Quantum Tunneling of Stock Price in Range Bound Market Conditions

Applications of Quantum Tunneling effect have long gone beyond the traditional physical meaning. Initially created by Gamow to explain α-decay of nuclear particles, along the time, quantum tunneling found fertile domain of research in chemistry and recently in biology, where the new discipline of Quantum Biology emerges. The present paper extends the applicability of quantum tunneling to financial markets. In a recent paper [1] a time-independent equation for pricing the options having the under...