Adelaide Business School academics, in conjunction with Barestock, have launched an Option Pricer app on the iTunes store.
The app, which can calculate American and European options, has been developed to teach students how options contracts are valued.
It comes with sliding rulers and display graphs and can calculate implied volatility, if the current market price option is known.
Creator and Business School lecturer, Gary Tan, says it is ‘unabashedly the best options pricing App available on iOS and it is completely free!’
Download the app from the iTunes store.