├── demo
├── plotDataDemo.m
└── demo.py
├── requirements.txt
├── README.md
├── parula.py
├── .gitignore
├── volSurfacePlot.py
├── pricing.py
├── UI.py
└── LICENSE
/demo/plotDataDemo.m:
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1 | clear
2 | load('data1.mat')
3 | load('data2.mat')
4 | load('data3.mat')
5 | subplot(1,3,1)
6 | surf(S01, T1.*252, price1)
7 | xlabel('Stock Price')
8 | ylabel('Days till Expiry')
9 | zlabel('Option Price')
10 | shading interp
11 | axis square
12 | subplot(1,3,2)
13 | surf(S02, vol2, price2)
14 | xlabel('Stock Price')
15 | ylabel('IV of ATM call')
16 | zlabel('Option Price')
17 | shading interp
18 | axis square
19 | subplot(1,3,3)
20 | surf(vol3, T3.*252, price3)
21 | xlabel('IV of ATM call')
22 | ylabel('Days till Expiry')
23 | zlabel('Option Price')
24 | shading interp
25 | axis square
26 | sgtitle('Reverse Iron Butterfly Spread')
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/requirements.txt:
--------------------------------------------------------------------------------
1 | appdirs==1.4.4
2 | beautifulsoup4==4.12.2
3 | certifi==2023.7.22
4 | charset-normalizer==3.2.0
5 | contourpy==1.1.0
6 | cycler==0.11.0
7 | exchange-calendars==4.2.8
8 | fonttools==4.41.1
9 | frozendict==2.3.8
10 | html5lib==1.1
11 | idna==3.4
12 | kiwisolver==1.4.4
13 | korean-lunar-calendar==0.3.1
14 | lxml==4.9.3
15 | matplotlib==3.7.2
16 | multitasking==0.0.11
17 | numpy==1.25.1
18 | packaging==23.1
19 | pandas==2.0.3
20 | pandas-market-calendars==4.1.4
21 | Pillow==10.0.0
22 | pyluach==2.2.0
23 | pyparsing==3.0.9
24 | PyQt5==5.15.9
25 | PyQt5-Qt5==5.15.2
26 | PyQt5-sip==12.12.1
27 | python-dateutil==2.8.2
28 | pytz==2023.3
29 | requests==2.31.0
30 | scipy==1.11.1
31 | six==1.16.0
32 | soupsieve==2.4.1
33 | toolz==0.12.0
34 | tzdata==2023.3
35 | urllib3==2.0.4
36 | webencodings==0.5.1
37 | yfinance==0.2.26
38 |
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/README.md:
--------------------------------------------------------------------------------
1 | # optionsVisualizer
2 |
3 | Tool to visualize changes in the Black–Scholes model with respect to other variables. 2D or 3D data output. Can also be used to get current Greeks for a given option. European style options.
4 |
5 |
6 | 
7 |
8 | 
9 |
10 |
11 | ## Installation
12 |
13 | Install the required Python packages:
14 | ```bash
15 | pip install -r requirements.txt
16 |
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/demo/demo.py:
--------------------------------------------------------------------------------
1 | from pricing import option
2 | from scipy import io
3 | import numpy as np
4 |
5 | def sumprice(outs):
6 | for i in range(len(outs)):
7 | outs[i]['price']=np.array(outs[i]['price'])
8 | if i == 0:
9 | price=outs[0]['price']
10 | else:
11 | price+=outs[i]['price']
12 | return price
13 |
14 | pb = option(otype='put', marketPrice=5.78, S0=334.54, K=325, expDay='2020-09-18', q=0.0171)
15 | ps = option(otype='put', marketPrice=8.98, S0=334.54, K=335, expDay='2020-09-18', q=0.0171)
16 | cs = option(otype='call', marketPrice=7.89, S0=334.54, K=335, expDay='2020-09-18', q=0.0171)
17 | cb = option(otype='call', marketPrice=3.14, S0=334.54, K=345, expDay='2020-09-18', q=0.0171)
18 | toSweep = {'S0' : (315, 355, 100), 'T' : (0.01, 0.11, 100)}
19 | toGrab = ('price')
20 | outs = []
21 | outs.append(pb.sweep(toSweep, toGrab))
22 | outs.append(ps.sweep(toSweep, toGrab))
23 | outs.append(cs.sweep(toSweep, toGrab))
24 | outs.append(cb.sweep(toSweep, toGrab))
25 |
26 | price = sumprice(outs)
27 |
28 | io.savemat('data1.mat', {'S01': outs[0]['S0'], 'T1': outs[0]['T'], 'price1': price})
29 |
30 | toSweep = {'S0' : (315, 355, 100), 'vol' : (0.1, 0.3, 100)}
31 | toGrab = ('price')
32 | outs = []
33 | outs.append(pb.sweep(toSweep, toGrab))
34 | outs.append(ps.sweep(toSweep, toGrab))
35 | outs.append(cs.sweep(toSweep, toGrab))
36 | outs.append(cb.sweep(toSweep, toGrab))
37 |
38 | price = sumprice(outs)
39 |
40 | io.savemat('data2.mat', {'S02': outs[0]['S0'], 'vol2': outs[2]['vol'], 'price2': price})
41 |
42 | toSweep = {'vol' : (0.1, 0.3, 100), 'T' : (0.01, 0.11, 100)}
43 | toGrab = ('price')
44 | outs = []
45 | outs.append(pb.sweep(toSweep, toGrab))
46 | outs.append(ps.sweep(toSweep, toGrab))
47 | outs.append(cs.sweep(toSweep, toGrab))
48 | outs.append(cb.sweep(toSweep, toGrab))
49 |
50 | price = sumprice(outs)
51 |
52 | io.savemat('data3.mat', {'vol3': outs[2]['vol'], 'T3': outs[0]['T'], 'price3': price})
53 |
54 |
--------------------------------------------------------------------------------
/parula.py:
--------------------------------------------------------------------------------
1 | # -*- coding: utf-8 -*-
2 | """
3 | Created on Sat Aug 8 23:12:46 2020
4 |
5 | @author: Jimmy
6 | """
7 |
8 | def parula():
9 | return [[0.2081, 0.1663, 0.5292], [0.2116238095, 0.1897809524, 0.5776761905],
10 | [0.212252381, 0.2137714286, 0.6269714286], [0.2081, 0.2386, 0.6770857143],
11 | [0.1959047619, 0.2644571429, 0.7279], [0.1707285714, 0.2919380952,
12 | 0.779247619], [0.1252714286, 0.3242428571, 0.8302714286],
13 | [0.0591333333, 0.3598333333, 0.8683333333], [0.0116952381, 0.3875095238,
14 | 0.8819571429], [0.0059571429, 0.4086142857, 0.8828428571],
15 | [0.0165142857, 0.4266, 0.8786333333], [0.032852381, 0.4430428571,
16 | 0.8719571429], [0.0498142857, 0.4585714286, 0.8640571429],
17 | [0.0629333333, 0.4736904762, 0.8554380952], [0.0722666667, 0.4886666667,
18 | 0.8467], [0.0779428571, 0.5039857143, 0.8383714286],
19 | [0.079347619, 0.5200238095, 0.8311809524], [0.0749428571, 0.5375428571,
20 | 0.8262714286], [0.0640571429, 0.5569857143, 0.8239571429],
21 | [0.0487714286, 0.5772238095, 0.8228285714], [0.0343428571, 0.5965809524,
22 | 0.819852381], [0.0265, 0.6137, 0.8135], [0.0238904762, 0.6286619048,
23 | 0.8037619048], [0.0230904762, 0.6417857143, 0.7912666667],
24 | [0.0227714286, 0.6534857143, 0.7767571429], [0.0266619048, 0.6641952381,
25 | 0.7607190476], [0.0383714286, 0.6742714286, 0.743552381],
26 | [0.0589714286, 0.6837571429, 0.7253857143],
27 | [0.0843, 0.6928333333, 0.7061666667], [0.1132952381, 0.7015, 0.6858571429],
28 | [0.1452714286, 0.7097571429, 0.6646285714], [0.1801333333, 0.7176571429,
29 | 0.6424333333], [0.2178285714, 0.7250428571, 0.6192619048],
30 | [0.2586428571, 0.7317142857, 0.5954285714], [0.3021714286, 0.7376047619,
31 | 0.5711857143], [0.3481666667, 0.7424333333, 0.5472666667],
32 | [0.3952571429, 0.7459, 0.5244428571], [0.4420095238, 0.7480809524,
33 | 0.5033142857], [0.4871238095, 0.7490619048, 0.4839761905],
34 | [0.5300285714, 0.7491142857, 0.4661142857], [0.5708571429, 0.7485190476,
35 | 0.4493904762], [0.609852381, 0.7473142857, 0.4336857143],
36 | [0.6473, 0.7456, 0.4188], [0.6834190476, 0.7434761905, 0.4044333333],
37 | [0.7184095238, 0.7411333333, 0.3904761905],
38 | [0.7524857143, 0.7384, 0.3768142857], [0.7858428571, 0.7355666667,
39 | 0.3632714286], [0.8185047619, 0.7327333333, 0.3497904762],
40 | [0.8506571429, 0.7299, 0.3360285714], [0.8824333333, 0.7274333333, 0.3217],
41 | [0.9139333333, 0.7257857143, 0.3062761905], [0.9449571429, 0.7261142857,
42 | 0.2886428571], [0.9738952381, 0.7313952381, 0.266647619],
43 | [0.9937714286, 0.7454571429, 0.240347619], [0.9990428571, 0.7653142857,
44 | 0.2164142857], [0.9955333333, 0.7860571429, 0.196652381],
45 | [0.988, 0.8066, 0.1793666667], [0.9788571429, 0.8271428571, 0.1633142857],
46 | [0.9697, 0.8481380952, 0.147452381], [0.9625857143, 0.8705142857, 0.1309],
47 | [0.9588714286, 0.8949, 0.1132428571], [0.9598238095, 0.9218333333,
48 | 0.0948380952], [0.9661, 0.9514428571, 0.0755333333],
49 | [0.9763, 0.9831, 0.0538]]
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/.gitignore:
--------------------------------------------------------------------------------
1 | # Byte-compiled / optimized / DLL files
2 | __pycache__/
3 | *.py[cod]
4 | *$py.class
5 |
6 | # C extensions
7 | *.so
8 |
9 | # Distribution / packaging
10 | .Python
11 | build/
12 | develop-eggs/
13 | dist/
14 | downloads/
15 | eggs/
16 | .eggs/
17 | lib/
18 | lib64/
19 | parts/
20 | sdist/
21 | var/
22 | wheels/
23 | share/python-wheels/
24 | *.egg-info/
25 | .installed.cfg
26 | *.egg
27 | MANIFEST
28 |
29 | # PyInstaller
30 | # Usually these files are written by a python script from a template
31 | # before PyInstaller builds the exe, so as to inject date/other infos into it.
