Research And Optimization Of Black-Scholes Model And Application In Investment

With the developing of the economy, option pricing in capital market is becoming increasingly important, correct pricing of option is a necessary guarantee about the whole market. Black-Scholes Option Pricing Model is one of the most classic models. This paper introduce this model in following aspects:At the beginning of this paper, it introduces some basic theories about option, the character of price of option, and factors which can affect the price of option. Secondly, the paper makes a detailed research regarding the famous Black-Scholes Option Pricing Model, including the presentation of prerequisites and two proof methods of the model. Thirdly, the paper introduces three correction methods in three different ways by other scholars. In addition, the author make a new correction of the model about two perspectives, to pay the dividends and to pay the cost of the deal. Finally, a research of this theory and its corrections will be made in a physical truth of corporate finance.This paper introduces preliminary and related knowledge and prerequisites of Black-Scholes Option Pricing Model designedly, carefully, and systematically, and analyze the data detailedly.