期权定价模型分类及其实际应用.pdf

摘要 随着社会的进步， 金融市场的发展逐步完善， 越来越多的金融衍生品走进了 人们的视野。期权作为重要的金融衍生品之一， 受到许多投资者与研究者的关注。 本文就是对期权的产生与发展和期权相关的定价模型进行了讨论。 本文先简要介 绍了期权的发展史以及现阶段的概况，随后对期权进行分类详解，接着以 B-S 模型和二叉树模型这两种经典定价模型为例进行了深入讨论并举例说明他们的 实际应用， 最后又分析了几种新型期权和他们的定价模型， 并简要介绍了他们的 实际用途。 关键词 ：期权发展历程；期权的分类； B-S 定价模型；二叉树模型 1 Abstract With the development of the society, finance market has been impr oving gradually, more and more financial derivative instruments have come to the eyesight of people. Option, as the important tool of fina ncial derivative instrument, has been cast more attention by the inve stor and the researcher. This essay would focus on the generation of option and Capital Asset Pricing Model of the option. First, this dis sertation introduces the history and nowadays state of the option development. Then, it focuses its attention on classifying and description of the option. This paper raises the Black-Scholes Model and Binary Tree Model as typical example to talk deeply about their appliance. Finally, this paper analysis so me kinds of new options and their asset pricing model, and introduce the practical use of the new option to all readers. Keywords: history of option development Option classifying Black-Scholes Model Binary Tree Model 2 目录 摘要 .1 Abstract .2 目录 .3 第一章 绪论 .4 1.1 期权的含义 4 1.