32 | *.manifest
33 | *.spec
34 |
35 | # Installer logs
36 | pip-log.txt
37 | pip-delete-this-directory.txt
38 |
39 | # Unit test / coverage reports
40 | htmlcov/
41 | .tox/
42 | .nox/
43 | .coverage
44 | .coverage.*
45 | .cache
46 | nosetests.xml
47 | coverage.xml
48 | *.cover
49 | *.py,cover
50 | .hypothesis/
51 | .pytest_cache/
52 | cover/
53 |
54 | # Translations
55 | *.mo
56 | *.pot
57 |
58 | # Django stuff:
59 | *.log
60 | local_settings.py
61 | db.sqlite3
62 | db.sqlite3-journal
63 |
64 | # Flask stuff:
65 | instance/
66 | .webassets-cache
67 |
68 | # Scrapy stuff:
69 | .scrapy
70 |
71 | # Sphinx documentation
72 | docs/_build/
73 |
74 | # PyBuilder
75 | .pybuilder/
76 | target/
77 |
78 | # Jupyter Notebook
79 | .ipynb_checkpoints
80 |
81 | # IPython
82 | profile_default/
83 | ipython_config.py
84 |
85 | # pyenv
86 | # For a library or package, you might want to ignore these files since the code is
87 | # intended to run in multiple environments; otherwise, check them in:
88 | # .python-version
89 |
90 | # pipenv
91 | # According to pypa/pipenv#598, it is recommended to include Pipfile.lock in version control.
92 | # However, in case of collaboration, if having platform-specific dependencies or dependencies
93 | # having no cross-platform support, pipenv may install dependencies that don't work, or not
94 | # install all needed dependencies.
95 | #Pipfile.lock
96 |
97 | # poetry
98 | # Similar to Pipfile.lock, it is generally recommended to include poetry.lock in version control.
99 | # This is especially recommended for binary packages to ensure reproducibility, and is more
100 | # commonly ignored for libraries.
101 | # https://python-poetry.org/docs/basic-usage/#commit-your-poetrylock-file-to-version-control
102 | #poetry.lock
103 |
104 | # pdm
105 | # Similar to Pipfile.lock, it is generally recommended to include pdm.lock in version control.
106 | #pdm.lock
107 | # pdm stores project-wide configurations in .pdm.toml, but it is recommended to not include it
108 | # in version control.
109 | # https://pdm.fming.dev/#use-with-ide
110 | .pdm.toml
111 |
112 | # PEP 582; used by e.g. github.com/David-OConnor/pyflow and github.com/pdm-project/pdm
113 | __pypackages__/
114 |
115 | # Celery stuff
116 | celerybeat-schedule
117 | celerybeat.pid
118 |
119 | # SageMath parsed files
120 | *.sage.py
121 |
122 | # Environments
123 | .env
124 | .venv
125 | env/
126 | venv/
127 | ENV/
128 | env.bak/
129 | venv.bak/
130 | v/
131 |
132 | # Spyder project settings
133 | .spyderproject
134 | .spyproject
135 |
136 | # Rope project settings
137 | .ropeproject
138 |
139 | # mkdocs documentation
140 | /site
141 |
142 | # mypy
143 | .mypy_cache/
144 | .dmypy.json
145 | dmypy.json
146 |
147 | # Pyre type checker
148 | .pyre/
149 |
150 | # pytype static type analyzer
151 | .pytype/
152 |
153 | # Cython debug symbols
154 | cython_debug/
155 |
156 | # PyCharm
157 | # JetBrains specific template is maintained in a separate JetBrains.gitignore that can
158 | # be found at https://github.com/github/gitignore/blob/main/Global/JetBrains.gitignore
159 | # and can be added to the global gitignore or merged into this file. For a more nuclear
160 | # option (not recommended) you can uncomment the following to ignore the entire idea folder.
161 | #.idea/
162 |
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/volSurfacePlot.py:
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1 | from pandas_datareader.data import Options
2 | from dateutil.parser import parse
3 | from datetime import datetime
4 | from numpy import *
5 | import matplotlib.pyplot as plt
6 | from mpl_toolkits.mplot3d import Axes3D
7 | from matplotlib import cm
8 | from matplotlib.colors import LogNorm
9 | #from implied_vol import BlackScholes
10 | from functools import partial
11 | from scipy import optimize
12 | from scipy import stats
13 | from scipy import interpolate
14 | import numpy as np
15 | from scipy.interpolate import griddata
16 | import yfinance as yf
17 | import pandas as pd
18 | import pandas_market_calendars as mcal
19 | from matplotlib.colors import LinearSegmentedColormap
20 | from parula import parula
21 |
22 |
23 | pd.set_option('display.max_columns', None)
24 | pd.set_option('display.width', 1000)
25 |
26 |
27 | def nan_helper(y):
28 | return np.isnan(y), lambda z: z.nonzero()[0]
29 |
30 | def oprice(otype, S0=None, K=None, vol=None, r=None, T=None, q=0):
31 | d1 = (np.log(S0/K)+(r - q + vol**2/2)*T)/(vol*np.sqrt(T))
32 | d2 = d1-vol*np.sqrt(T)
33 | if otype == 'Call':
34 | return S0*np.exp(-q*T)*stats.norm.cdf(d1)-K*np.exp(-r*T)*stats.norm.cdf(d2)
35 | elif otype == 'Put':
36 | return K*np.exp(-r*T)*stats.norm.cdf(-d2) - S0*np.exp(-q*T)*stats.norm.cdf(-d1)
37 |
38 | def plot3D(X,Y,Z):
39 | fig = plt.figure()
40 | ax = Axes3D(fig, azim = -29, elev = 50)
41 |
42 | ax.plot(X,Y,Z,'o')
43 |
44 | plt.xlabel("expiry")
45 | plt.ylabel("strike")
46 | plt.show()
47 |
48 | def toT(bid, ask, expiry):
49 | daysInYear = 255
50 | nyse = mcal.get_calendar('NYSE')
51 | price = (bid+ask)/2.0
52 | expiry = expiry.to_numpy()
53 | expDay = expiry.astype('datetime64', copy=False)
54 | T = (np.busday_count(np.datetime64('today'), expDay, holidays=nyse.holidays().holidays)+2)/daysInYear
55 | return T
56 |
57 | def get_surf(ticker, otype):
58 | tick = yf.Ticker(ticker)
59 | underlying = (tick.info['bid'] + tick.info['ask'])/2
60 | dates = list(tick.options)
61 | nyse = mcal.get_calendar('NYSE')
62 | for i in dates:
63 | if np.busday_count(np.datetime64('today'), np.datetime64(i), holidays=nyse.holidays().holidays) < 2:
64 | dates.remove(i)
65 |
66 | ran = 0
67 | for d in dates:
68 | if ran == 0:
69 | if otype == 'Put':
70 | q = tick.option_chain(d).puts
71 | elif otype == 'Call':
72 | q = tick.option_chain(d).calls
73 | q.insert(14, 'expiry', [d for i in range(len(q.index))])
74 | q = q[q['volume'] >= 10]
75 | ran = 1
76 | else:
77 | if otype == 'Put':
78 | temp = tick.option_chain(d).puts
79 | elif otype == 'Call':
80 | temp = tick.option_chain(d).calls
81 | temp.insert(14, 'expiry', [d for i in range(len(temp.index))])
82 | temp = temp[temp['volume'] >= 10]
83 | q = q.append(temp)
84 | q['expiry'] = toT(q['bid'], q['ask'], q['expiry'])
85 | q = q[['expiry', 'strike', 'impliedVolatility']]
86 | q = q[q['expiry'] < 0.25]
87 | q = q[(q['strike'].astype('float') > underlying * 0.5) & (q['strike'].astype('float') < underlying * 1.5)]
88 | vals = q.to_numpy().T
89 | vals = vals.astype(np.float64)
90 | fig = plt.figure()
91 | ax = Axes3D(fig, azim = 170, elev = 40)
92 | mesh_plot2(vals[0],vals[1],vals[2], len(set(q['expiry'])),fig, ax, ticker + ' ' + otype + ' Volatility Surface')
93 |
94 | def make_surf(X,Y,Z,nDates):
95 | XX,YY = meshgrid(linspace(min(X),max(X),nDates),linspace(min(Y),max(Y),int(max(Y)-min(Y))))
96 | ZZ = griddata(array([X,Y]).T,array(Z),(XX,YY), method='linear')
97 | nans, x = nan_helper(ZZ)
98 | ZZ[nans] = np.interp(x(nans), x(~nans), ZZ[~nans])
99 | return XX,YY,ZZ
100 |
101 | def mesh_plot2(X,Y,Z,nDates,fig,ax, title):
102 | parula_map = LinearSegmentedColormap.from_list('parula', parula())
103 | XX,YY,ZZ = make_surf(X,Y,Z,nDates)
104 | ax.plot_surface(XX,YY,ZZ, cmap=parula_map)
105 | ax.set_xlabel("Years to Expiry")
106 | ax.set_ylabel("Strike")
107 | ax.set_zlabel("Implied Volatility")
108 | ax.set_title(title)
109 |
110 |
111 | get_surf('SPY', 'Put')
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/pricing.py:
--------------------------------------------------------------------------------
1 | #from marketData import marketData
2 | import pandas_market_calendars as mcal
3 | import numpy as np
4 | from scipy import optimize
5 | from scipy import stats
6 |
7 | class option():
8 | def __init__(self, otype, S0, K, q=0, marketPrice=None, T=None, expDay=None, vol=None, r=0.025, ls='Long'):
