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copula_opt_pricing

This repo contains the tools for the computation of the price of a European Call Spread Option, whose dependence structure is defined by the Plackett Copula. The functions are implemented to work jointly with those of the Heston-Nandi GARCH library.

Main functions include:

  • Estimation of the Plackett Copula's θ parameter
  • Simulation of future correlated asset prices
  • Montecarlo Simulation for spread option pricing
  • Novel closed form option pricing by means of Copula properties

Future development include:

  • Disentanglement of HN-GARCH functions, to work with any marginal distribution with closed form characteristic function

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