Creates a Basket Option object.

This function can employ different pricing engines (Analytical and MonteCarlo).

Once the object has been constructed, the value of the option can be obtained by executing the PrcObjBasketOption() function.

This function requires the input of a BlackScholes Process object key, which must have been produced via a call to one of the following functions : GBSProcess(), GBSProcess2(), BS73Process(), BS73Process2(), BlackProcess(), BlackProcess2(), GKProcess() or GKProcess2() functions.

These functions would have returned a string 'KEY' which is to be passed to the 'payoff' parameter of this function.

This function requires the input of a payoff object key, which must have been produced via a call to the PlainVanilla() function.

This function would have returned a string 'KEY' which is to be passed to the 'payoff' parameter of this function.

This function requires the input of a exercise object key, which must have been produced via a call to one of the following functions : AmericanExercise(), EuropeanExercise(), BermudanExercise(), ExerciseFromLeg(), ExerciseFromSche(), ExerciseFromSW(), ExerciseFromFIXBND() or ExerciseFromFLTBND(). These functions would have returned a string 'KEY' which is to be passed to the 'exercise' parameter of this function.

This function requires the input of an engine object key, which must have been produced via a call to one of the Basket Engine creation functions present within the CapeTools Basket Engine category of functions.

These functions would have returned a string 'KEY' which is to be passed to the 'engine' parameter of this function.

This function creates an object and returns a string-key value to represent this created object.
The TAG value of the string-key returned (second part of the key) is : "BASOPT"

String CTEngineOptions.BasketOption( _
String Key, _
Long Reload, _
String basketType, _
Variant stochProcesses, _
String payoff, _
String exercise, _
Variant corrMatrix, _
String engine)

=CT.OPT.BasketOption(
Excel String Cell Key,
Excel Numeric Cell Reload,
Excel String Cell basketType,
XLRange stochProcesses,
Excel String Cell payoff,
Excel String Cell exercise,
XLRange corrMatrix,
Excel String Cell engine)

static std::string BasketOption(
std::string Key,
long Reload,
std::string basketType,
CTRangeDataCPP stochProcesses,
std::string payoff,
std::string exercise,
CTRangeDataCPP corrMatrix,
std::string engine);

System.String CTEngineOptionsSA.BasketOption(
System.String Key,
System.Int32 Reload,
System.String basketType,
CTRangeData stochProcesses,
System.String payoff,
System.String exercise,
CTRangeData corrMatrix,
System.String engine);

CTQL.CTRangeData BasketOption_corrMatrix = new CTQL.CTRangeData();

System.Text.StringBuilder BasketOption_corrMatrix_builder =
new System.Text.StringBuilder(100);

BasketOption_corrMatrix_builder.Append("{");
BasketOption_corrMatrix_builder.Append("1	 | 0.7645	 | 0.78	 | 0.8027	 | 0.8362 ;");
BasketOption_corrMatrix_builder.Append("0.7645	 | 1	 | 0.7895	 | 0.8102	 | 0.8427 ;");
BasketOption_corrMatrix_builder.Append("0.78	 | 0.7895	 | 1	 | 0.8175	 | 0.8498 ;");
BasketOption_corrMatrix_builder.Append("0.8027	 | 0.8102	 | 0.8175	 | 1	 | 0.8595 ;");
BasketOption_corrMatrix_builder.Append("0.8362	 | 0.8427	 | 0.8498	 | 0.8595	 | 1");
BasketOption_corrMatrix_builder.Append("}");

// Parse the string into the Range object.
BasketOption_corrMatrix.RangeFromStr( BasketOption_corrMatrix_builder.ToString() );

The C# example below contains all the sub-function calls leading up to this function call. As a result, the example can contain a lot of code.

The VB.NET, J#, C++.NET, Java, Excel VBA, Visual Basic 6 (via COM) and C++ examples below contain function code stubs for the calls leading up to this function call. However, the function call for this function is displayed.
You can easily reproduce the stub functions code from the C# example.