Generalized Black-Scholes-Merton Option Pricing Formula is an adaptation of the Black-Scholes-Merton Option Pricing Model including Numerical Greeks aka "Option Sensitivities" and implied volatility calculations. The following information is an excerpt from Espen Gaarder Haug's book "Option Pricing Formulas".
Black-Scholes-Merton Option Pricing
The BSM...
The Black Scholes Merton model
If you are new to options I strongly advise you to profit from Robert Shiller's lecture on same . It combines practical market insights with a strong authoritative grasp of key models in option theory. He explains many of the areas covered below and in the following pages with a lot intuition and relatable anecdotage. We start here...
![WMT: Generalized Black-Scholes-Merton Option Pricing Formula [Loxx]](https://s3.tradingview.com/m/mKNkV192_mid.png "Generalized Black-Scholes-Merton Option Pricing Formula [Loxx]")
![SPY: Black Scholes Option Pricing Model w/ Greeks [Loxx]](https://s3.tradingview.com/w/WobQqSxF_mid.png "Black Scholes Option Pricing Model w/ Greeks [Loxx]")