Value at expiry of a lookback call option with fixed strike formula
Description of the Value at expiry of a lookback call option with fixed strike formula
Formula for the calculation of the value at expiry of a lookback call option with a fixed strike
Formula
\[ LC_{fix}=max\left ( S_{max}-K,0 \right ) \ \]
Symbols
\(K\ \)
Option strike price
\(S_{max}\ \)
Maximum price of the underlying during the option's lifetime
Additional information related to this formula
Related definitions from the glossary of financial terms
Call option • Lookback option • Option • Risk-free interest rate
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Option strategy calculator • Pricing of an option (Black & Scholes)