Black & Scholes Option Pricing Model

SET 50 options
Underlying Stock Current price S 987.22
Exercise price E 950.0
Time to maturity (years) T 0.1397
Volatility V 11.482%
Risk free rate r 0.50%
Dividend yield q 2.06%

ln (S/E) 0.03843
[(r-q) + V2/2]T (0.0013)

d1 0.86608
d2 0.82316
=NORMSDIST(D15)
N(d1) 0.80678
N(d2) 0.79479

e-qT 0.997126
e-rt 0.999302

Call option 39.652

Put Option 4.606

days 51

=NORMSDIST(D15)
Option Value based on the Black-Scholes Model:

Black-Scholes Option Pricing Model

Inputs:
Stock Price (S) 980.5
Strike Price (X) 950.0
Volatility (s) 11.48%
Risk-free Rate 0.50%
Time to expiration (T) 0.1397260274 yrs 0.139726 51
Dividend Yield 2.06%
# of Options (000) 10,000
# Shares Outstanding (000 100,000
Tax Rate 0.00%
Output:

D1 0.70766
D2 0.66474
N(D1) 0.76042
N(D2) 0.74689
Call Price 34.42
Put Price 6.05