A model for pricing call options based on arbitrage arguments. Uses the stock price, the exercise price, the risk-free interest rate, the time to expiration, and the expected standard deviation of the stock return . Invented by Fischer Black and Myron Scholes in 1973.
BLACK-SCHOLES OPTION-PRICING MODEL
Meaning of BLACK-SCHOLES OPTION-PRICING MODEL in English
Campbell R. Harvey. Hypertextual finance English glossary. Английский словарь гипертекстовых финансов. 2012