9 | self.S0=S0
10 | self.K=K
11 | self.r=r
12 | self.otype=otype.title()
13 | self.daysInYear = 252
14 | self.q=q
15 | self.ls = ls
16 | if T is None and expDay is None:
17 | print('Please enter days to expiry or expiration day')
18 | elif T is None:
19 | self.expDayStr = expDay
20 | expDay = np.datetime64(expDay)
21 | nyse = mcal.get_calendar('NYSE')
22 | self.T= (np.busday_count(np.datetime64('today'), expDay, holidays=nyse.holidays().holidays)+1)/self.daysInYear
23 | else:
24 | self.T=T
25 |
26 | if marketPrice is None and vol is None:
27 | print('Please enter either market price or implied vol of option')
28 | elif marketPrice is None:
29 | self.vol=vol
30 | self.marketPrice=self.price()
31 | elif vol is None:
32 | self.marketPrice=marketPrice
33 | self.vol=self.IV()
34 |
35 | def inpcheck(self, S0=None, K=None, vol=None, r=None, T=None, q=0):
36 | if S0 is None: S0 = self.S0
37 | if K is None: K = self.K
38 | if vol is None: vol = self.vol
39 | if r is None: r = self.r
40 | if T is None: T = self.T
41 | return S0, K, vol, r, T, q
42 |
43 | def d1d2(self, S0=None, K=None, vol=None, r=None, T=None, q=0):
44 | S0, K, vol, r, T, q = self.inpcheck(S0, K, vol, r, T, q)
45 | d1 = (np.log(S0/K)+(r - q + vol**2/2)*T)/(vol*np.sqrt(T))
46 | d2 = d1-vol*np.sqrt(T)
47 | return d1, d2
48 |
49 | def price(self, S0=None, K=None, vol=None, r=None, T=None, q=0):
50 | S0, K, vol, r, T, q = self.inpcheck(S0, K, vol, r, T, q)
51 | d1, d2 = self.d1d2(S0, K, vol, r, T, q)
52 | if self.otype == 'Call':
53 | return S0*np.exp(-q*T)*stats.norm.cdf(d1)-K*np.exp(-r*T)*stats.norm.cdf(d2)
54 | elif self.otype == 'Put':
55 | return K*np.exp(-r*T)*stats.norm.cdf(-d2) - S0*np.exp(-q*T)*stats.norm.cdf(-d1)
56 |
57 | def IV(self):
58 | c = lambda x: (self.price(vol=x)-self.marketPrice)**2
59 | x = 0.2
60 | res = optimize.minimize(c, x)
61 | return res.x[0]
62 |
63 | #variables
64 | #V - option price (referred to as price in code)
65 | #S - underlying stock price (referred to as S0 in code)
66 | #K - strike price
67 | #vol - volatility
68 | #r - risk free rate
69 | #q - annual dividend yield
70 | #T - time to expiration in years
71 |
72 |
73 | def delta(self, S0=None, K=None, vol=None, r=None, T=None, q=0): #dV/dS
74 | S0, K, vol, r, T, q = self.inpcheck(S0, K, vol, r, T, q)
75 | d1, d2 = self.d1d2(S0, K, vol, r, T, q)
76 | if self.otype == 'Call':
77 | return np.exp(-q*T)*stats.norm.cdf(d1)
78 | elif self.otype == 'Put':
79 | return -np.exp(-q*T)*stats.norm.cdf(-d1)
80 |
81 | def vega(self, S0=None, K=None, vol=None, r=None, T=None, q=0): #dV/dvol
82 | S0, K, vol, r, T, q = self.inpcheck(S0, K, vol, r, T, q)
83 | d1, d2 = self.d1d2(S0, K, vol, r, T, q)
84 | return np.exp(-q*T)*S0*np.sqrt(T)*stats.norm.pdf(d1)
85 |
86 | def theta(self, S0=None, K=None, vol=None, r=None, T=None, q=0): #-dV/dT
87 | S0, K, vol, r, T, q = self.inpcheck(S0, K, vol, r, T, q)
88 | d1, d2 = self.d1d2(S0, K, vol, r, T, q)
89 | if self.otype == 'Call':
90 | return -(np.exp(-q*T)*S0*stats.norm.pdf(d1)*vol)/(2*np.sqrt(T)) - r*K*np.exp(-r*T)*stats.norm.cdf(d2) + q*S0*np.exp(-q*T)*stats.norm.cdf(d1)
91 | elif self.otype == 'Put':
92 | return -(np.exp(-q*T)*S0*stats.norm.pdf(-d1)*vol)/(2*np.sqrt(T)) + r*K*np.exp(-r*T)*stats.norm.cdf(-d2) - q*S0*np.exp(-q*T)*stats.norm.cdf(-d1)
93 |
94 | def rho(self, S0=None, K=None, vol=None, r=None, T=None, q=0): #dV.dr
95 | S0, K, vol, r, T, q = self.inpcheck(S0, K, vol, r, T, q)
96 | d1, d2 = self.d1d2(S0, K, vol, r, T, q)
97 | if self.otype == 'Call':
98 | return K*T*np.exp(-r*T)*stats.norm.cdf(d2)
99 | elif self.otype == 'Put':
100 | return -K*T*np.exp(-r*T)*stats.norm.cdf(-d2)
101 |
102 | def omega(self, S0=None, K=None, vol=None, r=None, T=None, q=0): #aka lambda - leverage = dV/dS * S/V
103 | S0, K, vol, r, T, q = self.inpcheck(S0, K, vol, r, T, q)
104 | return self.delta(S0, K, vol, r, T, q) * (S0/self.price(S0, K, vol, r, T, q))
105 |
106 | def gamma(self, S0=None, K=None, vol=None, r=None, T=None, q=0): #d^2V/dS^2
107 | S0, K, vol, r, T, q = self.inpcheck(S0, K, vol, r, T, q)
108 | d1, d2 = self.d1d2(S0, K, vol, r, T, q)
109 | return np.exp(-q*T)*(stats.norm.pdf(d1)/(S0*vol*np.sqrt(T)))
110 |
111 | def vanna(self, S0=None, K=None, vol=None, r=None, T=None, q=0): #d^2V/dSdvol
112 | S0, K, vol, r, T, q = self.inpcheck(S0, K, vol, r, T, q)
113 | d1, d2 = self.d1d2(S0, K, vol, r, T, q)
114 | return -np.exp(-q*T)*stats.norm.pdf(d1)*d2/vol
115 |
116 | def charm(self, S0=None, K=None, vol=None, r=None, T=None, q=0): #-d^2V/dTdS
117 | S0, K, vol, r, T, q = self.inpcheck(S0, K, vol, r, T, q)
118 | d1, d2 = self.d1d2(S0, K, vol, r, T, q)
119 | if self.otype == 'Call':
120 | return q*np.exp(-q*T)*stats.norm.cdf(d1) - np.exp(-q*T)*stats.norm.pdf(d1)*((2*(r-q)*T - d2*vol*np.sqrt(T))/(2*T*vol*np.sqrt(T)))
121 | elif self.otype == 'Put':
122 | return -q*np.exp(-q*T)*stats.norm.cdf(-d1) - np.exp(-q*T)*stats.norm.pdf(d1)*((2*(r-q)*T - d2*vol*np.sqrt(T))/(2*T*vol*np.sqrt(T)))
123 |
124 | def vomma(self, S0=None, K=None, vol=None, r=None, T=None, q=0): #d^2V/dvol^2
125 | S0, K, vol, r, T, q = self.inpcheck(S0, K, vol, r, T, q)
126 | d1, d2 = self.d1d2(S0, K, vol, r, T, q)
127 | return S0*np.exp(-q*T)*stats.norm.pdf(d1)*np.sqrt(T)*((d1*d2)/vol)
128 |
129 | def veta(self, S0=None, K=None, vol=None, r=None, T=None, q=0): #d^2V/dvoldT
130 | S0, K, vol, r, T, q = self.inpcheck(S0, K, vol, r, T, q)
131 | d1, d2 = self.d1d2(S0, K, vol, r, T, q)
132 | return -S0*np.exp(-q*T)*stats.norm.pdf(d1)*np.sqrt(T)*(q+(((r-q)*d1)/(vol*np.sqrt(T)))-(1+d1*d2)/(2*T))
133 |
134 | def speed(self, S0=None, K=None, vol=None, r=None, T=None, q=0): #d^3V/dS^3
135 | S0, K, vol, r, T, q = self.inpcheck(S0, K, vol, r, T, q)
136 | d1, d2 = self.d1d2(S0, K, vol, r, T, q)
137 | return -np.exp(-q*T)*((stats.norm.pdf(d1))/(S0**2*vol*np.sqrt(T)))*(d1/(vol*np.sqrt(T))+1)
138 |
139 | def zomma(self, S0=None, K=None, vol=None, r=None, T=None, q=0): #d^3V/dS^2dvol
140 | S0, K, vol, r, T, q = self.inpcheck(S0, K, vol, r, T, q)
141 | d1, d2 = self.d1d2(S0, K, vol, r, T, q)
142 | return np.exp(-q*T)*((stats.norm.pdf(d1)*(d1*d2-1))/(S0*vol**2*np.sqrt(T)))
143 |
144 | def color(self, S0=None, K=None, vol=None, r=None, T=None, q=0): #d^3V/dS^2dT
145 | S0, K, vol, r, T, q = self.inpcheck(S0, K, vol, r, T, q)
146 | d1, d2 = self.d1d2(S0, K, vol, r, T, q)
147 | return -np.exp(-q*T)*(stats.norm.pdf(d1)/(2*S0*T*vol*np.sqrt(T)))
148 |
149 | def ultima(self, S0=None, K=None, vol=None, r=None, T=None, q=0): #d^3V/dvol^3
150 | S0, K, vol, r, T, q = self.inpcheck(S0, K, vol, r, T, q)
151 | d1, d2 = self.d1d2(S0, K, vol, r, T, q)
152 | return (-self.vega(S0, K, vol, r, T, q)/vol**2)*(d1*d2*(1-d1*d2)+d1**2+d2**2)
153 |
154 | def dualDelta(self, S0=None, K=None, vol=None, r=None, T=None, q=0): #dV/dK
155 | S0, K, vol, r, T, q = self.inpcheck(S0, K, vol, r, T, q)
156 | d1, d2 = self.d1d2(S0, K, vol, r, T, q)
157 | if self.otype == 'Call':
158 | return -np.exp(-r*T)*stats.norm.cdf(d2)
159 | elif self.otype == 'Put':
160 | return -np.exp(-r*T)*stats.norm.cdf(-d2)
161 |
162 | def dualGamma(self, S0=None, K=None, vol=None, r=None, T=None, q=0): #d^2V/dK^2
163 | S0, K, vol, r, T, q = self.inpcheck(S0, K, vol, r, T, q)
164 | d1, d2 = self.d1d2(S0, K, vol, r, T, q)
165 | return np.exp(-r*T)*(stats.norm.pdf(d2)/(K*vol*np.sqrt(T)))
166 |
167 | #toSweep dictionary with variables to sweep as key and value as (min, max, steps)
168 | def sweep(self, toSweep, toGrab):
169 | inps = {'S0':self.S0, 'K':self.K, 'vol':self.vol, 'r':self.r, 'T':self.T, 'q':self.q}
170 | vectors = dict([(k, np.linspace(toSweep[k][0], toSweep[k][1], toSweep[k][2])) for k in toSweep])
171 | scalars = dict([(k, inps[k]) for k in inps if k not in vectors])
172 | if len(toSweep) == 1:
173 | out = np.array(list(vectors.values()))
