Foreign Exchange Options Pricing Theory:an Integrated Fuzzy Approach

Options, also known as the right to choose, it is first started from the stock options trading. Until the1980s, only foreign exchange options, the first batch of foreign currency option is the pound option and the German mark options, the contractor by the United States Philadelphia Stock Exchange in1982, it is the deformation of the established stock option trading. Foreign exchange options trading is a recent development transactions, it is the original way to the development of several foreign exchange hedging and complement. It provides customers with a method of foreign exchange hedging, to provide customers with the opportunity to profit from exchange rate changes, with greater flexibility. The generation of foreign exchange options attributed to two important factors:the increasingly severe international financial markets, exchange rate fluctuations and the development of international trade. With the final collapse of the early1970s, the Bretton Woods monetary system crisis appears to exchange rate fluctuations become increasingly intense. International goods and services trade is the rapid growth, more and more traders face of exchange rate movements and even the drama of the market, seeking to avoid foreign exchange risk is amore effective way.The full text includes six chapters:The first chapter of this article the significance of the topic, as well as innovation, The second chapter is a literature review, described in detail in a variety of option pricing has mature pricing theory, And analysis, comparing the advantages and disadvantages of the various theories in practical applications, The third chapter is to analyze the foreign exchange option pricing theory, and elected several important factors in the foreign exchange option pricing; The fourth chapter is the theoretical part of the article, the theory of fuzzy analysis method and tools; The fifth chapter is the analysis of foreign exchange option pricing, in accordance with the proposed method, by selecting the various factors indicators to calculate the weight of the conclusions of the various influencing factors assignment summary obtained numerical results, given the price trends; The final chapter is a summary of the article.