This assignment focuses on calculating option prices using the Black-Scholes model. It provides input data such as stock price, exercise price, interest rates, and volatility. The student then applies the Black-Scholes formula to determine the present value of the exercise price, calculate d1 and d2 values, and find the delta using the normal cumulative density function. The assignment also includes calculating the value of call and put options, computing percentage errors between model results and actual market prices, and exploring a plotting strategy for a 'pout' strategy.