<HTML>是随机概率的东西,有现成模型,套用就可以了。但是不太适合所有的期权。TERM越短,流动性越高,这个模型就越准。好象这两个人因此拿了NOBEL奖,我一直对这个MODEL 很感兴趣。建议看一本HULL写的OPTIONS,FUTURES AND OTHER DERIVATIVES。 记不太清了,这是我几年前看的。</HTML>
I'm new in the stock market and believe in the technical analise by methimatical tools. Does the model apply to normal stocks? What's the difference between the stocks and options?
<HTML>This model applies to options only. Options are totally different from stocks, you might want to check my previous post for option introduction, also you can get a lot of option educational stuff at Yahoo! Finance.</HTML>