kombinasjonsauksjoner

Kombinasjonsauksje, also known as combination option or compound option, is a financial instrument that combines a stock option with a cash settlement. It gives the holder the right to buy or sell a specific asset on a predetermined date at a predetermined price.

Kombinasjonsauksje was first introduced in the Oslo Stock Exchange in 1996. It was designed to provide investors with an alternative to traditional stock options, allowing them to better manage their risk exposure. The instrument combines the flexibility of stock options with the stability of cash settlement, making it more appealing to risk-averse investors.

The underlying asset of a kombinasjonsauksje can be a stock, a index, or a currency. The holder has the right to buy or sell the asset at a predetermined strike price, but they also have the option to settle the contract in cash. The cash settlement amount is typically based on the difference between the strike price and the market price of the underlying asset on the expiration date.

Kombinasjonsauksjes are typically used by investors seeking to reduce their risk exposure while still benefiting from the potential gains of the underlying asset. They are also used by financial institutions to manage their exposure to specific assets. The popularity of kombinasjonsauksjes has grown over the years, and they are now traded on several European stock exchanges.