If we take a cross section of a volatility surface at a particular strike, we obtain a curve that describes implied volatilities as a function of expiration for that strike.

 
  • 波動(dòng)率期間結構,除了有上述的短天期領(lǐng)先長(cháng)天期的現象之外,它還有短天期回歸長(cháng)天期的現象。
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