**Learn how to price options using Black-Scholes, use the greeks to manage risk, and make money by computing implied volatility.**

This 46-page ultimate guide teaches you everything you need to start analyzing plain vanilla equity options with Python.

- Understand the Important Jargon
- What Are Options?
- What Is the Black-Scholes Option Pricing Model?
- Understand (Enough of) the Math
- Code the Black-Scholes Formula
- Understand the Greeks
- Code the Greeks
- Code Realized Volatility
- Code Implied Volatility
- Get Live Options Market Data
- Compute Implied Volatility
- Interpolate Missing and Bad Implied Volatility Values
- Compute Black-Scholes and the Greeks
- Analyze the Model Error
- Analyze Implied Volatility

**Learn the theory (and math) behind the Black-Scholes options pricing model, binomial pricing models, the Greeks, and implied volatility.**

This 47-page ultimate guide teaches you everything you need to understand how options are priced.

- Terms and Definitions
- Profit Equations
- Some Trading Strategies
- Simple Boundary Conditions
- The Three Stories of Option Pricing Theory
- The Third Story of Option Pricing Theory
- Two-Period Binomial Lattice
- Binomial Lattice in World of Black-Scholes-Merton
- A Little Option Pricing History
- A Model of the Behavior of Stock Prices
- The Black-Scholes-Merton Differential Equation
- The Black-Scholes-Merton Option Pricing Formula
- Black-Scholes-Merton vs. Binomial Lattice
- General Black-Scholes-Merton Option Pricing Formula
- The Option “Greeks”