Practice Drills: Pricing a European Option Using Monte Carlo Simulation

A drill-heavy course for quant analyst aspirants, prop trading applicants and systematizing traders who know what Monte Carlo is but have never priced an option with it from scratch. Every lesson is a worked exercise on a Nifty index option: you set up the inputs from the NSE contract, simulate terminal prices by hand, average and discount the payoffs, attach a standard error and confidence interval to the answer, check it against Black-Scholes and put-call parity, sharpen it with antithetic and control variates, and finish by pricing, validating and reporting a monthly Nifty option end to end in Python. The kind of exercise interviewers at prop desks and quant funds hand you on a whiteboard.