Analysis of Option Pricing with Game Theory

The principle of option pricing is difficult to understand because derivation of the Black-Scholes formula needs the knowledge of complicated partial derivation. To make it simple, trading of options is regarded as a game, and option pricing becomes calculation of the expectation value of a share during the trade. The variation of the price of a share is an infinite random process. Therefore, the expectation value can be obtained through calculation of the distribution function of the random process.