 

Enumerated Constant 

0  Value & Greeks 
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