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The Derivatives-on-Line Pages

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$\displaystyle S_{k}$	$\displaystyle =$	$\displaystyle S_{0}\exp \left\{ \sigma B_{k}+\left( \mu -\frac{1}{2}\sigma ^{2}\right) k\right\}$ , or
$\displaystyle S_{k}$	$\displaystyle =$	$\displaystyle S_{k-1}\exp \left\{ \sigma Y_{k}+\left( \mu -\frac{1}{2}\sigma ^{2}\right) \right\} ,\forall k=1,\ldots ,n$ .

$\displaystyle X_{k}$	$\displaystyle =$	$\displaystyle H_{k-1}S_{k}+e^{r}\left( X_{k-1}-H_{k-1}S_{k-1}\right)$
	$\displaystyle =$	$\displaystyle H_{k-1}\left( S_{k}-e^{r}S_{k-1}\right) +e^{r}X_{k-1},\forall k=1,\ldots ,n$ .

The Derivatives-on-Line Pages

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The market