*Result*: Excel Functions for Option Prices and Greeks without VBA.
*Further Information*
*The =LAMBDA function within Excel provides a powerful new tool for investors and analysts. In this article, we demonstrate =LAMBDA functions that calculate an option's intrinsic value, price, and Greeks based on the Black-Scholes model. We additionally construct an =ALLGREEKS function within Excel's built-in =MAKEARRAY function that quickly produces option prices and Greeks given six parameters: the underlying spot price (S), strike price (X), annual return volatility (V), days to maturity (DTM), days in a year (DIY), and the annual risk-free rate (RF). In addition to writing this guide on how to create these useful functions, we provide a downloadable file. [ABSTRACT FROM AUTHOR]
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