opt_bs
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Prototype

Function opt_bs(S As Double,
X As Double,
sigma As Double,
opt_mat As Double,
r As Double,
q As Double,
putcall As Long) As Variant

Description

This function uses the Black-Scholes formula to calculate the value and hedge statistics of a European option on a dividend paying stock.

Arguments

S - Double : The current value of the stock.

X - Double : The strike price.

sigma - Double : The volatility of the stock.

opt_mat - Double : The option maturity in years.

r - Double : The continuously compounded interest rate.

q - Double: The continuously compounded dividend rate.

putcall - Long : Indicates whether the option is a put or call.
If putcall = 0 then the option is a call , if putcall = 1 then it is a put.

Returned Values

The first element in the output array is the option value. This is followed the greeks in the following order :
gamma, delta, theta, rho and vega.

Other Information


Information on enumeration types
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