RT Journal Article SR Electronic A1 Vrábelová, Lucia A1 Kremeňová, Iveta T1 JF Doprava a spoje YR 2006 VO 2 IS 1 UL https://tac.uniza.sk/artkey/das-200601-0011.php 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.