Double one-touch option
On November 19, 2021, the price of the underlying asset is 55,000 USDT, and Jack purchases the following product:
|
Product Type |
Trading Currency |
Lower Barrier Price |
Upper Barrier Price |
Order Yield Value |
Expiration date |
Option Premium |
|
Double one-touch option |
BTC |
50,000 |
60000 |
1000 USDT |
19-12-2021 |
600 USDT |
1. At a certain time on November 1, 2021 (before expiration), the underlying asset price was greater than or equal to 60,000 USDT, so Jack immediately received 1,000 USDT back. The option return = 1,000 USDT - 600 USDT = 400 USDT.
Order yield value - option premium = option return
2. At a certain time on November 1, 2021 (before expiration), the underlying asset price was less than or equal to 50,000 USDT, so Jack immediately received 1,000 USDT back. The option return = 1,000 USDT - 600 USDT = 400 USDT.
Order yield value - option premium = option return
3. The underlying asset price did not touch the upper or lower barrier prices before the option expired on December 19, 2021 (the expiration date), so the yield value is 0, and the option has no return. Option return = 0 - 600 USDT = - 600 USDT
Order yield value - option premium = option return
Double no-touch option
On November 19, 2021, the price of the underlying asset is 55,000 USDT, and Jack purchases the following product:
|
Product Type |
Trading Currency |
Lower Barrier Price |
Upper Barrier Price |
Order Yield Value |
Expiration date |
Option Premium |
|
Double no-touch option |
BTC |
50,000 |
60000 |
1000 USDT |
19-12-2021 |
600 USDT |
1. At a certain time on November 1, 2021 (before expiration), the underlying asset price was greater than or equal to 60,000 USDT, so the option expired immediately with a 0 yield value meaning no return. The option return = 0 - 600 USDT = -600 USDT
Order yield value - option premium = option return
2. At a certain time on November 1, 2021 (before expiration), the underlying asset price was less than or equal to 50,000 USDT, so the option expired immediately with a 0 yield value meaning no return. The option return = 0 - 600 USDT = -600 USDT
Order yield value - option premium = option return
3. The price did not touch the upper or lower barrier prices before expiration on December 19, 2021 (the expiration date), so the option pays Jack 1000 USDT on the expiration date. The option return = 1,000 USDT - 600 USDT = 400 USDT.
Order yield value - option premium = option return
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