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#19 Improve description of shiny app
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hudde committed Mar 5, 2024
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Expand Up @@ -5,16 +5,15 @@ tags:
- Option Pricing
- Financial Mathematics
- Malliavin Calculus
date: "27 July 2023"
bibliography: paper.bib
affiliations:
- name: University of Applied Sciences Koblenz, Germany
index: 1
authors:
- name: Anselm Hudde
orcid: "0000-0002-5652-2815"
equal-contrib: yes
affiliation: 1
bibliography: paper.bib
affiliations:
- name: University of Applied Sciences Koblenz, Germany
index: 1
---

# Summary
Expand Down Expand Up @@ -94,8 +93,10 @@ The interactive shiny app is started with `greeks::Greeks_UI()`:
\end{center}
This works for European Options, American Options, Geometric Asian Options, as
well as Asian options.
For performance reasons, just the Black-Scholes model is possible, and for
some cases, the set of Greeks is limited.
Due to the computational complexity required by the jump diffusion model, making
it impractical for interactive exploration, the Shiny app only supports the much
quicker-to-compute Black-Scholes model.
For the same reason, the set of Greeks is limited depending on the option type.
On the y-Axis, the option value resp. the value of the greeks are displayed,
for the x-axis, several parameters like `initial_price` or `time_to_maturity`
are possible.
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