Valuation / Pricing Calculator
Binary Options Valuation / Pricing Calculator (Theoretical – Black-Scholes) 2025
Theoretical pricing for exotic binary options! This free tool calculates fair value using the Black-Scholes model for Cash-or-Nothing and Asset-or-Nothing binary options (building blocks for many exotics).
Important: For retail binary options, brokers use fixed payouts. This is for academic/exotic valuation only.
How to use:
- Current asset price (S)
- Strike price (K)
- Time to expiry (T in years)
- Risk-free rate (%)
- Volatility (%)
- Cash payout for Cash-or-Nothing
Results:
- Cash-or-Nothing Call/Put value
- Asset-or-Nothing Call/Put value
Free, no sign-up. Educational tool for 2025.
Theoretical Black-Scholes Values
Tip: Cash-or-Nothing = discounted probability of finishing ITM.
Asset-or-Nothing = asset price * probability of ITM.
Asset-or-Nothing = asset price * probability of ITM.
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