NOTE ON WEIGHTED AVERAGE STRIKE ASIAN OPTIONS

Asian options are path-dependent and have payoffs which depend on the average price over a fixed pe-riod leading up to the maturity date. This option is of interest and important for thinly-traded assets since price manipulation is prohib-ited, and both the investor and is-suer may enjoy a certain degree of protection from the caprice of the market. There are several nice re-sults for the average options with different approaches. In this paper, we consider to propose a more gen-eral weight instead of usual simple average, for which it may be possi-ble to control the weights in the light of unexpected situation incurred. In particular, we focus on strike Asian option with weighted average of as-set prices