Strike | Empirical Prices | Non-increasing exponential costs | |
Without arbitrage | With arbitrage | ||
139 | 13.55 | 12.57 | 12.98 |
|
| (0.0723) | (0.042) |
144 | 9.95 | 9.14 | 9.46 |
|
| (0.0814) | (0.0492) |
149 | 6.50 | 6.28 | 6.52 |
|
| (0.0339) | (0.0031) |
154 | 4.00 | 4.07 | 4.23 |
|
| (0.0175) | (0.0575) |
159 | 2.50 | 2.50 | 2.60 |
|
| (0.0000) | (0.0400) |
| MAPE | 4.10% | 3.84% |
| MAE | 0.4160 | 0.2820 |