Extremely easy to follow. I can't praise Black-Scholes Made Easy highly enough. Any student or trainee having to study this topic really should buy this tutorial.

Having a degree in Mathematics and a professional accountancy qualification did not prepare me for the explanations of Black Scholes to be found in most text books. They may have got a Nobel prize for their option pricing model but Black and Scholes were never going to get an award for clarity of explanation.

Having grappled with this area for a few months, I decided I needed a little more innovative help; hence my purchase of Jerry Marlow's interactive tutorial.

Two days later and I feel I could go for the next Nobel prize myself! So many things click into place so quickly, it's marvelous. Jerry gives his email address which I had to resort to for one query. He answered most helpfully within a couple of hours.
Peter Stewart

Jerry Marlow has a gift for communicating complex concepts and thoughts simply and succinctly. His in-depth research combines with his powerful intellect to enlighten his readers in a very engaging manner. But beyond being an excellent writer, it is his ability to organize material and present it in a way that addresses the business purpose at hand that really sets him apart.
Lance Loveday
Closed Loop Marketing

The simulation is a good one. A deep insight into the price process pops out clearly. In my next semester course "Black-Scholes Made Easy" will be a useful tool for giving the necessary intuitive view of the matter.
Lucio Geronazzo, Professor
Mathematical Models for Financial Markets
Il Dipartimento di Matematica per le Decisioni
Università degli Studi di Firenze
Florence, Italy

Your simulations are simply the best, making every part of Black-Scholes so understandable. I knew Black-Scholes' option pricing model was important and used it every day in my trading, but never knew why or how it worked. Your book and CD-ROM provided me clear understanding of the model, and best of all, all I need to understand the model was basic mathematical background and some common sense.

Thank you very much.
Dong-Wook Kim
Futures & Options Trader
Equity & Derivatives Team
Hanwha Securities. Co., Ltd
Seoul, Republic of Korea

Just a brief thank you for the two-day course on valuing options (with an emphasis on divorce valuation) that you presented to my group last week. The group consisted of a number of my peers/competitors, all of us moderately to heavily experienced in forensic accounting and business valuations. Thus, it was not an easy audience to satisfy. However, you did it. We all recognize how dry the options valuation topic is, but nonetheless, my personal reaction and those of my fellow attendees was most positive. All of us felt that we got considerable value out of the program, and insight into how to best approach the issue of the valuation of options.

We certainly all appreciate your offer to stay in touch, and to bounce questions off you, and to in general continue to exchange information for our mutual benefits.

Once again, thanks and best wishes.
Kalman A. Barson, CPA/ABV, CFE
The Barson Group

Thank you for presenting the Black-Scholes Made Easy and option-valuation seminar. It was interesting and informative, and as the title of your book suggests, your presentation skills and graphics, did make it easy to follow and understand.

My dozen CPA colleagues attending the seminar from other firms, all came away with the same impression: you were able to take a subject that is, at best, difficult to understand and make it intelligible.

I look forward to future seminars, and wish you much success with the option-valuation program.
Marshall A. Morris

I am new to options and will be using the book and software to learn about them. I have started to read the first chapters and using the software and I am pleased to report that it has made understanding options so much easier. Thank you.
Robert Lim

Financial Engineering News says,
If you're well versed in the stochastic mathematics underlying Black-Scholes-Merton option pricing theory, this book will interest you as a way of visually demonstrating how the value of options vary with the key input parameters such as time to maturity, strike price, dividends paid, stock price volatility, etc. And if you're relatively new to the field (or a student), this book offers a unique tool for learning about option pricing in a way that blends theory (albeit with minimal math) with an easy to use, graphics rich program which runs on Windows based PCs.

