#### Black-Scholes-Merton Model

**Black-Scholes-Merton Model**

**Black-Scholes-Merton Model**

__Chooser Option__

**Vega in Options Trading**

**EQUITY DERIVATIVE**

__Synthetic Options__

__Asian options-Benefits and Risks__

**American options vs European options**

__Exotic Options__

**Asian Option**

An Asian option is a type of option in which the average price of the underlying asset over a period of time dictates the payoff of the option. It is different from the American or European option as in these options, the payoff depends on the price of the underlying asset at a particular point in time. They are also known as average value options.

(more…)**European Options**