This chapter dives into one of the most important breakthroughs in modern quantitative finance: the Black–Scholes model. The Black–Scholes framework not only transformed the way options are valued but also laid the foundation for much of today’s derivatives pricing and risk management.

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Black–Scholes Pricing Formula

  • Aaron De la Rosa

摘要

This chapter dives into one of the most important breakthroughs in modern quantitative finance: the Black–Scholes model. The Black–Scholes framework not only transformed the way options are valued but also laid the foundation for much of today’s derivatives pricing and risk management.