Abstract
The search for a better option pricing model continues to nd the one that outperforms the existing ones in the nancial market. In this paper, we present a Genetic Algorithm (GA) to price a xed term American put option when the underlying asset price is Geometric Brownian Motion. The Genetic Algorithm has a better approximation of the relationship between the option price and its contract terms. Our method produces a perfect and a minimum option price that outperforms other models like the Black-Scholes under the same conditions. The method requires
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