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  2. Finite difference methods for option pricing - Wikipedia

    en.wikipedia.org/wiki/Finite_difference_methods...

    The discrete difference equations may then be solved iteratively to calculate a price for the option. [4] The approach arises since the evolution of the option value can be modelled via a partial differential equation (PDE), as a function of (at least) time and price of underlying; see for example the Black–Scholes PDE. Once in this form, a ...

  3. Binary option - Wikipedia

    en.wikipedia.org/wiki/Binary_option

    In the Black–Scholes model, the price of the option can be found by the formulas below. [27] In fact, the Black–Scholes formula for the price of a vanilla call option (or put option) can be interpreted by decomposing a call option into an asset-or-nothing call option minus a cash-or-nothing call option, and similarly for a put – the binary options are easier to analyze, and correspond to ...

  4. Black–Scholes model - Wikipedia

    en.wikipedia.org/wiki/Black–Scholes_model

    From the parabolic partial differential equation in the model, known as the Black–Scholes equation, one can deduce the Black–Scholes formula, which gives a theoretical estimate of the price of European-style options and shows that the option has a unique price given the risk of the security and its expected return (instead replacing the ...

  5. Option (finance) - Wikipedia

    en.wikipedia.org/wiki/Option_(finance)

    An option holder may on-sell the option to a third party in a secondary market, in either an over-the-counter transaction or on an options exchange, depending on the option. The market price of an American-style option normally closely follows that of the underlying stock being the difference between the market price of the stock and the strike ...

  6. Rapture - Wikipedia

    en.wikipedia.org/wiki/Rapture

    The partial, conditional or selective rapture theory holds that all obedient Christians will be raptured before the great tribulation depending on one's personal fellowship (or closeness) between she or he and God, which is not to be confused with the relationship between the same and God (which is believer, regardless of fellowship).

  7. Predictions and claims for the Second Coming - Wikipedia

    en.wikipedia.org/wiki/Predictions_and_claims_for...

    This list shows the dates and details of predictions from notable groups or individuals of when Jesus was, or is, expected to return. This list also contains dates specifically predicting Jesus' Millennium , although there are several theories on when the Millennium is believed to occur in relation to the Second Coming.

  8. Partial-order planning - Wikipedia

    en.wikipedia.org/wiki/Partial-order_planning

    A partial-order planner is an algorithm or program which will construct a partial-order plan and search for a solution. The input is the problem description, consisting of descriptions of the initial state, the goal and possible actions. The problem can be interpreted as a search problem where the set of possible partial-order plans is the ...

  9. Completeness (order theory) - Wikipedia

    en.wikipedia.org/wiki/Completeness_(order_theory)

    In the mathematical area of order theory, completeness properties assert the existence of certain infima or suprema of a given partially ordered set (poset). The most familiar example is the completeness of the real numbers. A special use of the term refers to complete partial orders or complete lattices. However, many other interesting notions ...