The website now has a simple option pricing tool available free of charge.  The option pricer can be found on the following hyperlink:

Users will be able to change the basic parameters of the option to see how its value will change.  The tool also has a graphical representation of the option’s value both prior to and at maturity.  There is also a seperate graph which shows the related option Greeks.  

We have also designed a complementary exercise that can be downloaded by clicking here.  The exercise is based on the principles of self-guidance and allows users to see how the option’s value changes as different market parameters change.