1. Implementing Black Scholes in Providing Easily-Accessed Objective Stock Predictions
Nihaar Sinha

2. Abstract
This project investigates creating an application that downloads
stock information from the Internet and applies to it the famous Black
Scholes algorithm, outputting the result. The Black Scholes algorithm
is used in modeling price variaton over time of securities that are
heavily traded. This application prompts the user for one of several
available heavily traded stocks, pulls that stock's information from the
Internet, and applies the Black Scholes algorithm to it. The goal of
this project is to create an easy to use application that gives the user
not just stock information but to an extent objective stock advice.

3. What is Black-Scholes?
Black-Scholes is a mathematical model of price variation
Heavily traded assets follow geometric Brownian motion
Constant drift and velocity of these assets
One of the most famous financial processes

4. Brownian Motion

5. Similar Research There have been many modifications to Black- Scholes
Preetam D’Souza investigated Geometric Brownian Motion last year
This project is practical, not theoretical

6. Reading in Data Source code is imported from the Internet
Data is parsed for keywords
Last Trade: “</small><big><b><span id="yfs_l10_ibm">
P/E :“</span>:</th><td class="yfnc_tabledata1">

7. Reading in Data (cont.) Parsing data means source must be permanent
Source utilized is Yahoo! Finance
Snapshot of what the Yahoo! Finance interface looks like

8. Multiple Stocks User will be able to pick from selection the stock
User is only prompted for stock symbol
Import URL is thusly customized

9. Class Structure
The Main method prompts for the stock symbol and imports the data
Main method also calls for the Black-Scholes implementation
The Black-Scholes class calculates the price
Black-Scholes class also returns the result
Result is outputted in the Main method

10. Problems Run Into
How exactly to parse through all the data and find the relevant information
How to organize the program to make it less cluttered
How to prompt for user input
How to code the Black-Scholes algorithm

11. Solutions
After inspecting the source, relevant data is always followed by a specific tag
User prompted for information through JDialog boxes
Black-Scholes algorithm to be coded fully in separate parts

12. How has my hypothesis changed?
Focus has shifted from modifying Black-Scholes to applying it in practical use
Concentration on mobile applications has inspired need for concise code and very user-friendly GUI’s
Testing has shown that the best way to import data is through importing the source code and not trying to download files