European Call option pricing by the Adomian decomposition method
Date
2011
Authors
Rodriguez, S.
Marin, Freddy
Rodriguez, S.
Marin, Freddy
Journal Title
Journal ISSN
Volume Title
Publisher
Universidad EAFIT
Abstract
An option is a security that gives its owner the right to trade in a fixed number of shares of a specified common stock at a fixed price at any time on or before a given date. The act of making this transaction is referred to as exercising the option. The fixed price is termed the strike price, and the given date, the expiration date. A call option gives the right to buy the shares; a put option gives the right to sell the shares.