The topic of the book include; a brief introduction to single-period pricing, a self-contained, pratical introduction to stochastic calculus, with an emphasis on practical applications, introduction to continuous-time pricing, generation of scenarios for simulation, discussing methods and accuracy in detail, simulation applied to computing expectations for European pricing, simulation applied to early exercise pricing, presenting a detailed description of the least squares Monte Carlo method, the use of finite differences in option pricing, and filled with numerous case studies and expert advice