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What Is Black-Scholes Pricing?

The development of modern options pricing

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A Brief History

Remarkably, options trading can be traced back to 332 B.C. where there is an account of Thales of Miltetus, an astronomer, philosopher and mathematician purchased the rights to an oil harvest — making a fortune. The next most notable account of options trading was a period in the Dutch…




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Roman Paolucci

Roman Paolucci

Quantitative Finance, Mathematics, Artificial Intelligence and Computer Science

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