[PDF][PDF] A meshless method for numerical solutions of linear and nonlinear time-fractional Black-Scholes models

H Ahmad, MN Khan, I Ahmad, M Omri, MF Alotaibi - AIMS Math, 2023 - researchgate.net
The numerical solution of the time-fractional Black-Scholes model for European and
American options is presented using a local meshless collocation approach based on hybrid …

[HTML][HTML] Analysing time-fractional exotic options via efficient local meshless method

M Inc, MN Khan, I Ahmad, SW Yao, H Ahmad… - Results in Physics, 2020 - Elsevier
In this article, we analyse the numerical simulation of the time-fractional Black-Scholes
model governing butterfly spread option, digital option and double barrier option. For this …

Numerical analysis of time fractional Black–Scholes European option pricing model arising in financial market

A Golbabai, O Nikan, T Nikazad - Computational and Applied …, 2019 - Springer
The price variation of the correlated fractal transmission system is used to deduce the
fractional Black–Scholes model that has an α α-order time fractional derivative. The …

A high accuracy numerical method and its convergence for time-fractional Black-Scholes equation governing European options

P Roul - Applied Numerical Mathematics, 2020 - Elsevier
This paper is concerned with the design of a high order numerical approach based on a
uniform mesh for efficient numerical solution of time-fractional Black-Scholes equation …

Review of the Fractional Black-Scholes Equations and Their Solution Techniques

H Zhang, M Zhang, F Liu, M Shen - Fractal and Fractional, 2024 - mdpi.com
The pioneering work in finance by Black, Scholes and Merton during the 1970s led to the
emergence of the Black-Scholes (BS) equation, which offers a concise and transparent …

A compact finite difference scheme for fractional Black-Scholes option pricing model

P Roul, VMKP Goura - Applied Numerical Mathematics, 2021 - Elsevier
In this paper, we present a numerical technique for solving the time-fractional Black-Scholes
(TFBS) equation describing European options. The time-fractional derivative is described by …

Error and stability estimates of a time-fractional option pricing model under fully spatial–temporal graded meshes

F Soleymani, S Zhu - Journal of Computational and Applied Mathematics, 2023 - Elsevier
To price vanilla European and American options via the fractional Black–Scholes model, first
a (2− α)-order discretization scheme for the Caputo fractional derivative based upon graded …

[HTML][HTML] Numerically pricing double barrier options in a time-fractional Black–Scholes model

RH De Staelen, AS Hendy - Computers & Mathematics with Applications, 2017 - Elsevier
The numerical solution of the time fractional Black–Scholes model (TFBSM) of order 0< α< 1
governing European options is studied. Zhang et al.(2016) derived a numerical scheme of …

A quantitative approach to fractional option pricing problems with decomposition series

M Yavuz, N Özdemir - Konuralp Journal of Mathematics, 2018 - dergipark.org.tr
This study addresses a novel identification of Adomian Decomposition Method (ADM) to
have an accurate and quick solution for the European option pricing problem by using Black …

Computational approach based on wavelets for financial mathematical model governed by distributed order fractional differential equation

Y Kumar, VK Singh - Mathematics and Computers in Simulation, 2021 - Elsevier
In this study, for the first time, the approximate solution of Black–Scholes option pricing
distributed order time-fractional partial differential equation by means of Legendre and …