Based on "Structure models for options pricing on non-dividend-paying stocks",this paper presents its own views from the models constructing,the formula deducing and the results analyzing.Based on general- ly accepted hypotheses,the paper gives the pricing formula of call options,put options and options exercised at any time before the expiration.Further,the paper puts forward that simple options pricing models conforming to reality ought to be popularized,which should be paid enough theoretical...