#### Black-Scholes-Merton Model

**Black-Scholes-Merton Model**

**Black-Scholes-Merton Model**

__Basis Point Value__

**Vega in Options Trading**

**Foreign Exchange Swap**

**Strangle Strategy**

__Large-Cap Stocks__

__Barbell Strategy__

**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…)**Implied Volatility in Options Trading**

__Volatility Swap__