Options!  (version 1.0.1)

 By: Super Computer Consulting, Inc.

This application performs Black Scholes analysis of European Call and Put options. It is extremely user friendly and simple to operate.

It computes the price of the option and the important Greeks (see below).

The required inputs are:

·         Option type: Call or Put

·         Price of the underlying security

·         Strike Price

·         Today’s Date

·         Expiration Date

·         Volatility

·         Risk Free interest Rate

·         Dividend Date

The program’s outputs are:

·         Price – the Black Scholes price of the option

·         Delta – how much the option price changes when the underlying changes by a small amount, (measured per  1 currency unit)

·         Gamma – how much Delta changes when the underlying changes (measured per  1 currency unit)

·         Vega – how much the option price changes when volatility moves by a small amount (measured per 1%)

·         Theta – how much the option price changes when time moves forward by one day

·         Rho - how much the option price changes when the risk free rate changes (measured per 1%)

For more information on Black Scholes, go to

http://en.wikipedia.org/wiki/Black_scholes

For more information on the Greeks, go to

http://en.wikipedia.org/wiki/The_Greeks