real options in a nutshell - jaoo.dk
TRANSCRIPT
Real Optionsin a nutshellin a nutshell
Olav MaassenQNH
Chris MattsAccellinnova
© alisdair
Real Options:What are theyWhat are they
And how do they improve your life?
The Game
© jimmyrog
© fatal Cleopatra
Risk
Time
Agile
© thelastminute
Source: Kevin Tate, Alias Software
Risk
Time
Waterfall
© - Woo -
An Arbitrage(Free Money)
© wilhei55
© moonpix7
Options everywhere
© Justin Russell
© tvol
• Price drops to $90 • Price goes to $110
100.000 (+/- 5%) barrels of oil for $100 / barrel
Total value: $10.000.000
• Price drops to $90
• 95.000 barrels
• Cost saving: $10 * 5.000
• Price goes to $110
• 105.000 barrels
• Extra profit: $10 * 5000
• Price drops to $90 • Price goes to $110
100.000 (+/- 5%) barrels of oil for $100 / barrel
Total value: $10.000.000
• Price drops to $90
• 95.000 barrels
• Cost saving: $10 * 5.000
• Price goes to $110
• 105.000 barrels
• Extra profit: $10 * 5000
95.000 barrels plus the option to buy 10.000 more
Financial Options
Embedded Options
Maths
FinancialMaths
Real Options
Information
© Striker W@SP
Black Scholes….. A House of Cards
© janetmck
Oops!
© shaymus022
Never commit early unless you
know why
Options have value© luismi1985
Options expire
© givepeasachance© Tub Gurnard
1. Right2. Wrong3. Uncertainty
© Bethany L King
© Violator3
A or B?
Maths
WWW.
Grid
© The Nug
© Uninen
© TAudiophile
© lucadex
© codyR
© Hamedog
© elliottcable
© whitneybee
STOPGuessing!
© topher76
Create Options
© haydnseek
Prepare to run fast.
© James Temple
……and have fun.© lordkirbs
Q&A
Further Reading:
Article: “Real Options” underlie agile practiceshttp://www.infoq.com/articles/real-options-enhance-agility
Contact Information:
Olav Maassen ([email protected]) Chris Matts ([email protected])
All photo’s are licensed under the Creative Commons license by their respective owners.Pictures are taken from flickr.com