174 | if len(toSweep) == 2:
175 | out = np.meshgrid(list(vectors.values())[0], list(vectors.values())[1])
176 | if len(toSweep) == 3:
177 | out = np.meshgrid(list(vectors.values())[0], list(vectors.values())[1], list(vectors.values())[2])
178 | grids = dict([(k, out[i]) for i, k in enumerate(vectors)])
179 | combined = {**grids, **scalars}
180 |
181 | data = (combined['S0'], combined['K'], combined['vol'], combined['r'], combined['T'], combined['q'])
182 | out = {}
183 |
184 | if 'price' in toGrab: out['price'] = self.price(*data)
185 | if 'delta' in toGrab: out['delta'] = self.delta(*data)
186 | if 'vega' in toGrab: out['vega'] = self.vega(*data)
187 | if 'theta' in toGrab: out['theta'] = self.theta(*data)
188 | if 'rho' in toGrab: out['rho'] = self.rho(*data)
189 | if 'omega' in toGrab: out['omega'] = self.omega(*data)
190 | if 'gamma' in toGrab: out['gamma'] = self.gamma(*data)
191 | if 'vanna' in toGrab: out['vanna'] = self.vanna(*data)
192 | if 'charm' in toGrab: out['charm'] = self.charm(*data)
193 | if 'vomma' in toGrab: out['vomma'] = self.vomma(*data)
194 | if 'veta' in toGrab: out['veta'] = self.veta(*data)
195 | if 'speed' in toGrab: out['speed'] = self.speed(*data)
196 | if 'zomma' in toGrab: out['zomma'] = self.zomma(*data)
197 | if 'color' in toGrab: out['color'] = self.color(*data)
198 | if 'ultima' in toGrab: out['ultima'] = self.ultima(*data)
199 | if 'dualDelta' in toGrab: out['dualDelta'] = self.dualDelta(*data)
200 | if 'dualGamma' in toGrab: out['dualGamma'] = self.dualGamma(*data)
201 |
202 | return {**combined, **out, **{'ls': self.ls}}
203 |
--------------------------------------------------------------------------------
/UI.py:
--------------------------------------------------------------------------------
1 | from PyQt5.QtCore import QDateTime, Qt, QTimer
2 | from PyQt5.QtWidgets import (QApplication, QCheckBox, QComboBox, QDateTimeEdit,
3 | QDial, QDialog, QGridLayout, QGroupBox, QHBoxLayout, QLabel, QLineEdit,
4 | QProgressBar, QPushButton, QRadioButton, QScrollBar, QSizePolicy,
5 | QSlider, QSpinBox, QStyleFactory, QTableWidget, QTabWidget, QTextEdit,
6 | QVBoxLayout, QWidget, QTableWidgetItem, QMessageBox, QFormLayout, QListWidget)
7 | from PyQt5.QtGui import *
8 |
9 | from parula import parula
10 |
11 | import sys
12 | import time
13 |
14 | import numpy as np
15 |
16 | from matplotlib.backends.qt_compat import QtCore, QtWidgets
17 | from matplotlib.backends.backend_qt5agg import (
18 | FigureCanvas, NavigationToolbar2QT as NavigationToolbar)
19 | from matplotlib.figure import Figure
20 | from matplotlib.colors import LinearSegmentedColormap
21 |
22 | from pricing import option
23 |
24 | class BlackScholesUI(QDialog):
25 | def __init__(self, parent=None):
26 | super(BlackScholesUI, self).__init__(parent)
27 |
28 | self.originalPalette = QApplication.palette()
29 |
30 | self.outputs = ['price', 'delta', 'vega', 'theta', 'rho', 'omega',\
31 | 'gamma', 'vanna', 'charm', 'vomma', 'veta', 'speed', \
32 | 'zomma', 'color', 'ultima', 'dualDelta', 'dualGamma']
33 |
34 | self.optionsList = []
35 |
36 | self.addOptionSelector()
37 | self.addOptionInputs()
38 | self.greeksView()
39 | self.sweepInput()
40 | self.sweepOutput()
41 | self.optionsDisplay()
42 | self.plotWindow()
43 |
44 | leftLayout = QVBoxLayout()
45 | leftLayout.addWidget(self.optionsSelection)
46 | leftLayout.addWidget(self.optionsInput)
47 | leftLayout.addWidget(self.greeksBox)
48 |
49 | rightLayout = QGridLayout()
50 | rightLayout.addLayout(self.inputBox, 0, 0, 1, 4)
51 | rightLayout.addWidget(self.outputSelectList, 1, 0, 5, 4)
52 | MATLABButton = QPushButton("Export to MATLAB")
53 | rightLayout.addWidget(MATLABButton, 6, 0, 1, 2)
54 | plotButton = QPushButton("Plot Sweep Outputs")
55 | rightLayout.addWidget(plotButton, 6, 2, 1, 2)
56 | plotButton.clicked.connect(self.onPlotSweepButtonClicked)
57 |
58 | bottomLayout = QGridLayout()
59 | bottomLayout.addWidget(self.optionsBox, 0, 0, 2, 4)
60 |
61 |
62 | mainLayout = QGridLayout()
63 | mainLayout.addLayout(leftLayout, 0, 0, 3, 4)
64 | mainLayout.addLayout(rightLayout, 0, 9, 3, -1)
65 | mainLayout.addLayout(bottomLayout, 3, 0, -1, 4)
66 | mainLayout.addWidget(self.plotGroupBox, 0, 4, 3, 5)
67 |
68 | mainLayout.setColumnStretch(0, 1)
69 | mainLayout.setColumnStretch(1, 1)
70 | mainLayout.setColumnStretch(2, 1)
71 | mainLayout.setColumnStretch(3, 2)
72 | mainLayout.setColumnStretch(4, 2)
73 | mainLayout.setColumnStretch(5, 2)
74 | mainLayout.setColumnStretch(6, 1)
75 | mainLayout.setColumnStretch(7, 1)
76 | mainLayout.setColumnStretch(8, 1)
77 | self.setLayout(mainLayout)
78 |
79 | self.setFixedSize(1440, 900)
80 |
81 | self.setWindowTitle("Black-Scholes Calculations")
82 | QApplication.setStyle(QStyleFactory.create('Fusion'))
83 |
84 | def addOptionSelector(self):
85 | self.optionsSelection = QGroupBox()
86 | addOptionButton = QPushButton("Add Option")
87 | addOptionButton.clicked.connect(self.onOptionsAddClicked)
88 | self.optionsTypeBox = QComboBox()
89 | self.optionsTypeBox.addItems(['Long Call', 'Long Put', 'Short Call', 'Short Put'])
90 |
91 | layout = QHBoxLayout()
92 | layout.addWidget(addOptionButton)
93 | layout.addWidget(self.optionsTypeBox)
94 | layout.addStretch(1)
95 | self.optionsSelection.setLayout(layout)
96 |
97 | def onOptionsAddClicked(self):
98 | marketPrice = None
99 | vol = None
100 | K = None
101 | expDay = None
102 | S0 = None
103 | q = 0
104 | r = None
105 | try:
106 | K = float(self.kEdit.text())
107 | except ValueError:
108 | msgBox = QMessageBox()
109 | msgBox.setIcon(QMessageBox.Information)
110 | msgBox.setWindowTitle("Error")
111 | msgBox.setText("Please Enter a Strike Price")
112 | msgBox.exec_()
113 | try:
114 | expDay = str(self.TEdit.text())
115 | except ValueError:
116 | msgBox = QMessageBox()
117 | msgBox.setIcon(QMessageBox.Information)
118 | msgBox.setWindowTitle("Error")
119 | msgBox.setText("Please Enter an Expiration")
120 | msgBox.exec_()
121 | try:
122 | S0 = float(self.S0Edit.text())
123 | except ValueError:
124 | msgBox = QMessageBox()
125 | msgBox.setIcon(QMessageBox.Information)
126 | msgBox.setWindowTitle("Error")
127 | msgBox.setText("Please Enter a Stock Price")
128 | msgBox.exec_()
129 | try:
130 | q = float(self.qEdit.text())
131 | except ValueError:
132 | msgBox = QMessageBox()
133 | msgBox.setIcon(QMessageBox.Information)
134 | msgBox.setWindowTitle("Error")
135 | msgBox.setText("Please Enter a Dividend Yield")
136 | msgBox.exec_()
137 | try:
138 | r = float(self.rEdit.text())
139 | except ValueError:
140 | msgBox = QMessageBox()
141 | msgBox.setIcon(QMessageBox.Information)
142 | msgBox.setWindowTitle("Error")
143 | msgBox.setText("Please Enter a Risk Free Rate")
144 | msgBox.exec_()
145 | try:
146 | vol = float(self.volEdit.text())
147 | except ValueError:
148 | try:
149 | marketPrice = float(self.mpEdit.text())
150 | except ValueError:
151 | msgBox = QMessageBox()
152 | msgBox.setIcon(QMessageBox.Information)
153 | msgBox.setWindowTitle("Error")
154 | msgBox.setText("Please Enter a Market Price or Volatility")
155 | msgBox.exec_()
156 |
157 | if 'Long' in self.optionsTypeBox.currentText():
158 | ls = 'Long'
159 | elif 'Short' in self.optionsTypeBox.currentText():
160 | ls = 'Short'
161 | if 'Call' in self.optionsTypeBox.currentText():
162 | otype = 'Call'
163 | elif 'Put' in self.optionsTypeBox.currentText():
164 | otype = 'Put'
165 |
166 | if K and expDay and S0 and (q is not None) and r and (vol or marketPrice):
167 | if marketPrice is None:
168 | opt = option(otype=otype, K=K, expDay=expDay, S0=S0, vol=vol, q=q, r=r, ls=ls)
169 | elif vol is None:
170 | opt = option(otype=otype, K=K, expDay=expDay, S0=S0, marketPrice=marketPrice, q=q, r=r, ls=ls)
171 | self.optionsList.append(opt)
172 | self.updateOptionsDisplay()
