English

Determining the implied volatility in the Dupire equation for vanilla European call options

Analysis of PDEs 2013-02-05 v2

Abstract

The Black-Scholes model gives vanilla Europen call option prices as a function of the volatility. We prove Lipschitz stability in the inverse problem of determining the implied volatility, which is a function of the underlying asset, from a collection of quoted option prices with different strikes.

Keywords

Cite

@article{arxiv.1301.7569,
  title  = {Determining the implied volatility in the Dupire equation for vanilla European call options},
  author = {Mourad Bellassoued and Raymond Brummelhuis and Michel Cristofol and Eric Soccorsi},
  journal= {arXiv preprint arXiv:1301.7569},
  year   = {2013}
}