This paper describes the traditional investment methods and practice it in the gaps, and introduced the option pricing theory and the Black-Scholes formula and its model, The theory in the October 14, 1997 was 1997 Nobel Prize for Economics. The theory and the model is very complex, it is extremely simple to use. This theory for financial innovation, financial derivatives pricing, financial risk prevention is of great significance; can be widely used in various types of investment and product development of dynamic decision-making. Option of the 20th century, financial derivatives market model of successful innovation. Options market has become the international financial markets as an important part. Option pricing theory is not only to prop up the options market development, while promoting the entire financial derivatives market development. Recalling the classic option pricing theory and European option pricing model, its detailed evaluation, looked to the future option pricing theory direction of development. |