Modified Bachelier Option Pricing Model w/ Num. Greeks is an adaptation of the Modified Bachelier Option Pricing Model in Pine Script. The following information is an except from Espen Gaarder Haug's book "Option Pricing Formulas".
Before Black Scholes Merton
The curious reader may be asking how people priced options before the BSM breakthrough was published...
![WMT: Modified Bachelier Option Pricing Model w/ Num. Greeks [Loxx]](https://s3.tradingview.com/k/KTT2ddmK_mid.png "Modified Bachelier Option Pricing Model w/ Num. Greeks [Loxx]")
