An option is a financial contract that gives holder the right, but not the obligation, to buy or sell an underlying asset at the strike price on or before the expiration date.Options are significant financial instruments that offer investors and traders a variety of risk management tools and trading strategies.There are many financial models that can be usedfor options pricinglike Black Scholes option pricing model, Heston Stochastic Volatility Model, Vasicek Mean Reversion Model etc. This paper proposes Quantum harmonic oscillator model based on quantum mechanics for pricing European call options and will compare its estimated value with the actual price and the pricing obtained by other models.