Book Image

Python for Finance

By : Yuxing Yan
Book Image

Python for Finance

By: Yuxing Yan

Overview of this book

Table of Contents (20 chapters)
Python for Finance
About the Author
About the Reviewers


In this chapter, we deliberately avoided any mathematical formula related to the option theory. Thus, within a short period of time, such as less than two hours, a reader who has no clue about the option theory could price a European call option based on the famous Black-Scholes model.

In Chapter 5, Introduction to Modules, we will introduce modules formally, and it is the first chapter of a three-chapter block that focuses on modules. A module is a package or a set of programs written by one or a group of experts for a specific purpose. For example, in Chapter 6, Introduction to NumPy and SciPy, we will show that five lines, instead of 13 lines, could be used to price a call option since we could use the cumulative standard normal distribution function contained in the SciPy module.