Discussion of the model

• The Black–Scholes Model, global-derivatives.com
• Options pricing using the Black-Scholes Model, Investment Analysts Society of Southern Africa
• Black, Merton, and Scholes: Their work and its consequences, by Ajay Shah
• A Study of Option Pricing Models, Prof. Kevin Rubash
• Black-Scholes in English, risklatte.com
• The Black–Scholes Option Pricing Model, optiontutor
• Inside Wall Street's Black Hole by Michael Lewis, March 2008 Issue of portfolio.com
• Whither Black-Scholes? by Pablo Triana, April 2008 Issue of Forbes.com
• Mispriced risk tests market faith in a prized formula April 2008 Financial Times
• Black–Scholes Model & Binomial Model, OptionTradingpedia.com

Cách thiết lập phương trình và lời giải

• The risk neutrality derivation of the Black-Scholes Equation, quantnotes.com
• Arbitrage-free pricing derivation of the Black-Scholes Equation, quantnotes.com, or an alternative treatment, Prof. Thayer Watkins
• Solving the Black-Scholes Equation, quantnotes.com
• Solution of the Black–Scholes Equation Using the Green's Function, Prof. Dennis Silverman
• Solution via risk neutral pricing or via the PDE approach using Fourier transforms (includes discussion of other option types), Simon Leger
• Step-by-step derivation of delta from the Black-Scholes equation (site also contains step-by-step derivations of some of the other greeks), quantnotes.com
• Step-by-step solution of the Black-Scholes PDE, planetmath.org.

Thử nghiệm mô hình

• Anomalies in option pricing: the Black–Scholes model revisited, New England Economic Review, March-April, 1996
• Why We Have Never Used the Black-Scholes-Merton Option Pricing Formula, Nassim Taleb và Espen Haug
• The illusions of dynamic replication, Emanuel Derman và Nassim Taleb

Mã máy tính

• Sourcecode
  • Black–Scholes in Multiple Languages, espenhaug.com
  • VBA sourcecode for Black Scholes and Greeks, global-derivatives.com
• Excel
  • Option Pricing Spreadsheet with documented VBA, OptionTradingTips.com
  • Excel spreadsheet with VBA sourcecode, quantnotes.com
  • Excel implementation and tutorial, researchkitchen.co.uk
• Real Time
  • Black-Scholes tutorial based on graphic simulations, Jerry Marlow
  • Surface Plots of Black-Scholes Greeks, Chris Murray
  • Real-time calculator of Call and Put Option prices when the underlying follows a Mean-Reverting Geometric Brownian Motion, by Razvan Pascalau, Univ. of Alabama
  • Black & Scholes calculator, with profitability of some operations, epx.com.br

Historical

• The Sveriges Riksbank (Bank of Sweden) Prize in Economic Sciences in Memory of Alfred Nobel for 1997
• Trillion Dollar Bet—Companion Web site to a Nova episode originally broadcast on 8 tháng 2 năm 2000. "The film tells the fascinating story of the invention of the Black-Scholes Formula, a mathematical Holy Grail that forever altered the world of finance and earned its creators the 1997 Nobel Prize in Economics."
• BBC Horizon A TV-programme on the so-called Midas formula and the bankruptcy of Long-Term Capital Management (LTCM)
• BBC Horizon - The Midas Formula (1999). Documentary available at Stage6.