Notation : European call C: American Call option option price price p: European put P: American Put option option price price So: Stock price today·Sr:Stock price at time X: Strike price D: Present value of T: Life of option
Interpretation over a singleton Let I be , and σ ∈ ΣI. 1. I(A)(σ) = I(∀xA)(σ). 2. I(t)(σ) = a. 3. I(Sx1,···,xn t1,···,tn A)(σ) = I(A)(σ). 4. I0(P), σ(P) ∈ {I(n), Ψ(n)} for every n-ary predicate constant (variable), where