Documentos de trabajo
Valoración binomial de opciones financieras
Fecha
2011-12-01Autor
Berggrun Preciado, Luis
Institución
Resumen
This teaching note discusses the valuation of European and American financial options. Valuation is conducted assuming that the price of the underlying follows a binomial distribution. We initially value options based on the concept of no arbitrage in discrete time and then move to a continuous time framework.