Black-Scholes Options Pricing

Price call and put options using the Black-Scholes model with Greeks.

Black-Scholes Parameters

days
%
% p.a.
Moneyness
ATM
Call Price
₹562.62d1: 0.1218 | d2: 0.0645
Put Price
₹445.4d1: 0.1218 | d2: 0.0645

Option Greeks

GreekCallPut
Delta0.5485-0.4515
Gamma0.0003140.000314
Theta-10.3740-6.4771
Vega24.976024.9760
Rho9.4555-8.5304
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What is Black-Scholes Options Pricing?

Calculate theoretical option price and Greeks (Delta, Gamma, Theta, Vega) using the Black-Scholes model Simply enter your values, and the calculator instantly computes accurate results using standard financial formulas. All calculations are performed entirely in your browser — nothing is stored or transmitted.

Formula Used

C = S×N(d1) − K×e^(−rT)×N(d2) | d1 = [ln(S/K) + (r + σ²/2)T] / (σ√T)

C = Call price | S = Stock price | K = Strike price | r = Risk-free rate | T = Time to expiry | σ = Implied volatility | N() = Cumulative normal distribution

How to Use This Calculator

  1. Enter the current stock or index price
  2. Enter the option strike price
  3. Enter time to expiry in days
  4. Enter implied volatility (IV) percentage
  5. Enter risk-free rate (typically 6.5% for India)
  6. Get theoretical call and put prices with all Greeks

Worked Example

Stock: 22000 | Strike: 22000 | Days: 30 | IV: 15% | Rate: 6.5% → Call: ₹285 | Put: ₹248 | Delta: 0.52 | Theta: -₹12/day

Why Use This Tool?

  • Find overpriced or underpriced options vs market price
  • Calculate all 5 Greeks simultaneously
  • Understand sensitivity of option price to market changes
  • Essential tool for options traders and analysts

Frequently Asked Questions

What is the Black-Scholes model?

Black-Scholes is a mathematical model for pricing European-style options. It takes into account stock price, strike price, time to expiry, risk-free rate, and volatility to calculate the theoretical fair value of an option.

What are Options Greeks?

Greeks measure sensitivity of option price to various factors: Delta (price change sensitivity), Gamma (delta change rate), Theta (time decay per day), Vega (volatility sensitivity), Rho (interest rate sensitivity).

Is Black-Scholes accurate for Indian options?

Black-Scholes works well for index options (Nifty, Bank Nifty) but has limitations for individual stocks. It assumes constant volatility, which is not realistic. Use it as a reference, not as absolute truth.

Explore more options & derivatives calculators or try our other free financial tools.

Disclaimer: Results from this calculator are estimates for educational purposes only. Actual returns may vary due to market conditions and other factors. Please consult a SEBI-registered financial advisor before making investment decisions.

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About Black-Scholes Options Pricing

Calculate theoretical option price and Greeks (Delta, Gamma, Theta, Vega) using the Black-Scholes model

This calculator belongs to the Options & Derivatives category. Explore more options & derivatives calculators.

Related Topics

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