173 |
174 |
175 | def updateOptionsDisplay(self):
176 | for i, opt in enumerate(self.optionsList):
177 | self.optionsTable.setItem(i+1, 0, QTableWidgetItem(opt.ls + ' ' + opt.otype))
178 | self.optionsTable.setItem(i+1, 1, QTableWidgetItem(str(opt.K)))
179 | self.optionsTable.setItem(i+1, 2, QTableWidgetItem(opt.expDayStr))
180 | self.optionsTable.setItem(i+1, 3, QTableWidgetItem(str(opt.S0)))
181 |
182 | def addOptionInputs(self):
183 | self.optionsInput = QGroupBox('Option Inputs')
184 |
185 | kLabel = QLabel("&Strike:")
186 | self.kEdit = QLineEdit()
187 | kLabel.setBuddy(self.kEdit)
188 |
189 | TLabel = QLabel("&Expiration Date (YYYY-MM-DD):")
190 | self.TEdit = QLineEdit()
191 | TLabel.setBuddy(self.TEdit)
192 |
193 | S0Label = QLabel("&Underlying Price:")
194 | self.S0Edit = QLineEdit()
195 | S0Label.setBuddy(self.S0Edit)
196 |
197 | volLabel = QLabel("&Volatility:")
198 | self.volEdit = QLineEdit()
199 | volLabel.setBuddy(self.volEdit)
200 |
201 | mpLabel = QLabel("&Option Market Price:")
202 | self.mpEdit = QLineEdit()
203 | mpLabel.setBuddy(self.mpEdit)
204 |
205 | qLabel = QLabel("&Dividend Yield:")
206 | self.qEdit = QLineEdit()
207 | qLabel.setBuddy(self.qEdit)
208 |
209 | rLabel = QLabel("&Risk Free Rate:")
210 | self.rEdit = QLineEdit()
211 | rLabel.setBuddy(self.rEdit)
212 |
213 | layout = QFormLayout()
214 | layout.addRow(kLabel, self.kEdit)
215 | layout.addRow(TLabel, self.TEdit)
216 | layout.addRow(S0Label, self.S0Edit)
217 | layout.addRow(volLabel, self.volEdit)
218 | layout.addRow(mpLabel, self.mpEdit)
219 | layout.addRow(qLabel, self.qEdit)
220 | layout.addRow(rLabel, self.rEdit)
221 |
222 | self.optionsInput.setLayout(layout)
223 |
224 | def greeksView(self):
225 | self.greeksBox = QGroupBox("Option Info")
226 | self.greeksTable = QTableWidget(11, 4)
227 | self.greeksTable.setItem(0, 0, QTableWidgetItem('Market Price'))
228 | self.greeksTable.setItem(1, 0, QTableWidgetItem('Volatility'))
229 | self.greeksTable.setItem(2, 0, QTableWidgetItem('Years To Expiration'))
230 | self.greeksTable.setItem(3, 0, QTableWidgetItem('Dividend Yield'))
231 | self.greeksTable.setItem(4, 0, QTableWidgetItem('Risk Free Rate'))
232 | self.greeksTable.setItem(5, 0, QTableWidgetItem('Delta'))
233 | self.greeksTable.setItem(6, 0, QTableWidgetItem('Vega'))
234 | self.greeksTable.setItem(7, 0, QTableWidgetItem('Theta'))
235 | self.greeksTable.setItem(8, 0, QTableWidgetItem('Rho'))
236 | self.greeksTable.setItem(9, 0, QTableWidgetItem('Omega'))
237 | self.greeksTable.setItem(10, 0, QTableWidgetItem('Gamma'))
238 | self.greeksTable.setItem(0, 2, QTableWidgetItem('Vanna'))
239 | self.greeksTable.setItem(1, 2, QTableWidgetItem('Charm'))
240 | self.greeksTable.setItem(2, 2, QTableWidgetItem('Vomma'))
241 | self.greeksTable.setItem(3, 2, QTableWidgetItem('Veta'))
242 | self.greeksTable.setItem(4, 2, QTableWidgetItem('Speed'))
243 | self.greeksTable.setItem(5, 2, QTableWidgetItem('Zomma'))
244 | self.greeksTable.setItem(6, 2, QTableWidgetItem('Color'))
245 | self.greeksTable.setItem(7, 2, QTableWidgetItem('Ultima'))
246 | self.greeksTable.setItem(8, 2, QTableWidgetItem('Dual Delta'))
247 | self.greeksTable.setItem(9, 2, QTableWidgetItem('Dual Gamma'))
248 |
249 |
250 | layout = QHBoxLayout()
251 | layout.setContentsMargins(5, 5, 5, 5)
252 | layout.addWidget(self.greeksTable)
253 | self.greeksBox.setLayout(layout)
254 |
255 | def plotWindow(self):
256 | self.plotGroupBox = QTabWidget()
257 | self.plotGroupBox.setSizePolicy(QSizePolicy.Preferred,
258 | QSizePolicy.Ignored)
259 |
260 | self.tab1 = FigureCanvas(Figure(figsize=(4, 8)))
261 | self.plot1ax = self.tab1.figure.add_subplot(111)
262 |
263 | self.tab2 = FigureCanvas(Figure(figsize=(4, 8)))
264 | self.plot2ax = self.tab2.figure.add_subplot(111)
265 |
266 |
267 | self.plotGroupBox.addTab(self.tab1, "&Time Evolution of Value")
268 | self.plotGroupBox.addTab(self.tab2, "&Sweep Results")
269 | #self.plotGroupBox.addTab(tab3, "&Profit Calculator")
270 | #self.plotGroupBox.addTab(tab4, "&Delta Hedging")
271 |
272 | def optionsDisplay(self):
273 | self.optionsBox = QGroupBox("Options")
274 | self.optionsTable = QTableWidget(10, 4)
275 | self.optionsTable.setItem(0, 0, QTableWidgetItem('Option Type'))
276 | self.optionsTable.setItem(0, 1, QTableWidgetItem('Strike'))
277 | self.optionsTable.setItem(0, 2, QTableWidgetItem('Expiration'))
278 | self.optionsTable.setItem(0, 3, QTableWidgetItem('Underlying Price'))
279 | self.optionsTable.setSelectionMode(2)
280 | self.optionsTable.cellClicked.connect(self.onOptionTableClicked)
281 |
282 | layout = QHBoxLayout()
283 | layout.setContentsMargins(1, 1, 1, 1)
284 | layout.addWidget(self.optionsTable)
285 | self.optionsBox.setLayout(layout)
286 |
287 | def onOptionTableClicked(self, row, column):
288 | self.selected = self.optionsTable.selectedItems()
289 | fulltime = []
290 | halftime = []
291 | expiry = []
292 | usedRows = []
293 | for item in self.selected:
294 | if item.row() != 0 and item.row()<=len(self.optionsList) and item.row() not in usedRows:
295 | usedRows.append(item.row())
296 | opt = self.optionsList[item.row()-1]
297 | self.greeksTable.setItem(0, 1, QTableWidgetItem(str(opt.marketPrice)))
298 | self.greeksTable.setItem(1, 1, QTableWidgetItem(str(opt.vol)))
299 | self.greeksTable.setItem(2, 1, QTableWidgetItem(str(opt.T)))
300 | self.greeksTable.setItem(3, 1, QTableWidgetItem(str(opt.q)))
301 | self.greeksTable.setItem(4, 1, QTableWidgetItem(str(opt.r)))
302 | self.greeksTable.setItem(5, 1, QTableWidgetItem(str(opt.delta(S0=opt.S0, K=opt.K, vol=opt.vol, r=opt.r, T=opt.T, q=opt.q))))
303 | self.greeksTable.setItem(6, 1, QTableWidgetItem(str(opt.vega(S0=opt.S0, K=opt.K, vol=opt.vol, r=opt.r, T=opt.T, q=opt.q))))
304 | self.greeksTable.setItem(7, 1, QTableWidgetItem(str(opt.theta(S0=opt.S0, K=opt.K, vol=opt.vol, r=opt.r, T=opt.T, q=opt.q))))
305 | self.greeksTable.setItem(8, 1, QTableWidgetItem(str(opt.rho(S0=opt.S0, K=opt.K, vol=opt.vol, r=opt.r, T=opt.T, q=opt.q))))
306 | self.greeksTable.setItem(9, 1, QTableWidgetItem(str(opt.omega(S0=opt.S0, K=opt.K, vol=opt.vol, r=opt.r, T=opt.T, q=opt.q))))
307 | self.greeksTable.setItem(10, 1, QTableWidgetItem(str(opt.gamma(S0=opt.S0, K=opt.K, vol=opt.vol, r=opt.r, T=opt.T, q=opt.q))))
308 | self.greeksTable.setItem(0, 3, QTableWidgetItem(str(opt.vanna(S0=opt.S0, K=opt.K, vol=opt.vol, r=opt.r, T=opt.T, q=opt.q))))
309 | self.greeksTable.setItem(1, 3, QTableWidgetItem(str(opt.charm(S0=opt.S0, K=opt.K, vol=opt.vol, r=opt.r, T=opt.T, q=opt.q))))
310 | self.greeksTable.setItem(2, 3, QTableWidgetItem(str(opt.vomma(S0=opt.S0, K=opt.K, vol=opt.vol, r=opt.r, T=opt.T, q=opt.q))))
311 | self.greeksTable.setItem(3, 3, QTableWidgetItem(str(opt.veta(S0=opt.S0, K=opt.K, vol=opt.vol, r=opt.r, T=opt.T, q=opt.q))))
312 | self.greeksTable.setItem(4, 3, QTableWidgetItem(str(opt.speed(S0=opt.S0, K=opt.K, vol=opt.vol, r=opt.r, T=opt.T, q=opt.q))))
313 | self.greeksTable.setItem(5, 3, QTableWidgetItem(str(opt.zomma(S0=opt.S0, K=opt.K, vol=opt.vol, r=opt.r, T=opt.T, q=opt.q))))
314 | self.greeksTable.setItem(6, 3, QTableWidgetItem(str(opt.color(S0=opt.S0, K=opt.K, vol=opt.vol, r=opt.r, T=opt.T, q=opt.q))))
315 | self.greeksTable.setItem(7, 3, QTableWidgetItem(str(opt.ultima(S0=opt.S0, K=opt.K, vol=opt.vol, r=opt.r, T=opt.T, q=opt.q))))
316 | self.greeksTable.setItem(8, 3, QTableWidgetItem(str(opt.dualDelta(S0=opt.S0, K=opt.K, vol=opt.vol, r=opt.r, T=opt.T, q=opt.q))))
317 | self.greeksTable.setItem(9, 3, QTableWidgetItem(str(opt.dualGamma(S0=opt.S0, K=opt.K, vol=opt.vol, r=opt.r, T=opt.T, q=opt.q))))
318 |
319 | self.plot1ax.clear()
320 | toSweep = {'S0' : (opt.S0*0.8, opt.S0*1.2, 50)}
321 | toGrab = ('price')
322 | fulltime.append(opt.sweep(toSweep, toGrab))
323 | self.plot1ax.plot(fulltime[0]['S0'], self.sumprice(fulltime), label='Now')
