Option Pricing: Black-Scholes Made Easy, + Website

"I have tried Jerry Marlow's B-S Made Easy and plan to make it a requirement for my investments classes. Its animations provide intuitively clear visual explanations of the fundamental nature of stock market risk. It is an ideal complement to textbooks such as my own (Bodie, Kane, and Marcus, Investments). I have been using my own Excel simulations to illustrate this material in the past, but Marlow's animations blow mine away. Simply wonderful stuff!!" (Zvi Bodie, Professor of Finance Boston University School of Management)