From 90e85aa7501d41ef9ef216619a8296acb0ad83dc Mon Sep 17 00:00:00 2001 From: hudde Date: Thu, 1 Feb 2024 16:21:51 +0100 Subject: [PATCH] #10, number 3 --- paper.md | 11 ++++++----- 1 file changed, 6 insertions(+), 5 deletions(-) diff --git a/paper.md b/paper.md index 0b72644..f3e6fc1 100644 --- a/paper.md +++ b/paper.md @@ -19,11 +19,11 @@ affiliations: # Summary -`greeks` is an R package for calculating sensitivities of financial option prices for European, -geometric and arithmetic Asian, and American options, with various -payoff functions in the Black Scholes model, and in more general jump diffusion -models. -It includes a Shiny app to interactively plot the results. + +`greeks` is an R package for calculating sensitivities of financial option +prices for European, geometric and arithmetic Asian, and American options, with +various payoff functions in the Black Scholes model, and in more general +jump diffusion models. Furthermore, methods to compute implied volatilities are provided for a wide range of option types and custom payoff functions. Classical formulas are implemented for European options in the Black Scholes @@ -32,6 +32,7 @@ In the case of Asian options, Malliavin Monte Carlo Greeks are implemented, see [@Hudde:2023]. For American options, the Binomial Tree Method is implemented, as is presented in [@Hull:2022]. +`greeks` includes a Shiny app to interactively plot the results. # Statement of need