Perelló, J; Porrà, J.M; Montero, M; Masoliver, J - In: Physica A: Statistical Mechanics and its Applications 278 (2000) 1, pp. 260-274
Options are financial instruments designed to protect investors from the stock market randomness. In 1973, Black, Scholes and Merton proposed a very popular option pricing method using stochastic differential equations within the Itô interpretation. Herein, we derive the Black–Scholes...
