论文30：『Optimal Choosing Models for Executing Criteria for American Options』, The ICFAI Journal of Applied Economics, 2007, 6(6): 94-109.

摘要：Based on the structure models of options pricing (Dai and Qin, 2005), this paper presents the models by which the optimal criterion for executing American options could be computed. By using the models, we can find the choosing criterion and optimal prices to exercise the American call and put options. Thus, the decision can be made that an American option, call or put, should be exercised or not at any time. According to the empirical analysis, the results given here are interpreted to be very practical and useful. The conclusions in this paper are more important in its consulting effect for single trader and organization traders to make their security market trade.

附件：Optimal Choosing Models for Executing Criteria to American Options.pdf

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