Binomial Tree Model for Option Pricing: A Theoretical as well as Practical View

This particular study has been undertaken to implement the Binomial Option Pricing technique using computational software. This has been done with a view to price European as well as American options. Even though most of the option prices are given and available to the users, having a model to price...

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Main Author: Gupta, Devika
Format: Dissertation (University of Nottingham only)
Language:English
English
Published: 2010
Online Access:https://eprints.nottingham.ac.uk/23547/
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author Gupta, Devika
author_facet Gupta, Devika
author_sort Gupta, Devika
building Nottingham Research Data Repository
collection Online Access
description This particular study has been undertaken to implement the Binomial Option Pricing technique using computational software. This has been done with a view to price European as well as American options. Even though most of the option prices are given and available to the users, having a model to price them can prove as a useful tool for analysis and subsequent hedging. The Binomial Tree model has been chosen for valuing American options taking real time market data for stock options that trade on NASDAQ under the Chicago Board Options Exchange. Implied volatility has been used to compute option prices from the program to match their actual market value. This is done with a view to develop a program that has the ability to calculate the price of an option using real time data as close to the actual market price of the option.Volatility is discussed in greater detail and its effect on option prices are observed by varying it in the binomial tree program.
first_indexed 2025-11-14T18:46:45Z
format Dissertation (University of Nottingham only)
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institution University of Nottingham Malaysia Campus
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language English
English
last_indexed 2025-11-14T18:46:45Z
publishDate 2010
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spelling nottingham-235472022-03-21T16:06:15Z https://eprints.nottingham.ac.uk/23547/ Binomial Tree Model for Option Pricing: A Theoretical as well as Practical View Gupta, Devika This particular study has been undertaken to implement the Binomial Option Pricing technique using computational software. This has been done with a view to price European as well as American options. Even though most of the option prices are given and available to the users, having a model to price them can prove as a useful tool for analysis and subsequent hedging. The Binomial Tree model has been chosen for valuing American options taking real time market data for stock options that trade on NASDAQ under the Chicago Board Options Exchange. Implied volatility has been used to compute option prices from the program to match their actual market value. This is done with a view to develop a program that has the ability to calculate the price of an option using real time data as close to the actual market price of the option.Volatility is discussed in greater detail and its effect on option prices are observed by varying it in the binomial tree program. 2010-07 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/23547/1/final_dissertation-1.pdf other en https://eprints.nottingham.ac.uk/23547/2/Bimomial%20Tree%20Program/Program%20Executable/Finance.exe Gupta, Devika (2010) Binomial Tree Model for Option Pricing: A Theoretical as well as Practical View. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Gupta, Devika
Binomial Tree Model for Option Pricing: A Theoretical as well as Practical View
title Binomial Tree Model for Option Pricing: A Theoretical as well as Practical View
title_full Binomial Tree Model for Option Pricing: A Theoretical as well as Practical View
title_fullStr Binomial Tree Model for Option Pricing: A Theoretical as well as Practical View
title_full_unstemmed Binomial Tree Model for Option Pricing: A Theoretical as well as Practical View
title_short Binomial Tree Model for Option Pricing: A Theoretical as well as Practical View
title_sort binomial tree model for option pricing: a theoretical as well as practical view
url https://eprints.nottingham.ac.uk/23547/