B-S Model Based Application Of Stock Option Pricing Theory

The option is refers to one kind of option, the holder through payscertain cost has one item before the due date or the due date acts according tothe special details to make the concrete choice the right. The option essenceentrusts with an its holder right, but is not the duty. In 1973, Fischer Blackand Myron Scholes Publication option fixed price model under strictsupposition condition, with without arbitrage balanced thought that throughstructure specific investment profolio: Has one kind of stock, to sell certainallocated proportion the stronger tendency option, gave from the stock pricefluctuation rate, the non-risk interest rate, has carried out the price, the duedate, the stock price five variables to calculate the western-style strongertendency option price the formula.This article in has made the multianalysis after the option correlationtheories, uses in the stockholder's rights after the B-S model fixing a pricewhether the suitable question has made the detailed inspection analysis,selected (stock code 600887) practical application Black a ScholeS model hascarried on the option and the stockholder's rights fixed price in Our countryShanghai Stock market going on the market Ely stock. Obtains the option thevalue, then figures out the stock price and compares with the market stockprice. This article for the option fixed price theory and between the companyvalue assessment method's union aspect, used the B-S model to carry on thecompany stockholder's rights value assessment then to carry on the stock fixed price aspect to make the beneficial exploration, was advantageous inpromotes the B-S model practical application.