Under “Preferences”, “Switch Option to Scen Apply” feature has been added. When this preference is checked, the switch option will be integrated into the future price along with the scenario shock. To perform the analysis, click “Apply” from the middle table. As a result, “Calc Prob” will automatically be triggered to calculate the switch option.
When checked, Future Px = “0 NB Px” – recalculated switch option value.
When unchecked, Future Px = 0 NB Px.
To see this 0 net basis price, a new column in the top table has been added called “0 NB Px”.