Black's Model
A variation of the Black-Scholes model that allows for the valuation of options on futures contracts. Investopedia Says:
In 1976, Fisher Black, one of the developers of the Black-Scholes model (introduced in 1973), demonstrated how the Black-Scholes model could be modified in order to value European call or put options on futures contracts. Related Terms:
Black-Scholes Model
Financial Modeling
Financial Modeling
Futures Contract
Merton Model
Option Pricing Theory |