35.71
0.91
Call option Delta
0.926
Put option Delta
-0.074
Option Gamma
0.0053

Call Option Theta
-0.165
Put Option Theta
-0.111
Call Option Rho
0.112
Put Option Rho
-0.011
Option Vega
0.092

### What is the Black-Scholes Option Pricing Formula?

The Black-Scholes option pricing formula was created by Fischer Black and Myron Scholes, two financial engineers working for the brokerage firm of Salomon Brothers.

The formula is used to calculate the theoretical value of a call or put option. It has been used as a tool in options pricing, which is the practice of determining the price that must be paid for an asset, such as a stock or bond, that is traded on an exchange.

The Black-Scholes option pricing formula gives us theoretical values for European and American options. The formulas are based on European options where we know all strike prices and expiration dates. For American options, we can only estimate strike prices and expiration dates so we need to use Monte Carlo simulation to get the results.

The Black-Scholes formula is a widely used option pricing formula used in finance. However, it is not 100% accurate and cannot provide an accurate estimation of future stock prices.

This formula is widely used in the financial world and provides a good estimate for options with finite lives and no dividends. The Black Scholes equation will give you an expected value for the time to expiration after the current stock price, call or put (depending on whether you are trading a call or put option), strike price, interest rate, dividend yield, risk-free interest rate, gamma (a measure of volatility), vega (a measure of how much an option's price changes with changes in volatility).