324 | saveT = opt.T
325 | opt.T /= 2
326 | halftime.append(opt.sweep(toSweep, toGrab))
327 | self.plot1ax.plot(halftime[0]['S0'], self.sumprice(halftime), label='Half Time')
328 | opt.T = 1e-6
329 | expiry.append(opt.sweep(toSweep, toGrab))
330 | opt.T = saveT
331 | self.plot1ax.plot(expiry[0]['S0'], self.sumprice(expiry), label='Expiration')
332 | self.plot1ax.set_xlabel('Stock Price')
333 | self.plot1ax.set_ylabel('Option Price')
334 | self.plot1ax.legend()
335 | self.tab1.draw()
336 |
337 | def sumprice(self, outs):
338 | for i in range(len(outs)):
339 | outs[i]['price']=np.array(outs[i]['price'])
340 | if i == 0:
341 | if outs[0]['ls'] == 'Long':
342 | price=outs[0]['price']
343 | elif outs[0]['ls'] == 'Short':
344 | price= -outs[0]['price']
345 | else:
346 | if outs[i]['ls'] == 'Long':
347 | price+=outs[i]['price']
348 | elif outs[i]['ls'] == 'Short':
349 | price-=outs[i]['price']
350 | return price
351 |
352 | def sweepInput(self):
353 | self.sweepBox = QGroupBox("Sweep Variables")
354 |
355 | toSweepLabel = QLabel("Inputs to Sweep")
356 | minLabel = QLabel("Min")
357 | maxLabel = QLabel("Max")
358 | stepsLabel = QLabel("Steps")
359 | inputs = ['None', 'Stock Price', 'Years to Expiration', 'Volatility', 'Dividend Yield', 'Risk Free Rate']
360 | self.inputSelect1 = QComboBox()
361 | self.inputSelect1.addItems(inputs)
362 | self.inputSelect2 = QComboBox()
363 | self.inputSelect2.addItems(inputs)
364 | self.min1 = QLineEdit()
365 | self.min2 = QLineEdit()
366 | self.max1 = QLineEdit()
367 | self.max2 = QLineEdit()
368 | self.steps1 = QLineEdit()
369 | self.steps2 = QLineEdit()
370 |
371 | self.inputBox = QGridLayout()
372 | self.inputBox.addWidget(toSweepLabel, 0, 0, 1, 1)
373 | self.inputBox.addWidget(minLabel, 0, 1, 1, 2)
374 | self.inputBox.addWidget(maxLabel, 0, 2, 1, 3)
375 | self.inputBox.addWidget(stepsLabel, 0, 3, 1, 4)
376 | self.inputBox.addWidget(self.inputSelect1, 1, 0, 2, 1)
377 | self.inputBox.addWidget(self.inputSelect2, 2, 0, 3, 1)
378 | self.inputBox.addWidget(self.min1, 1, 1, 2, 2)
379 | self.inputBox.addWidget(self.min2, 2, 1, 3, 2)
380 | self.inputBox.addWidget(self.max1, 1, 2, 2, 3)
381 | self.inputBox.addWidget(self.max2, 2, 2, 3, 3)
382 | self.inputBox.addWidget(self.steps1, 1, 3, 2, 4)
383 | self.inputBox.addWidget(self.steps2, 2, 3, 3, 4)
384 |
385 | def sweepOutput(self):
386 | self.outputSelectList = QListWidget()
387 |
388 | for i, out in enumerate(self.outputs):
389 | self.outputSelectList.insertItem(i, out)
390 |
391 | self.outputSelectList.setSelectionMode(1)
392 |
393 | def onPlotSweepButtonClicked(self):
394 | toSweep = {}
395 | if len(self.outputSelectList.selectedItems()) < 1:
396 | msgBox = QMessageBox()
397 | msgBox.setIcon(QMessageBox.Information)
398 | msgBox.setWindowTitle("Error")
399 | msgBox.setText("Select At Least One Output")
400 | msgBox.exec_()
401 | return
402 | toGrab = self.outputSelectList.selectedItems()
403 | toGrab = [str(g.text()) for g in toGrab]
404 | if str(self.inputSelect1.currentText()) == 'Stock Price': is1 = 'S0'
405 | if str(self.inputSelect1.currentText()) =='Years to Expiration': is1 = 'T'
406 | if str(self.inputSelect1.currentText()) =='Volatility': is1 = 'vol'
407 | if str(self.inputSelect1.currentText()) =='Dividend Yield': is1 = 'q'
408 | if str(self.inputSelect1.currentText()) =='Risk Free Rate': is1 = 'r'
409 | if str(self.inputSelect2.currentText()) == 'Stock Price': is2 = 'S0'
410 | if str(self.inputSelect2.currentText()) =='Years to Expiration': is2 = 'T'
411 | if str(self.inputSelect2.currentText()) =='Volatility': is2 = 'vol'
412 | if str(self.inputSelect2.currentText()) =='Dividend Yield': is2 = 'q'
413 | if str(self.inputSelect2.currentText()) =='Risk Free Rate': is2 = 'r'
414 | if str(self.inputSelect1.currentText()) != 'None' and bool(self.min1.text()) and bool(self.max1.text()) and bool(self.steps1.text()):
415 | min1 = float(self.min1.text())
416 | max1 = float(self.max1.text())
417 | steps1 = int(self.steps1.text())
418 | toSweep[is1] = (min1, max1, steps1)
419 | if str(self.inputSelect2.currentText()) != 'None' and bool(self.min2.text()) and bool(self.max2.text()) and bool(self.steps2.text()):
420 | min2 = float(self.min2.text())
421 | max2 = float(self.max2.text())
422 | steps2 = int(self.steps2.text())
423 | toSweep[is2] = (min2, max2, steps2)
424 | if len(toSweep) == 0:
425 | msgBox = QMessageBox()
426 | msgBox.setIcon(QMessageBox.Information)
427 | msgBox.setWindowTitle("Error")
428 | msgBox.setText("Select At Least One Input")
429 | msgBox.exec_()
430 | return
431 | if len(self.selected) > 1 and toGrab[0] != 'price' or len(self.selected) > 1 and len(toGrab) > 1:
432 | msgBox = QMessageBox()
433 | msgBox.setIcon(QMessageBox.Information)
434 | msgBox.setWindowTitle("Error")
435 | msgBox.setText("Output Must be Only Price if More than One Option Selected")
436 | msgBox.exec_()
437 | return
438 |
439 | if len(toSweep) == 1:
440 | out = []
441 | usedRows = []
442 | self.tab2.figure.clf()
443 | self.plot2ax = self.tab2.figure.add_subplot(111)
444 | if len(self.selected) > 1:
445 | for item in self.selected:
446 | if item.row() != 0 and item.row()<=len(self.optionsList) and item.row() not in usedRows:
447 | opt = self.optionsList[item.row()-1]
448 | usedRows.append(item.row())
449 | out.append(opt.sweep(toSweep, toGrab))
450 | self.plot2ax.clear()
451 | self.plot2ax.plot(out[0][is1], self.sumprice(out))
452 | self.plot2ax.set_xlabel(str(self.inputSelect1.currentText()))
453 | self.plot2ax.set_ylabel(str(toGrab[0]))
454 | self.tab2.draw()
455 | else:
456 | for item in self.selected:
457 | if item.row() != 0 and item.row()<=len(self.optionsList):
458 | opt = self.optionsList[item.row()-1]
459 | out = opt.sweep(toSweep, toGrab)
460 | self.plot2ax.clear()
461 | self.plot2ax.plot(out[is1], out[toGrab[0]])
462 | self.plot2ax.set_xlabel(str(self.inputSelect1.currentText()))
463 | self.plot2ax.set_ylabel(str(toGrab[0]))
464 | self.tab2.draw()
465 | elif len(toSweep) == 2:
466 | parula_map = LinearSegmentedColormap.from_list('parula', parula())
467 | out = []
468 | usedRows = []
469 | self.tab2.figure.clf()
470 | self.plot2ax = self.tab2.figure.add_subplot(111, projection='3d')
471 | if len(self.selected) > 1:
472 | for item in self.selected:
473 | if item.row() != 0 and item.row()<=len(self.optionsList) and item.row() not in usedRows:
474 | opt = self.optionsList[item.row()-1]
475 | usedRows.append(item.row())
476 | out.append(opt.sweep(toSweep, toGrab))
477 | self.plot2ax.clear()
478 | self.plot2ax.plot_surface(out[0][is1], out[0][is2], self.sumprice(out), cmap=parula_map)
479 | self.plot2ax.set_xlabel(str(self.inputSelect1.currentText()))
480 | self.plot2ax.set_ylabel(str(self.inputSelect2.currentText()))
481 | self.plot2ax.set_zlabel(str(toGrab[0]))
482 | self.tab2.draw()
483 | else:
484 | for item in self.selected:
485 | if item.row() != 0 and item.row()<=len(self.optionsList):
486 | opt = self.optionsList[item.row()-1]
487 | out = opt.sweep(toSweep, toGrab)
488 | self.plot2ax.clear()
489 | self.plot2ax.plot_surface(out[is1], out[is2], out[toGrab[0]], cmap=parula_map)
490 | self.plot2ax.set_xlabel(str(self.inputSelect1.currentText()))
491 | self.plot2ax.set_ylabel(str(self.inputSelect2.currentText()))
492 | self.plot2ax.set_zlabel(str(toGrab[0]))
493 | self.tab2.draw()
494 |
495 |
496 |
497 | if __name__ == '__main__':
498 |
499 | import sys
500 |
501 | app = QApplication(sys.argv)
502 | gallery = BlackScholesUI()
503 | gallery.show()
504 | sys.exit(app.exec_())
--------------------------------------------------------------------------------
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290 | Source of the work are being offered to the general public at no
291 | charge under subsection 6d.
