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    Pricing of VIX option

    Hi, I tried to price a vix options using stochastic model (Heston with garch) and black& scholes. whereas, I am not able to find the same figures as market prices ( call @21 ; mat : 08/17/2011 ; vix : USD 31,66 My price : 10,74 Market : 5,5 (last price; 08/05/2011) Volatility comes from...
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