A Financial Control/Component by WebCab Components

The WebCab Exotic Options module implements the following methods and procedures:
Types of Options - Within this module we show explicitly how-to and offer practical advice on the valuation of Asian, American (single and multi-asset), Lookback, Bermuda, European (single and multi asset) and binary options using the Monty Carlo and Finite Difference techniques.
Finite Difference Methods - powerful method for finding solutions of the Black-Scholes Equations
Single Asset Options - We provide an explicit and fully implicit algorithms including a framework in which to measure stability issues under differing scenarios.
Crank-Nicholson - is a fast and stable method for evaluating single asset option contracts
Multi-Asset - Implement a general multidimensional finite-difference algorithm
American, Bermuda Options Modification - we apply the `Successive Over-relaxation' technique in order to value American and Bermuda options
Asian and Lookback - examples of how strongly path dependent options can be evaluated using Finite Difference methods is given
Monte Carlo - can be effectively applied to value a large range of option contracts
Flow implementation - including generation of normal variables and the simulation of the random walk and corresponding cash flows ensures that our implementation of this technique can be applied to value almost any option contract
Options on many underlying assets - Generate correlation random variable using Cholesky factorization in order to value options contract of European type which depend on many underlying assets
Control Structure - the user has full control over the number of simulations and/or the required precision

The WebCab Options module implements the following methods and procedures:
European and Binary Options - The (Analytic) Black-Scholes model is fully implemented for European and Binary Options on stocks, currencies and indexes.
`The Greeks' - We offer methods for the evaluation of `the Greeks' (delta, gamma, rho, theta, vega) for European options on stocks, indexes and currencies according to the Black-Scholes model.
Volatility Estimates - the volatility may to estimated directly from historical values or from one of the following models:
ARCH - Autoregressive Conditional Heteroscedasticity model
EWMA - Exponentially Weighted Moving Average model
GARCH(1,1) - Generalized Autoregressive Heteroscedasticity model
Implied Volatility - Calculates the implied volatility for dividend and non-dividend paying stocks from the Black-Scholes formulae
Payoff Functions - Pay off functions at expiry for European and Binary Options are implemented
Put - Call Parity relations
Put - call parity relations for European options on an asset with no yield or a continuous yield
Put - call parity Relations for Binary options on an asset with no yield
Implied risk-free interest - the implied risk free interest rate is calculated when either the prices of put/call European or put/pull Binary option is known
Trading Strategies - the following pay-off functions for the following option trading strategies are implemented
Spread Option Strategies - Bull Spreads, Bear Spreads and Butterfly Spreads
Combination Option Strategies - Straddles and Strangles

WebCab Futures module implements the following methods and procedures:
Pricing on investment and consumption assets - Pricing of futures contracts on stocks, bonds, indexes, currencies and commodities
Futures on stocks, bonds, indexes - evaluation for assets with or without income, effective gearing
Futures on commodities - cost of carry, utility yield
Hedging - Portfolio hedging using index futures, optimal hedge ratio
Portfolio Hedging - delta hedge a portfolio using the beta coefficient
Optimal Hedge Ratio - the optimal ratio of the size of the position taken in futures contracts and the size of the exposure
Future Account management - margin, daily P&L,total equity, excess margin
Interest calculations - return, compound interest, compounding periods conversion