PT Journal AU Vrabelova, L Kremenova, I SO Doprava a spoje PY 2006 VL 2 IS 1 WP https://tac.uniza.sk/artkey/das-200601-0011.php SN 13367676 AB This paper deals with financial derivate's pricing, especially lookback option's pricing, using the Binomial Tree Model. The price of European lookback option calculated from Binomial Tree model is compared with the price of the same American lookback option calculated from Binomial Model. ER