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Homotopy Analysis Method for Fractional Barrier Option PDE

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, , Citation S. E Fadugba and S. O. Edeki 2022 J. Phys.: Conf. Ser. 2199 012008 DOI 10.1088/1742-6596/2199/1/012008

1742-6596/2199/1/012008

Abstract

This paper proposes a fractional numerical study on Time-Fractional Barrier Option Model (T-FBOM) via highly convergence solution series method known as Homotopy Analysis Method (HAM). Furthermore, the pricing formula for T-FBOM was obtained. The performance of the method on some illustrative examples has been considered. The results obtained were compared with some existing approaches.

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10.1088/1742-6596/2199/1/012008