classdef app1 matlabappsAppBase Properties that correspond to app components properties Access = public UIFigure matlabuiFigure Label matlabuicontrolLa

The given code is a MATLAB App that calculates the price of an option using the Binomial Option Pricing Model. The app has several input fields for the parameters required for the calculation, such as stock price (S0), strike price (K), risk-free interest rate (r), time to expiration (T), volatility (sigma), and the number of time steps (N).

The main callback function of the app is the "bio" function, which is associated with the button click event. Inside this function, the Binomial Option Pricing Model is implemented to calculate the option price. The calculated option price is then displayed in the app.

The app is created using the App Designer tool in MATLAB, which provides a graphical user interface (UI) for the app. The UI components include labels, numeric edit fields, and a button. These components are created in the "createComponents" method of the app.

The app is initialized and registered using the "app1" constructor. The "delete" method is used to delete the app and its associated UI figure when the app is closed.

Overall, this code provides the basic structure and functionality of a MATLAB App for calculating option prices using the Binomial Option Pricing Model