An Ornstein–Uhlenbeck Model with the Stochastic Volatility Process and Tempered Stable Process for VIX Option Pricing

Table 6

The parameter estimation of benchmark models without a measure of change under the risk neutral measure.

Models	Parameters (E)
CIR
	1.783-1	8.911E-1	4.968E1	−2.717E-2
OUCTS
	2.015-2	9.854E-3	6.909E-3	1.584E0
	6.313-5	1.522E-2	1.091E-6	2.507E0	8.289E0