Seeking Alpha  Chris Conlan's  Instablog  Chris Conlan Send
Message I trade: Mid-term equities, Short term equities options,
Tick by tick Forex arbitrage I am especially knowledgable in:
Clothing/Retail stocks, Options valuation/modeling, The Yen and
its currency pairs   • Black-Scholes: Simplified 0 comments
Sep 1, 2013 5:56 AM      As a self-taught options trader myself,
I always found it frustrating to hear anything along the lines
of "The Black-Scholes options valuation model is based on highly
advanced niche calculus and extremely complex probability
theory, so it is best that you just appreciate and use the
formula as opposed to understand its derivation." I felt that I
could not confidently apply the formula until I understood the
ideas behind it.      After my arduous journey through academia,
I was disappointed to conclude that I did not need to learn the
minutia of the derivation but needed it explained differently.
The goal of this article is to demonstrate the logical
procession of the Black-S