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Build an option pricing model for environmental products that takes into consideration price floors and ceilings

Our firm trades in certain environmental commodities such as California Carbon, RGGI ("Regional Greenhouse Gas Initiative), NJ Solar Renewable Energy Credits and others that have certain mandated price (hard or soft) price floors and ceilings to mitigate price volatility. Most entities use a basic black scholes pricing model to price up options in these markets but such models assume a normal distribution of outcomes and do not properly take into consideration certain regulatory limitations such as price floors and banking.

We would like to engage you to construct an option pricing model in excel with an easy to use interface for us to price and produce all the relevant greeks taking into consideration the differences in the market. The model should be able to be adjusted easily by the end user such that we can adjust the floor and ceilings or banking rules and probabilities of such events.

This shall be a work for hire product where all work product is owned by our firm once produced and all copies are destroyed by the contractor once created.

Please submit a project level proposal at a fixed price and with completion expected in the next four weeks or earlier. Ongoing interaction during the project with our firm to make sure the work product is what we need will be required.

If the project is completed as requested and of a high level of quality, it expected we would continue with other assignments in the future on a regular basis.

Skills: Business Analysis, Finance, Financial Markets, Financial Research

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About the Employer:
( 0 reviews ) Houston, United States

Project ID: #5059260

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OriolAM

Hi, I am very interested in collaborating in this project. I hold a MSc in Finance by the Barcelona Graduate School of Economics, and a Bachelor in Economics. My strengths for the project are good knowledge in nume More

$394 USD in 15 days
(16 Reviews)
4.7

13 freelancers are bidding on average $568 for this job

funnyhoney

PMP, MBA and professional business analyst/ consultant. Worked on similar projects developing formulas, models and analytics for reputed US and UK based companies. Excel pro with high analytical, conceptualization and More

$515 USD in 3 days
(121 Reviews)
7.3
subha061524

Hi. I am an assistant professor working as finance faculty in south India. I am also doing my phd currently. My research topic is related to Black-Scholes option pricing model and approximations to B-S model for exotic More

$1500 USD in 30 days
(1 Review)
3.3
mkozlovskis

Hi, I have a business degree from a top Northern European business school with specialization in finance and economics. I have an intricate understanding behind options pricing models that I have developed while wor More

$555 USD in 5 days
(3 Reviews)
2.7
tuhindo82

Dear I have just seen your Job posting and upon reading thoroughly, I felt strongly that I would be the most qualified contractor for your project. I have vast experience in IT / project management / business plan a More

$555 USD in 30 days
(2 Reviews)
2.1
jaintata111

Title: Option Pricing Model for Pricing Environmental products Description: Construct an option pricing Model in Excel with easy to use interface to price and produce all relevant greeks considering th More

$250 USD in 21 days
(1 Review)
2.1
bgill

Good Day, I also placed a bid for the other project you have listed. It might be convenient for you to work with just one team. If so, that will be an added value of accepting us for both projects. I am experienced More

$444 USD in 15 days
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0.0
FinanceAce

Hi, My name is Kris Bindumadhavan and I am a CFA charterholder (2002) and FRM titleholder (2008.) I passed all 3 levels of the CFA exams and the full FRM exam on first attempt. I also hold an MBA degree (GPA 4.0/4.0 More

$666 USD in 15 days
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0.0
piazzalunga

Hallo, I am a 4th year ph.D. in Finance candidate, focusing on Empirical Methods, but aware of a fair amount of the cross section of the discipline. You can verify my skills at [url removed, login to view], which redirect More

$250 USD in 7 days
(0 Reviews)
0.0
DNLABS

Hello. I have a long experience as a manager and R&D director. I studied Business Strategy at Stanford Business School. I can build an excel file which goes beyond a pricing tool. It will be a valuable tool for y More

$544 USD in 7 days
(0 Reviews)
0.0
jlambert2

Hi, I'm in a unique position as someone with experience in both derivatives and renewable energy. On the derivatives side, I began trading commodities soon after my 18th birthday (my father was active in finance, an More

$555 USD in 14 days
(0 Reviews)
0.0
PhillTencick

I have extensive experience with option pricing from both practical experience and a strong academic background (MBA, CFA charterholder). I also have vast modeling experience. These traits will insure that the work p More

$600 USD in 7 days
(0 Reviews)
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MatitoRoberto

A proposal has not yet been provided

$555 USD in 3 days
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