Option pricing with futures‐style margining

The Pricing of Options and Corporate Liabilities

Fischer Black, Myron S. Scholes · Journal of Political Economy · 1973 · 29.4K citations

Business, Economics, Finance +13

Martingales and arbitrage in multiperiod securities markets

J. Michael Harrison, David M. Kreps · Journal of Economic Theory · 1979 · 3.7K citations

Business, Economics, Finance +12

The pricing of commodity contracts

Fischer Black · Journal of Financial Economics · 1976 · 2.9K citations

Social Sciences, Contract Law, Economics +8

Option pricing

Clifford W. Smith · Journal of Financial Economics · 1976 · 476 citations

Business, Economics, Finance +16

Valuation of American Futures Options: Theory and Empirical Tests

Robert E. Whaley · The Journal of Finance · 1986 · 174 citations

Business, Economics, Finance +14