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POST
Binomial Tree American Option

Authorizations

X-API-Key
string
header
required

API key for authentication. Get your key at https://api.fincept.in/auth/register

Body

application/json
spot
number
required

Current price of the underlying asset

Example:

100

strike
number
required

Strike price of the option

Example:

105

risk_free_rate
number
required

Risk-free interest rate (annualized, decimal format)

Example:

0.05

volatility
number
required

Annualized volatility (decimal format)

Example:

0.25

time_to_maturity
number
required

Time to expiration in years

Example:

1

dividend_yield
number
default:0

Continuous dividend yield (annualized, decimal format)

Example:

0.02

n_steps
integer
default:100

Number of time steps in the binomial tree

Example:

100

option_type
enum<string>
default:call

Type of option

Available options:
call,
put
Example:

"call"

method
enum<string>
default:CRR

Binomial tree method: CRR (Cox-Ross-Rubinstein), JR (Jarrow-Rudd), LR (Leisen-Reimer), TIAN (Tian)

Available options:
CRR,
JR,
LR,
TIAN
Example:

"CRR"

Response

Successful calculation

success
boolean
Example:

true

data
object