Introduction to Futures and Options Markets
This introduction to futures and options markets is ideal for those with limited background in mathematics.
- Hardback | 400 pages
- 175.26 x 236.22 x 27.94mm | 839.14g
- 15 Aug 1994
- Pearson Education (US)
- United States
- 2nd edition
Table of contents
1. Introduction. I. FUTURES AND FORWARD MARKETS. 2. Mechanics of Futures and Forward Markets. 3. The Determination of Forward and Futures Prices. Appendix: A Proof that Forward and Futures are Equal When Interest Rates Are Constant. 4. Hedging Strategies Using Futures. Appendix: A Proof of the Minimum Variance Hedge Ratio Formula. 5. Interest-Rate Futures. 6. Swaps. II. OPTIONS MARKETS. 7. Mechanics of Options Markets. 8. Basic Properties of Stock Options. 9. Trading Strategies Involving Options. 10. An Introduction to Binomial Trees. 11. The Pricing of Stock Options Using Black-Scholes. The Early Exercise of American Call Options on Dividend-Paying Stocks. 12. Options on Stock Indices and Currencies. 13. Options on Futures. 14. Hedging Positions in Options and the Creation of Options Synthetically. 15. Valuing Options Numerically Using Binomial Trees. 16. Biases in the Black-Scholes Model. 17. Interest-Rate Options. Answers to Quiz Questions. Table for N(x) when x !a 0. Table for N(x) when x !o 0. Major Exchanges Trading Futures and Options. Index.