Trading and pricing financial derivatives : a guide to futures, options, and swaps

Description

Trading and Pricing Financial Derivatives is an introduction to the world of futures, options, and swaps. Self-study investors who are interested in deepening their knowledge of derivatives of all kinds will find this book to be an invaluable resource. The book is also useful in a very applied course on derivative trading. The authors delve into the history of options pricing; simple strategies of options trading; binomial tree valuation; Black-Scholes option valuation; option sensitivities; risk management and interest rate swaps in this immensely informative yet easy to comprehend work. Using their vast working experience in the financial markets at international investment banks and hedge funds since the late 1990s and teaching derivatives and investment courses at the Master's level, Patrick Boyle and Jesse McDougall put forth their knowledge and expertise in clearly explained concepts. This book does not presuppose advanced mathematical knowledge, though it is presented for completeness for those that may benefit from it, and is designed for a general audience, suitable for beginners through to those with intermediate knowledge of the subject.  Read more... Frontmatter -- About De/G PRESS -- Contents -- Chapter 1. Introduction to Derivatives -- Chapter 2. Futures & Forwards -- Chapter 3. Introduction to Options -- Chapter 4. Simple Options Trading Strategies -- Chapter 5. Options Pricing History -- Chapter 6. Binomial Tree Valuation -- Chapter 7. The Black-Scholes Model -- Chapter 8. Option Sensitivities-The Greeks -- Chapter 9. Dynamic Hedging -- Chapter 10. Options on Indices, Futures, and Foreign Exchanges -- Chapter 11. Volatility Smiles -- Chapter 12. Volatility & Variance Swaps -- Chapter 13. The Monte Carlo Method -- Chapter 14. Exotics -- Chapter 15. Interest Rate Swaps -- Chapter 16. Risk Management and Value at Risk -- Chapter 17. Credit Derivatives -- Chapter 18. Structured Products -- Chapter 19. Optionality in Corporate Structures -- Chapter 20. Real Options -- Index