On the Kernel of the Black-Scholes Equation for the Option Price on Future Related to the Black-Scholes Formula

Amnuay Kananthai, Somsak Chanaim, Chongkolnee Rungruang

Abstract

In this paper, we studied the Kernel of of the Black-Scholes Equation for the option price on the future and obtained the new results of the interesting properties. Moreover such Kernel can be related to cover the Black-Scholes Formula. However, we hope that such results of this paper may be useful in the research area of Financial Mathematics.