Library: | finance |
See also: | asset american bitree bs1 european mcmillan volatility |
Quantlet: | optstart | |
Description: | calculates option prices or implied volatilities |
Usage: | optstart() |
library("finance") optstart()
This quantlet invokes several interactive menus which ask you to specify the characteristics of your options. As output either the price of an american or a european option or its implied volatility are calculated. For European options the Black and Scholes formula and for American options the McMillan formula or binomial trees are used.