Option price can be different from its theoretical value. It either indicates how people think about the volatility or you can make money using your own opinion about the volatility. Further, with better understanding of Greek letters, hedging the risk of the portfolio is also very important.

What it does

It calculates the theoretical price of call and put options as well as delta and gamma with given conditions including the stock price, strike price, volatility, time to maturity, risk-free interest rate, and dividend.

How I built it

With Tkinter in Python

Challenges I ran into

Not much

Accomplishments that I'm proud of

Learning more about finance

What I learned

Option price changes most with time when the underlying stock price is close to the strike price. That is an excellent indication that selling call/put with certain striking prices maximizes the profits.

What's next for Option Price and Greek Letters

Implement with algorithm trading strategy and make money.

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