Mastering Financial Markets: The Ultimate Beginner's Course:
From Zero to One in Global Markets and Macro Investing

A new selfpaced online course that explores how financial markets work through stories, examples, charts and infographics, giving you enough context to make sure "it clicks."

Get a 42% off with a special YouTube offer! Use the discount code "YOUTUBE" at the checkout.

Check it out https://courses.perfiliev.com/p/maste...

▪ Follow me on Twitter:   / perfiliev  

▪ Follow me on LinkedIn:   / sergeiperfiliev  

▪ Subscribe to the Channel:    / @perfilievfinancialtraining  


In this video, we are going to derive the BlackScholes formula via a deltahedging argument. We'll construct a portfolio consisting of one option and some underlying shares and try to make the portfolio riskfree by eliminating the option's risk.

In the video, I'm using such concepts as the lognormal random walk, Ito's lemma and stochastic calculus.

If you have any questions or suggestions, feel free to let me know. Thank you for watching!