1- What is the expected premium rat for a chooser option, where the buyer of the option is able to select a put or call half way through the life of the option. (write the formula and what each term stand for)
2- What is the expected premium rate for a floating put option, where the strike price is the minimum price of the stock and the returns are equal to the difference between the ending price and the minimum price (floating strike).(write the formula and what each term stand for)
3- The expected premium rate for a floating call option, where the strike price is the maximum price of the stock and the returns are equal to the difference between the ending price and the maximum price (floating strike).(write the formula and what each term stand for)