1
$\begingroup$

I am using Mathematica to price options (built in functions, no need to reinvent the wheel, right?). In the documentation, the Binomial method is used as an example of specifying a non-standard method. I wanted to try other methods like Finite Difference and MonteCarlo, however, these do not work when I specify them, and I cannot find a list anywhere of the different methods available. Does anyone have any resources that I can use to better understand what is going on under the hood here?

$\endgroup$

closed as off-topic by Bob Jansen Nov 3 '15 at 17:32

  • This question does not appear to be about quantitative finance within the scope defined in the help center.
If this question can be reworded to fit the rules in the help center, please edit the question.

  • 1
    $\begingroup$ Hi pyrex, welcome to Quant.SE! I see you have also posted this to Mathematica.SE where it fits better in my opinion so I've closed this question. See this question for guidance on cross-posting. $\endgroup$ – Bob Jansen Nov 3 '15 at 17:32
  • 1
    $\begingroup$ I'm voting to close this question as off-topic because cross-posted to Mathematica.SE $\endgroup$ – Bob Jansen Nov 3 '15 at 17:32