# blkprice

Black model for pricing futures options

## Description

`[`

computes European put and call futures option prices using Black's model.`Call`

,`Put`

]
= blkprice(`Price`

,`Strike`

,`Rate`

,`Time`

,`Volatility`

)

**Note**

Any input argument can be a scalar, vector, or matrix. If a scalar, then that value is used to price all options. If more than one input is a vector or matrix, then the dimensions of those non-scalar inputs must be the same.

Ensure that `Rate`

, `Time`

, and
`Volatility`

are expressed in consistent units of
time.

## Examples

## Input Arguments

## Output Arguments

## References

[1] Hull, John C. *Options, Futures, and Other Derivatives.* *5th
edition*, Prentice Hall, , 2003, pp. 287–288.

[2] Black, Fischer. “The Pricing of Commodity Contracts.” *Journal
of Financial Economics.* March 3, 1976, pp. 167–79.

## Version History

**Introduced before R2006a**