/// <summary>
/// Initializes a new instance of the <see cref="Option{T}" /> class.
/// </summary>
/// <param name="type"> the type of option </param>
/// <param name="rights"> The rights. </param>
/// <param name="underlying"> The underlying. </param>
/// <param name="strikePrice"> The strike price. </param>
/// <param name="expiration"> The expiration. </param>
protected Option(OptionType type, OptionRights rights, Underlying <T> underlying, decimal strikePrice, DateTime expiration)
: base(OptionName(rights, underlying, strikePrice), OptionTicker(underlying, expiration))
{
_underlying = underlying;
_strikePrice = strikePrice;
_expiration = expiration;
_type = type;
_rights = rights;
}
public void TestEquityOptionPricing()
{
const string expectedName = "International Business Machines";
const string expectedTicker = "IBM";
var ibm = new Underlying <Equity>(new Equity(expectedName, expectedTicker));
var expectedExpiration = new DateTime(2015, 01, 01);
const decimal expectedStrike = 100;
const OptionRights expectedRights = OptionRights.Call;
const OptionType expectedType = OptionType.American;
var ibmEquityOption = new EquityOption(expectedType, expectedRights, ibm, expectedStrike, expectedExpiration);
Assert.IsNotNull(ibmEquityOption);
}
public void EquityOptionSecurityCtorTest()
{
const string expectedName = "International Business Machines";
const string expectedTicker = "IBM";
// create the underlying equity
var ibm = new Underlying <Equity>(new Equity(expectedName, expectedTicker));
var expectedExpiration = new DateTime(2015, 01, 01);
const decimal expectedStrike = 100;
const OptionRights expectedRights = OptionRights.Call;
const OptionType expectedType = OptionType.American;
var ibmEquityOption = new EquityOption(expectedType, expectedRights, ibm, expectedStrike, expectedExpiration);
Assert.AreEqual(expectedName, ibmEquityOption.Underlying.Security.Name);
Assert.AreEqual(expectedTicker, ibmEquityOption.Underlying.Security.Ticker);
Assert.AreEqual(expectedRights, ibmEquityOption.Rights);
Assert.AreEqual(expectedStrike, ibmEquityOption.StrikePrice);
Assert.AreEqual(expectedType, ibmEquityOption.Type);
}
/// <summary>
/// Initializes a new instance of the <see cref="Option{T}" /> class.
/// </summary>
/// <param name="type"> the type of option </param>
/// <param name="rights"> The rights. </param>
/// <param name="underlying"> The underlying. </param>
/// <param name="strikePrice"> The strike price. </param>
/// <param name="expiration"> The expiration. </param>
public EquityOption(OptionType type, OptionRights rights, Underlying <Equity> underlying, decimal strikePrice, DateTime expiration)
: base(type, rights, underlying, strikePrice, expiration)
{
}
/// <summary>
/// Options the name.
/// </summary>
/// <param name="rights">The rights.</param>
/// <param name="underlying">The underlying.</param>
/// <param name="strike"> </param>
/// <returns></returns>
private static string OptionName(OptionRights rights, Underlying <T> underlying, decimal strike)
{
return(rights + " " + underlying.Security.Name + " @ " + strike);
}
