There are a number of web sites that will calculate the value of an option, some of the use Black Scholes. Some of the sites you may try include:
www.option-price.com
www.optionsprofitcalculator.com
www.calloptionputoption.com
Pick one of these or another web page that contains an option calculator and do the following:
Create a call option that you wish to price and input into the model the following (some calculators may ask for more information):
• Share Price
• Strike Price
• Time to Maturity
• Interest Rate
• Volatility
Submit your input and results in a table in WORD. What do the results tell you? How would you use the results of the model in your portfolio strategy?