I'm trying to model the Black-Scholes Equation (transformed in into a heat equation) using method of lines in Python. The transformed formula is basically \begin{equation*} \frac{\partial u}{\partial t} = \frac{\partial^2 u}{\partial x^2} + (k-1)\frac{\partial u}{\partial x} - ku \end{equation*} where $k$ is a constant and with initial condition \begin{equation*} u(x,0) = \max(e^a - 1, 0) \end{equation*} and boundary conditions \begin{equation*} u(a,t) = \alpha \hspace{35pt} u(b,t) = \beta \end{equation*} In Python, the resulting graph is very strange, and I don't believe it is correct. I can't seem to find where I went wrong. Any insight on the Python code would be really helpful. import numpy as np from scipy.integrate import odeint import matplotlib.pyplot as plt from scipy.fftpack import diff as psdiff N = 40 r = 0.065; sigma = 0.8; k = float(0.5*sigma**2); a = np.log(float(2)/5) b = np.log(float(7)/5) t0 = 0; tf = 5; x = np.linspace(a, b, N); xmesh = np.max(np.exp(a)-1,0)*np.ones(x.shape) def odefunc(u, t): dudt = np.zeros(xmesh.shape) #boundary conditions dudt[0] = u[0] dudt[-1] = (7 - 5*np.exp(-k*t))/5 #step size h = b/(N-1) for i in range(1, N-1): dudt[i] = ((u[i + 1] - 2*u[i] + u[i - 1]) / h**2) + (k-1)*((u[i] - u[i-1]) / h) - (k*u[i]) return dudt tspan = np.linspace(t0, tf, 20); sol = odeint(odefunc, xmesh, tspan) for i in range(0, len(tspan), 5): plt.plot(xmesh, sol[i], label='t={0:1.2f}'.format(tspan[i])) # put legend outside the figure plt.legend(loc='center left', bbox_to_anchor=(1, 0.5)) plt.xlabel('X position') plt.ylabel('Temperature') # adjust figure edges so the legend is in the figure plt.subplots_adjust(top=0.89, right=0.77) plt.savefig('pde.png') # Make a 3d figure from mpl_toolkits.mplot3d import Axes3D fig = plt.figure() ax = fig.add_subplot(111, projection='3d') SX, ST = np.meshgrid(xmesh, tspan) ax.plot_surface(SX, ST, sol, cmap='jet') ax.set_xlabel('x') ax.set_ylabel('t') ax.set_zlabel('u') ax.view_init(elev=30, azim=100) # adjust view so it is easy to see plt.savefig('pde-transient-heat-3d.png') [![3d Plot][2]][2] [1]: http://www.math.uwaterloo.ca/~hwolkowi//henry/reports/talks.d/t09talks.d/09waterloomatlab.d/mfileshigham.d/bs.m [2]: https://i.sstatic.net/iNlJM.png