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相关论文: Forecasting Stock Options Prices via the Solution …

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We proposed classification models that utilize the result from the Quasi-Reversibility Method, which solves the Black-Scholes equation to forecast the option prices one day in advance. Combining the minimizer from QRM with our machine…

最优化与控制 · 数学 2025-01-28 Benjamin Jiang , Matthieu Durieux , Kirill V. Golubnichiy

This paper presents a novel way to apply mathematical finance and machine learning (ML) to forecast stock options prices. Following results from the paper Quasi-Reversibility Method and Neural Network Machine Learning to Solution of…

统计金融 · 定量金融 2022-12-13 Zheng Cao , Wenyu Du , Kirill V. Golubnichiy

A new mathematical model for the Black-Scholes equation is proposed to forecast option prices. This model includes new interval for the price of the underlying stock as well as new initial and boundary conditions. Conventional notions of…

数理金融 · 定量金融 2015-03-13 Michael V. Klibanov , Andrey V. Kuzhuget

This paper presents a novel way to predict options price for one day in advance, utilizing the method of Quasi-Reversibility for solving the Black-Scholes equation. The Black-Scholes equation solved forwards in time with Tikhonov…

偏微分方程分析 · 数学 2022-03-21 Mikhail V. Klibanov , Kirill V. Golubnichiy , Andrey V. Nikitin

One of the most discussed problems in the financial world is stock option pricing. The Black-Scholes Equation is a Parabolic Partial Differential Equation which provides an option pricing model. The present work proposes an approach based…

机器学习 · 计算机科学 2024-05-12 Daniel de Souza Santos , Tiago Alessandro Espinola Ferreira

We present a new numerical method to price vanilla options quickly in time-changed Brownian motion models. The method is based on rational function approximations of the Black-Scholes formula. Detailed numerical results are given for a…

计算金融 · 定量金融 2012-04-02 Martijn Pistorius , Johannes Stolte

This paper introduced key aspects of applying Machine Learning (ML) models, improved trading strategies, and the Quasi-Reversibility Method (QRM) to optimize stock option forecasting and trading results. It presented the findings of the…

计算金融 · 定量金融 2022-11-30 Zheng Cao , Raymond Guo , Wenyu Du , Jiayi Gao , Kirill V. Golubnichiy

It was proposed by Klibanov a new empirical mathematical method to work with the Black-Scholes equation. This equation is solved forwards in time to forecast prices of stock options. It was used the regularization method because of…

数值分析 · 数学 2020-11-19 Kirill V. Golubnichiy , Tianyang Wang , Andrey V. Nikitin

Option contracts can be valued by using the Black-Scholes equation, a partial differential equation with initial conditions. An exact solution for European style options is known. The computation time and the error need to be minimized…

计算工程、金融与科学 · 计算机科学 2014-02-12 Aishwarya B U , Mohammed Saaqib A , Rajashree H R , Vigasini B

Option contracts can be valued by using the Black-Scholes equation, a partial differential equation with initial conditions. An exact solution for European style options is known. The computation time and the error need to be minimized…

计算工程、金融与科学 · 计算机科学 2014-04-30 Snehanshu Saha , Swati Routh , Bidisha Goswami

The Black-Scholes Option pricing model (BSOPM) has long been in use for valuation of equity options to find the prices of stocks. In this work, using BSOPM, we have come up with a comparative analytical approach and numerical technique to…

统计金融 · 定量金融 2018-12-31 Reaz Chowdhury , M. R. C. Mahdy , Tanisha Nourin Alam , Golam Dastegir Al Quaderi

Assuming that price of the underlying stock is moving in range bound, the Black-Scholes formula for options pricing supports a separation of variables. The resulting time-independent equation is solved employing different behavior of the…

证券定价 · 定量金融 2013-07-24 Ovidiu Racorean

In the paper written by Klibanov et al, it proposes a novel method to calculate implied volatility of a European stock options as a solution to ill-posed inverse problem for the Black-Scholes equation. In addition, it proposes a trading…

数值分析 · 数学 2025-01-29 Wanchaloem Wunkaew , Yuqing Liu , Kirill V. Golubnichiy

Black-Scholes implied volatility is a quantile. The insight follows from the normalized option price being a probability on the variance scale, with the inverse Gaussian distribution providing the link. It enables analytically exact and…

数理金融 · 定量金融 2026-05-19 Wolfgang Schadner

Drawing insights from the triumph of relativistic over classical mechanics when velocities approach the speed of light, we explore a similar improvement to the seminal Black-Scholes (Black and Scholes (1973)) option pricing formula by…

数理金融 · 定量金融 2017-11-15 Yanlin Qu , Randall R. Rojas

Option pricing formulas are derived from a non-Gaussian model of stock returns. Fluctuations are assumed to evolve according to a nonlinear Fokker-Planck equation which maximizes the Tsallis nonextensive entropy of index $q$. A generalized…

统计力学 · 物理学 2008-12-10 Lisa Borland

Pricing financial derivatives, in particular European-style options at different time-maturities and strikes, means a relevant problem in finance. The dynamics describing the price of vanilla options when constant volatilities and interest…

量子物理 · 物理学 2024-01-22 Javier Gonzalez-Conde , Ángel Rodríguez-Rozas , Enrique Solano , Mikel Sanz

Closed form option pricing formulae explaining skew and smile are obtained within a parsimonious non-Gaussian framework. We extend the non-Gaussian option pricing model of L. Borland (Quantitative Finance, {\bf 2}, 415-431, 2002) to include…

其他凝聚态物理 · 物理学 2009-09-29 L. Borland , J. P. Bouchaud

The QLBS model is a discrete-time option hedging and pricing model that is based on Dynamic Programming (DP) and Reinforcement Learning (RL). It combines the famous Q-Learning method for RL with the Black-Scholes (-Merton) model's idea of…

计算金融 · 定量金融 2018-01-19 Igor Halperin

A classical inventory problem is studied from the perspective of embedded options, reducing inventory-management to the design of optimal contracts for forward delivery of stock (commodity). Financial option techniques \`{a} la…

最优化与控制 · 数学 2019-04-10 Roy O. Davies , A. J. Ostaszewski
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