292 |
293 | A separable portion of the object code, whose source code is excluded
294 | from the Corresponding Source as a System Library, need not be
295 | included in conveying the object code work.
296 |
297 | A "User Product" is either (1) a "consumer product", which means any
298 | tangible personal property which is normally used for personal, family,
299 | or household purposes, or (2) anything designed or sold for incorporation
300 | into a dwelling. In determining whether a product is a consumer product,
301 | doubtful cases shall be resolved in favor of coverage. For a particular
302 | product received by a particular user, "normally used" refers to a
303 | typical or common use of that class of product, regardless of the status
304 | of the particular user or of the way in which the particular user
305 | actually uses, or expects or is expected to use, the product. A product
306 | is a consumer product regardless of whether the product has substantial
307 | commercial, industrial or non-consumer uses, unless such uses represent
308 | the only significant mode of use of the product.
309 |
310 | "Installation Information" for a User Product means any methods,
311 | procedures, authorization keys, or other information required to install
312 | and execute modified versions of a covered work in that User Product from
313 | a modified version of its Corresponding Source. The information must
314 | suffice to ensure that the continued functioning of the modified object
315 | code is in no case prevented or interfered with solely because
316 | modification has been made.
317 |
318 | If you convey an object code work under this section in, or with, or
319 | specifically for use in, a User Product, and the conveying occurs as
320 | part of a transaction in which the right of possession and use of the
321 | User Product is transferred to the recipient in perpetuity or for a
322 | fixed term (regardless of how the transaction is characterized), the
323 | Corresponding Source conveyed under this section must be accompanied
324 | by the Installation Information. But this requirement does not apply
325 | if neither you nor any third party retains the ability to install
326 | modified object code on the User Product (for example, the work has
327 | been installed in ROM).
328 |
329 | The requirement to provide Installation Information does not include a
330 | requirement to continue to provide support service, warranty, or updates
331 | for a work that has been modified or installed by the recipient, or for
332 | the User Product in which it has been modified or installed. Access to a
333 | network may be denied when the modification itself materially and
334 | adversely affects the operation of the network or violates the rules and
335 | protocols for communication across the network.
336 |
337 | Corresponding Source conveyed, and Installation Information provided,
338 | in accord with this section must be in a format that is publicly
339 | documented (and with an implementation available to the public in
340 | source code form), and must require no special password or key for
341 | unpacking, reading or copying.
342 |
343 | 7. Additional Terms.
344 |
345 | "Additional permissions" are terms that supplement the terms of this
346 | License by making exceptions from one or more of its conditions.
347 | Additional permissions that are applicable to the entire Program shall
348 | be treated as though they were included in this License, to the extent
349 | that they are valid under applicable law. If additional permissions
350 | apply only to part of the Program, that part may be used separately
351 | under those permissions, but the entire Program remains governed by
352 | this License without regard to the additional permissions.
353 |
354 | When you convey a copy of a covered work, you may at your option
355 | remove any additional permissions from that copy, or from any part of
356 | it. (Additional permissions may be written to require their own
357 | removal in certain cases when you modify the work.) You may place
358 | additional permissions on material, added by you to a covered work,
359 | for which you have or can give appropriate copyright permission.
360 |
361 | Notwithstanding any other provision of this License, for material you
362 | add to a covered work, you may (if authorized by the copyright holders of
363 | that material) supplement the terms of this License with terms:
364 |
365 | a) Disclaiming warranty or limiting liability differently from the
366 | terms of sections 15 and 16 of this License; or
367 |
368 | b) Requiring preservation of specified reasonable legal notices or
369 | author attributions in that material or in the Appropriate Legal
370 | Notices displayed by works containing it; or
371 |
372 | c) Prohibiting misrepresentation of the origin of that material, or
373 | requiring that modified versions of such material be marked in
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375 |
376 | d) Limiting the use for publicity purposes of names of licensors or
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378 |
379 | e) Declining to grant rights under trademark law for use of some
380 | trade names, trademarks, or service marks; or
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382 | f) Requiring indemnification of licensors and authors of that
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384 | it) with contractual assumptions of liability to the recipient, for
385 | any liability that these contractual assumptions directly impose on
386 | those licensors and authors.
387 |
388 | All other non-permissive additional terms are considered "further
389 | restrictions" within the meaning of section 10. If the Program as you
390 | received it, or any part of it, contains a notice stating that it is
391 | governed by this License along with a term that is a further
392 | restriction, you may remove that term. If a license document contains
393 | a further restriction but permits relicensing or conveying under this
394 | License, you may add to a covered work material governed by the terms
395 | of that license document, provided that the further restriction does
396 | not survive such relicensing or conveying.
397 |
398 | If you add terms to a covered work in accord with this section, you
399 | must place, in the relevant source files, a statement of the
400 | additional terms that apply to those files, or a notice indicating
401 | where to find the applicable terms.
402 |
403 | Additional terms, permissive or non-permissive, may be stated in the
404 | form of a separately written license, or stated as exceptions;
405 | the above requirements apply either way.
406 |
407 | 8. Termination.
408 |
409 | You may not propagate or modify a covered work except as expressly
410 | provided under this License. Any attempt otherwise to propagate or
411 | modify it is void, and will automatically terminate your rights under
412 | this License (including any patent licenses granted under the third
413 | paragraph of section 11).
414 |
415 | However, if you cease all violation of this License, then your
416 | license from a particular copyright holder is reinstated (a)
417 | provisionally, unless and until the copyright holder explicitly and
418 | finally terminates your license, and (b) permanently, if the copyright
419 | holder fails to notify you of the violation by some reasonable means
420 | prior to 60 days after the cessation.
421 |
422 | Moreover, your license from a particular copyright holder is
423 | reinstated permanently if the copyright holder notifies you of the
424 | violation by some reasonable means, this is the first time you have
425 | received notice of violation of this License (for any work) from that
426 | copyright holder, and you cure the violation prior to 30 days after
427 | your receipt of the notice.
428 |
429 | Termination of your rights under this section does not terminate the
430 | licenses of parties who have received copies or rights from you under
431 | this License. If your rights have been terminated and not permanently
432 | reinstated, you do not qualify to receive new licenses for the same
433 | material under section 10.
434 |
435 | 9. Acceptance Not Required for Having Copies.
436 |
437 | You are not required to accept this License in order to receive or
438 | run a copy of the Program. Ancillary propagation of a covered work
439 | occurring solely as a consequence of using peer-to-peer transmission
440 | to receive a copy likewise does not require acceptance. However,
441 | nothing other than this License grants you permission to propagate or
442 | modify any covered work. These actions infringe copyright if you do
443 | not accept this License. Therefore, by modifying or propagating a
444 | covered work, you indicate your acceptance of this License to do so.
445 |
446 | 10. Automatic Licensing of Downstream Recipients.
447 |
448 | Each time you convey a covered work, the recipient automatically
449 | receives a license from the original licensors, to run, modify and
450 | propagate that work, subject to this License. You are not responsible
451 | for enforcing compliance by third parties with this License.
452 |
453 | An "entity transaction" is a transaction transferring control of an
454 | organization, or substantially all assets of one, or subdividing an
455 | organization, or merging organizations. If propagation of a covered
456 | work results from an entity transaction, each party to that
457 | transaction who receives a copy of the work also receives whatever
458 | licenses to the work the party's predecessor in interest had or could
459 | give under the previous paragraph, plus a right to possession of the
460 | Corresponding Source of the work from the predecessor in interest, if
461 | the predecessor has it or can get it with reasonable efforts.
462 |
463 | You may not impose any further restrictions on the exercise of the
464 | rights granted or affirmed under this License. For example, you may
465 | not impose a license fee, royalty, or other charge for exercise of
466 | rights granted under this License, and you may not initiate litigation
467 | (including a cross-claim or counterclaim in a lawsuit) alleging that
468 | any patent claim is infringed by making, using, selling, offering for
469 | sale, or importing the Program or any portion of it.
