XPO White Papers

This section contains white papers related to Expirationless Options.

• A Comparison of LEAPS vs. Expirationless Options
  A side-by-side comparison of LEAPS and XPOs.
• Pricing American Expirationless Options Non Technical Overview
  A non-technical overview of the theoretical methodology for pricing XPOs.
• Expirationless American Options: Overcoming the Pricing Myth
  The purpose of this paper is to demonstrate that XPO prices must be lower than the price of the underlying stock.
• Using Expirationless American Options to Hedge Employee Stock
  Ownership Program Risk