Financial options: from theory to practice
Stephen Figlewski, William L. Silber, Marti G. Subrahmanyam, Salomon Brothers Center for the Study of Financial Institutions
Business One Irwin, 1990 - Business & Economics - 580 pages
Discover how to make more profitable trades! Financial Options explains option valuation theories with little math and shows you how they apply to actual trading practices and market moves. In addition to the general principles of option trading and valuation, readers will find information on specific types of financial options and valuable coverage of: The institutional and theoretical framework for understanding options and options markets. The application of option pricing models to specific types of markets; Issues that transcend any particular options market, such as liquidity costs associated with trades, techniques used to estimate volatility, and the numerical methods that must be applied to many option valuation problems.
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Stock Index Options
Interest Rate Caps and Floors
Options on Foreign Currencies
7 other sections not shown
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American call option American options American put option arbitrage asset price assume Binomial model Black-Scholes model bond price bondholders call price callable bond caps and floors cash flows Chapter compound option computed convertible bond cost coupon bond delta derived discount dividend duration early exercise equal equity European call European options European put example exchange rate exercise price exercise the option expiration date face value fair value Figure firm value FOREX options formula forward contract futures contract futures price hedge ratio holder implied volatility in-the-money index options interest rate options investment investor LIBOR loan long position marketmaker month LIBOR mortgage node optimal option contract option expiration option value out-of-the-money parameter payment payoff pays percent period portfolio insurance premium prepayment put-call parity replicate riskless rate risky asset selling stochastic stock price strategy strike price Table term structure underlying asset valuation variance warrants zero coupon bond