牛熊達人

CBBCs are a type of structured product on the investment market that can track the performance of related assets. CBBCs can provide investors with leveraged investment in related assets, which can be a single stock or an index.
CBBCs are usually issued by third parties, but not by stock exchanges or asset owners. Therefore, issuers usually sell at a price higher than the theoretical value of the warrants. This program is designed to help investors calculate the relevant CBBCs. The theoretical price of the certificate.
Compared with warrants, the price of CBBCs is less affected by the two major factors of implied volatility and time value. Therefore, the market generally believes that the price of CBBCs can be regarded as linear and can be easily calculated without a computer. However, in fact, CBBCs are also options. A kind of, related
Prices are greatly affected by the dividends and interest rates of the relevant assets, and the hedge value may be as low as 0.5 or exceed 1, and it is not linear.

This program has 2 main functions:
1. Under established assumptions, help calculate the theoretical value of CBBCs
Users only need to enter the CBBC number, and then enter the relevant asset price.
2. Help users find CBBCs with similar terms
Users only need to enter the CBBC number to search