Black-Scholes Inputs
1	Stock (S)	$50.00
2	Strike (K)	$50.00
3	Volatity	30.0%
	Variance	9.00%
4	Riskfree rate (r)	10.00%
5	Term (T)	0.25
6	Div Yield	0.00%
	Put option
	d1	0.2417
	d2	0.0917
	-d1	-0.2417
	N(-d1)	0.4045
	N(-d2)	0.4635
	Put Price	$2.376

		Inputs
	1=call, 0=put	-		put
	Asset	$50.00		Solved:
	Strike	$50.00		u	1.1119	<< magnitude of up jump
	Time (yrs)	0.125		d	0.8994	<< magnitude of down jump
	Volatility	30%		a	1.0126
	Riskless	10.0%		p	0.5327	<< probability of up jump
	Div Yield	0.0%		1-p	0.4673	<< probability of down jump
				Time Node
				0.000		0.125		0.250
								61.82
								-
						55.59
						-
		Stock		50.00				50.00
		Option		2.04				-
						44.97
						4.41
								40.44
								9.56