470 |
471 | 11. Patents.
472 |
473 | A "contributor" is a copyright holder who authorizes use under this
474 | License of the Program or a work on which the Program is based. The
475 | work thus licensed is called the contributor's "contributor version".
476 |
477 | A contributor's "essential patent claims" are all patent claims
478 | owned or controlled by the contributor, whether already acquired or
479 | hereafter acquired, that would be infringed by some manner, permitted
480 | by this License, of making, using, or selling its contributor version,
481 | but do not include claims that would be infringed only as a
482 | consequence of further modification of the contributor version. For
483 | purposes of this definition, "control" includes the right to grant
484 | patent sublicenses in a manner consistent with the requirements of
485 | this License.
486 |
487 | Each contributor grants you a non-exclusive, worldwide, royalty-free
488 | patent license under the contributor's essential patent claims, to
489 | make, use, sell, offer for sale, import and otherwise run, modify and
490 | propagate the contents of its contributor version.
491 |
492 | In the following three paragraphs, a "patent license" is any express
493 | agreement or commitment, however denominated, not to enforce a patent
494 | (such as an express permission to practice a patent or covenant not to
495 | sue for patent infringement). To "grant" such a patent license to a
496 | party means to make such an agreement or commitment not to enforce a
497 | patent against the party.
498 |
499 | If you convey a covered work, knowingly relying on a patent license,
500 | and the Corresponding Source of the work is not available for anyone
501 | to copy, free of charge and under the terms of this License, through a
502 | publicly available network server or other readily accessible means,
503 | then you must either (1) cause the Corresponding Source to be so
504 | available, or (2) arrange to deprive yourself of the benefit of the
505 | patent license for this particular work, or (3) arrange, in a manner
506 | consistent with the requirements of this License, to extend the patent
507 | license to downstream recipients. "Knowingly relying" means you have
508 | actual knowledge that, but for the patent license, your conveying the
509 | covered work in a country, or your recipient's use of the covered work
510 | in a country, would infringe one or more identifiable patents in that
511 | country that you have reason to believe are valid.
512 |
513 | If, pursuant to or in connection with a single transaction or
514 | arrangement, you convey, or propagate by procuring conveyance of, a
515 | covered work, and grant a patent license to some of the parties
516 | receiving the covered work authorizing them to use, propagate, modify
517 | or convey a specific copy of the covered work, then the patent license
518 | you grant is automatically extended to all recipients of the covered
519 | work and works based on it.
520 |
521 | A patent license is "discriminatory" if it does not include within
522 | the scope of its coverage, prohibits the exercise of, or is
523 | conditioned on the non-exercise of one or more of the rights that are
524 | specifically granted under this License. You may not convey a covered
525 | work if you are a party to an arrangement with a third party that is
526 | in the business of distributing software, under which you make payment
527 | to the third party based on the extent of your activity of conveying
528 | the work, and under which the third party grants, to any of the
529 | parties who would receive the covered work from you, a discriminatory
530 | patent license (a) in connection with copies of the covered work
531 | conveyed by you (or copies made from those copies), or (b) primarily
532 | for and in connection with specific products or compilations that
533 | contain the covered work, unless you entered into that arrangement,
534 | or that patent license was granted, prior to 28 March 2007.
535 |
536 | Nothing in this License shall be construed as excluding or limiting
537 | any implied license or other defenses to infringement that may
538 | otherwise be available to you under applicable patent law.
539 |
540 | 12. No Surrender of Others' Freedom.
541 |
542 | If conditions are imposed on you (whether by court order, agreement or
543 | otherwise) that contradict the conditions of this License, they do not
544 | excuse you from the conditions of this License. If you cannot convey a
545 | covered work so as to satisfy simultaneously your obligations under this
546 | License and any other pertinent obligations, then as a consequence you may
547 | not convey it at all. For example, if you agree to terms that obligate you
548 | to collect a royalty for further conveying from those to whom you convey
549 | the Program, the only way you could satisfy both those terms and this
550 | License would be to refrain entirely from conveying the Program.
551 |
552 | 13. Use with the GNU Affero General Public License.
553 |
554 | Notwithstanding any other provision of this License, you have
555 | permission to link or combine any covered work with a work licensed
556 | under version 3 of the GNU Affero General Public License into a single
557 | combined work, and to convey the resulting work. The terms of this
558 | License will continue to apply to the part which is the covered work,
559 | but the special requirements of the GNU Affero General Public License,
560 | section 13, concerning interaction through a network will apply to the
561 | combination as such.
562 |
563 | 14. Revised Versions of this License.
564 |
565 | The Free Software Foundation may publish revised and/or new versions of
566 | the GNU General Public License from time to time. Such new versions will
567 | be similar in spirit to the present version, but may differ in detail to
568 | address new problems or concerns.
569 |
570 | Each version is given a distinguishing version number. If the
571 | Program specifies that a certain numbered version of the GNU General
572 | Public License "or any later version" applies to it, you have the
573 | option of following the terms and conditions either of that numbered
574 | version or of any later version published by the Free Software
575 | Foundation. If the Program does not specify a version number of the
576 | GNU General Public License, you may choose any version ever published
577 | by the Free Software Foundation.
578 |
579 | If the Program specifies that a proxy can decide which future
580 | versions of the GNU General Public License can be used, that proxy's
581 | public statement of acceptance of a version permanently authorizes you
582 | to choose that version for the Program.
583 |
584 | Later license versions may give you additional or different
585 | permissions. However, no additional obligations are imposed on any
586 | author or copyright holder as a result of your choosing to follow a
587 | later version.
588 |
589 | 15. Disclaimer of Warranty.
590 |
591 | THERE IS NO WARRANTY FOR THE PROGRAM, TO THE EXTENT PERMITTED BY
592 | APPLICABLE LAW. EXCEPT WHEN OTHERWISE STATED IN WRITING THE COPYRIGHT
593 | HOLDERS AND/OR OTHER PARTIES PROVIDE THE PROGRAM "AS IS" WITHOUT WARRANTY
594 | OF ANY KIND, EITHER EXPRESSED OR IMPLIED, INCLUDING, BUT NOT LIMITED TO,
595 | THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR
596 | PURPOSE. THE ENTIRE RISK AS TO THE QUALITY AND PERFORMANCE OF THE PROGRAM
597 | IS WITH YOU. SHOULD THE PROGRAM PROVE DEFECTIVE, YOU ASSUME THE COST OF
598 | ALL NECESSARY SERVICING, REPAIR OR CORRECTION.
599 |
600 | 16. Limitation of Liability.
601 |
602 | IN NO EVENT UNLESS REQUIRED BY APPLICABLE LAW OR AGREED TO IN WRITING
603 | WILL ANY COPYRIGHT HOLDER, OR ANY OTHER PARTY WHO MODIFIES AND/OR CONVEYS
604 | THE PROGRAM AS PERMITTED ABOVE, BE LIABLE TO YOU FOR DAMAGES, INCLUDING ANY
605 | GENERAL, SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES ARISING OUT OF THE
606 | USE OR INABILITY TO USE THE PROGRAM (INCLUDING BUT NOT LIMITED TO LOSS OF
607 | DATA OR DATA BEING RENDERED INACCURATE OR LOSSES SUSTAINED BY YOU OR THIRD
608 | PARTIES OR A FAILURE OF THE PROGRAM TO OPERATE WITH ANY OTHER PROGRAMS),
609 | EVEN IF SUCH HOLDER OR OTHER PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF
610 | SUCH DAMAGES.
611 |
612 | 17. Interpretation of Sections 15 and 16.
613 |
614 | If the disclaimer of warranty and limitation of liability provided
615 | above cannot be given local legal effect according to their terms,
616 | reviewing courts shall apply local law that most closely approximates
617 | an absolute waiver of all civil liability in connection with the
618 | Program, unless a warranty or assumption of liability accompanies a
619 | copy of the Program in return for a fee.
620 |
621 | END OF TERMS AND CONDITIONS
622 |
623 | How to Apply These Terms to Your New Programs
624 |
625 | If you develop a new program, and you want it to be of the greatest
626 | possible use to the public, the best way to achieve this is to make it
627 | free software which everyone can redistribute and change under these terms.
628 |
629 | To do so, attach the following notices to the program. It is safest
630 | to attach them to the start of each source file to most effectively
631 | state the exclusion of warranty; and each file should have at least
632 | the "copyright" line and a pointer to where the full notice is found.
633 |
634 |
635 | Copyright (C)
636 |
637 | This program is free software: you can redistribute it and/or modify
638 | it under the terms of the GNU General Public License as published by
639 | the Free Software Foundation, either version 3 of the License, or
640 | (at your option) any later version.
641 |
642 | This program is distributed in the hope that it will be useful,
643 | but WITHOUT ANY WARRANTY; without even the implied warranty of
644 | MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE. See the
645 | GNU General Public License for more details.
646 |
647 | You should have received a copy of the GNU General Public License
648 | along with this program. If not, see .
649 |
650 | Also add information on how to contact you by electronic and paper mail.
651 |
652 | If the program does terminal interaction, make it output a short
653 | notice like this when it starts in an interactive mode:
654 |
655 | Copyright (C)
656 | This program comes with ABSOLUTELY NO WARRANTY; for details type `show w'.
657 | This is free software, and you are welcome to redistribute it
658 | under certain conditions; type `show c' for details.
659 |
660 | The hypothetical commands `show w' and `show c' should show the appropriate
661 | parts of the General Public License. Of course, your program's commands
662 | might be different; for a GUI interface, you would use an "about box".
663 |
664 | You should also get your employer (if you work as a programmer) or school,
665 | if any, to sign a "copyright disclaimer" for the program, if necessary.
666 | For more information on this, and how to apply and follow the GNU GPL, see
667 | .
668 |
669 | The GNU General Public License does not permit incorporating your program
670 | into proprietary programs. If your program is a subroutine library, you
671 | may consider it more useful to permit linking proprietary applications with
672 | the library. If this is what you want to do, use the GNU Lesser General
673 | Public License instead of this License. But first, please read
674 | .
675 |
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