Exploring Black-Scholes and Put-Call Parity with Python

[@ccuny1]

Much appreciated Brian. I used to to give examples of early intuitions in finance in my courses. Mostly for forwards and futures, though of course I also used Bachelier for options. I never came across De La Vega. Fascinating stuff and as always, thank you for the Python code.

[@BrianByrneFinance]

Thanks for the kind words! It's great to hear that you're incorporating those early financial intuitions into your courses. Bachelier is a classic for options, but De La Vega adds such an interesting historical layer, especially with his insights on speculative behavior. Glad you found the Python code useful-you might also find this short paper from Herve Dumez a palatable read for finance students annales.org/gc/GC-english-language-online-edition/2015/DUMEZ.pdf . Also another historical account of option trading that makes reference to the Dutch www.sfu.ca/~poitras/heinz_%24%24.pdf Confusions of Confusions can be found here archive.org/details/ned-kbn-all-00002508-001/mode/2up best, Brian