Linking Futures and Options Pricing in the Natural Gas Market

A robust model for natural gas prices should simultaneously capture the observed prices of both futures and options. While incorporating a seasonal factor in the convenience yield of the spot price effectively replicates forward curves, it proves insufficient for accurately modelling the options pri...

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Bibliographic Details
Main Author: Francesco Rotondi
Format: Article
Language:English
Published: MDPI AG 2025-06-01
Series:Risks
Subjects:
Online Access:https://www.mdpi.com/2227-9091/13/6/107
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