southsouth
New Member
Hi David,
You show us very intuitive way to understand Black-Scholes model
in your article "Option Pricing Models (OPM). Part 4: Black-Scholes".
but I still have difficulties to understand
1) "Add Volatility" to the formula and
2) the meaning of N(d1), N(d2).
Could you please give me more intuitive explanation?
Thanks!
Steve
You show us very intuitive way to understand Black-Scholes model
in your article "Option Pricing Models (OPM). Part 4: Black-Scholes".
but I still have difficulties to understand
1) "Add Volatility" to the formula and
2) the meaning of N(d1), N(d2).
Could you please give me more intuitive explanation?
Thanks!
Steve