We price European-style options written on forward contracts in a commodity market, which we model with a state-dependent infinite-dimensional Heath-Jarrow-Morton (HJM) approach.
<clarity> We price European-style options written on forward contracts in a commodity market, which we model with a state-dependent infinite-dimensional Heath-Jarrow-Morton (HJM) approach.
We price European-style options written on forward contracts in a commodity market, which we model with an infinite-dimensional Heath-Jarrow-Morton (HJM) approach.