Level 7: Black-Scholes-Merton and the Greeks
The formula for a European option’s price, with dividends, stock indices and currencies, the volatility it needs, and how the price changes with each of its inputs: delta hedging and the other Greeks.
The formula for a European option’s price, with dividends, stock indices and currencies, the volatility it needs, and how the price changes with each of its inputs: delta hedging and the other Greeks.