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. Author manuscript; available in PMC: 2017 Aug 10.
Published in final edited form as: Proc CGO. 2010 Apr;2010:230–237. doi: 10.1145/1772954.1772987

Figure 5.

Figure 5

Definition of Black-Scholes algorithm where S: stock price, X: strike price, r: risk-free interest rate, T: time to expiration, σ: voltatility, and N(x): fifth-order approximation of the cumulative normal distribution function.