I am now studying in Harvard Summer School and taking a course Risk Management and Derivatives. My professor Bulent Aybar introduced your book Option Pricing: Black-Scholes Made Easy to me. I have just finished my undergraduate sophomore year in Tsinghua University in China and I really have a wonderful experience here in Boston during this summer. Your book is friendly and easy to understand. I like your writing style. You express complex ideas in easy words.
Ji Tuo

Your book Option Pricing: Black-Scholes Made Easy with the Black-Scholes animation is wonderful! It truly is a visual way to understand this subject.
Savio Braganza

I've read several books on options and have traded options on a regular basis. I felt like I had a pretty good handle on the concepts and mechanics. Black-Scholes Made Easy took these abstract ideas and provided a concrete visual experience to solidify them in my head. To see the probabilities and assumptions expressed graphically really enhanced my understanding of options as well as stocks. I believe anyone wanting to get a firm grasp on options, whatever their current level of knowledge, would benefit from Black-Scholes Made Easy. I wish that this program had been available when I first starting learning options.
Kirk Guillebeau
Financial Analyst

Thanks for a grand tutorial on Friday, and for making a huge contribution to the investment community. You are truly an "explainer extraordinaire."
Dennis A. Webb, MAI, ASA
Primus Valuations
Marina Del Rey, CA

globeinvestor.com Review
Jerry Marlow has rendered a major service in mapping the results of using the Black-Scholes option pricing formula... If you want to see the formula at work, then get this book... This is the formula without all the math. Marlow has made a valuable contribution to the understanding of contemporary, mathematical finance.
Andrew Allentuck

Black-Scholes is an essential tool for understanding option pricing. No buyer or seller of options should be without it. However, it is something that is given perfunctory treatment at best in most finance texts, and few MBA programs cover it in sufficient detail to make it useful as an analytical tool.

Jerry Marlow's simulation makes the model understandable to anyone with even a basic mathematical background. It brings the world of options trading from the world of black magic into the light of day. I strongly recommend his software to anyone who would use this tool.
William Tolin Gay
Securities Lawyer and Investor
Mission Viejo, California, USA

Bought your book on Black-Scholes Made Easy... It helps me navigate the jungle of financial mathematics and move on to other books on options pricing. Hope you are working on Binomial Pricing model. Also, what about other models like those on interest rates which are even more complex and difficult to understand? Can't wait to see your next book. Keep the good stuff coming. A Visual Guide to Binomial Pricing Model and more please please please.
Siew Gan
Senior Audit Manager
(International financial institution)
Singapore

I have read Mr. Marlow's materials, and I have used him to walk through a description of options usage for a group of 60 plus business appraisers from across the United States. I strongly urge you to consider using Mr. Marlow for your efforts; he has a good understanding of a complex subject and he is able to convey it to people without getting tangled in complex mathematics and theory.
Randall Schostag, CFA, MCBA, ASA, AVA, BVAL

I intend to use the simulation software to help visualize the Black-Scholes equation. I have a Ph.D. in chemistry and have done some work in finance. I have worked with environmental and kinetics models as a chemist. I like the idea of having a model to increase my understanding of Black-Scholes.
Dennis Nicks

I have been an equity analyst for nearly ten years and have a solid grasp on Black-Scholes, but this book makes it far easier to understand and master Black-Scholes and probability.
Chris Adams

I am a 64 year old retired woman who is mathematically illiterate. What am I doing with Jerry Marlow's Black Scholes animation?

Well, I decided after seeing my stocks seriously decline after 2000 to do something about it. My investment is too important to me not to know what I am doing and not be in control. I decided to learn everything I could short of ever thinking I could top Alan Greenspan.
All my research led me down lots of paths, including looking at options. Believe me, if one is interested in taking control of one's investment or is interested in starting an investment club one would never want to miss Jerry Marlow's book.

Now, I do not trade in options but use his brilliant animations to arrive at my conclusions when I buy and sell stocks. For this, I find his last chapter the most useful.

If I can appreciate and understand Black Scholes, anyone can. Now I feel that I am in the world of Einstein. What a find in Jerry's book!
Rochelle Auletta