Asay (1982) Margined Futures Option Pricing Model is an adaptation of the Black-Scholes-Merton Option Pricing Model including Analytical Greeks and implied volatility calculations. The following information is an excerpt from Espen Gaarder Haug's book "Option Pricing Formulas". This version is to price Options on Futures where premium is fully margined. This...
![WMT: Asay (1982) Margined Futures Option Pricing Model [Loxx]](https://s3.tradingview.com/w/W362GSmU_mid.png "Asay (1982) Margined Futures Option Pricing Model [Loxx]")
