Numerical analysis methods for pricing options and its implementing procedures

With the development of the financial derivatives market, more and more complex and multi-dimensional options are being used nowadays. Numerical analysis methods is an essential tool for pricing these options, but doing it with manual will cost much of time and energy, using computer to help analyze is an inevitable trend. Basing on programming technology, this paper implements Java to numerical analysis methods for options pricing. With the java language's grammar rules and embedded function, we can realize the binomial model and the Monte Carlo simulation method of options pricing effectively. The results show that java language can be much faster and better to solve the pricing problems of both singular and complex Options.