Visualization of American Options Using the Roll-Geske-Whaley Model

American options no doubt is invariably more popular than European options, due to the fact that it gives the owner the option to exercise a contract before and up to the expiration date, unlike an European option, which only allows the owner to exercise a contract on the date of expiration. Owing to its popularity, many methods like the binomial numerical method and the pseudo American method have been devised for computing of the value of the American options. The aim of this research is to develop an effective 3-dimensional visualization for American option portfolio based on the Geske-Roll-Whaley model. It is obvious that it is extremely tedious and unadvisable for researchers to interprte chunks of data by looking at graphs or pie charts, which are simple but not effective for analyzing important dta. Hence, the generation of the Geske-Roll-Whaley ...