Serving the Quantitative Finance Community
MC for commodity futures
Dear all,I am trying to find how to simulate commodity futures prices using MC, however I can't find anything relevant. Just phrases like: "you have to simulate risk factors, input them in your pricing formulas..bla-bla". What I am looking for is step by step procedure, preferably explained in simple and beautiful language of formulas. Thank you in advance. I believe it must be pretty simple, if majority of authors didn't even bother to specify which formulas they were refering to.