Derivatives markets and analysis
A practical, informative guide to derivatives in the real world Derivatives is an exposition on investments, guiding you from the basic concepts, strategies, and fundamentals to a more detailed understanding of the advanced strategies and models. As part of Bloomberg Financial's three part seri...
| Otros Autores: | |
|---|---|
| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
Hoboken, New Jersey :
Wiley
[2017]
|
| Edición: | 1st edition |
| Colección: | Bloomberg financial series ;
148. THEi Wiley ebooks. |
| Materias: | |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009631857206719 |
Tabla de Contenidos:
- Cover
- Title Page
- Copyright
- Contents
- Preface
- Acknowledgments
- About the Author
- Part 1: Futures and Forward Contracts
- Chapter 1: Futures Markets
- Introduction to Futures and Options Markets
- The Nature of Futures Trading and the Role of the Clearinghouse
- Types of Futures Contracts
- The Organized Markets and Characteristics of Futures Trading
- Commodity Futures Hedging
- Commodity Speculating with Futures
- Pricing Futures and Forward Contracts: Carrying-Cost Model
- Conclusion
- Selected References
- Problems and Questions
- Chapter 2: Currency Futures and Forward Contracts
- Hedging with Foreign Currency Futures and Forward Contracts
- Speculating with Foreign Currency Futures and Forward Contracts
- Hedging and Speculating with Equivalent Money Market Positions
- Carrying-Cost Model for a Currency
- Conclusion
- Selected References
- Problems and Questions
- Chapter 3: Equity Index Futures
- Speculative Strategies
- Hedging Equity Positions
- Carrying-Cost Model for an Equity Index
- Non-Equity Indexes
- Conclusion
- Selected References
- Problems and Questions
- Chapter 4: Interest Rate and Bond Futures and Forward Contracts
- Types of Interest Rate Futures and Forward Contracts
- Speculating with Interest Rate and Bond Futures Contracts
- Hedging with Interest Rate and Bond Futures Contracts
- Pricing Interest Rate and Bond Futures
- Conclusion
- Selected References
- Problems and Questions
- Part 2: Options Markets and Strategies
- Chapter 5: Fundamentals of Options Trading
- Option Terminology
- Fundamental Option Strategies
- Other Option Strategies
- Option Price Relations
- Put-Call Parity
- Option Exchanges
- Conclusion
- Selected References
- Problems and Questions
- Chapter 6: Non-Stock Options: Equity Index, Futures, OTC, and Embedded Options.
- Equity-Index Options
- Futures Options
- Over-the-Counter Options
- Convertible Securities
- Embedded Options
- Equity and Debt as Call Option Positions
- Conclusion
- Selected References
- Problems and Questions
- Chapter 7: Option Strategies
- Call Purchases
- Call Purchases in Conjunction with Other Positions
- Naked Call Writes
- Covered Call Writes
- Ratio Call Writes
- Put Purchases
- Naked Put Writes
- Covered Put Writes
- Ratio Put Writes
- Call Spreads
- Put Spreads
- Straddle, Strip, and Strap Positions
- Combinations
- Condors
- Simulated Stock Positions
- Conclusion
- Selected References
- Problems and Questions
- Chapter 8: Option Hedging
- Hedging Stock Portfolio Positions
- Hedging Currency and Commodity Positions
- Hedging Fixed-Income Positions with Options
- Conclusion
- Selected References
- Problems and Questions
- Part 3: Option Pricing
- Chapter 9: Option Boundary Conditions and Fundamental Price Relations
- Call Boundary Conditions
- Put Boundary Conditions
- Put and Call Boundary Conditions
- Boundary Conditions Governing Non-Stock Options
- Conclusion
- Selected References
- Problems and Questions
- Chapter 10: The Binomial Option Pricing Model
- Single-Period BOPM
- Multiple-Period BOPM
- Estimating the BOPM
- Features of the BOPM
- Conclusion
- Selected References
- Problems and Questions
- Appendix 10A: Risk-Neutral Pricing
- Risk-Neutral Probability Pricing-Single-Period Case
- Risk-Neutral Probability Pricing-Multiple-Period Case
- Appendix 10B: Discrete Dividend-Payment Approach
- Example
- Chapter 11: The Black-Scholes Option Pricing Model
- The Black-Scholes Call Model
- The Black-Scholes Put Model
- Estimating the B-S OPM
- Applications of the OPM
- Empirical Studies
- Conclusion
- Selected References
- Problems and Questions.
- Chapter 12: Pricing Non-Stock Options and Futures Options
- Pricing of Spot Index and Currency Options
- Binomial Pricing of Futures Options
- Pricing Equity Convertibles with the B-S OPM
- Greeks
- Conclusion
- Selected References
- Problems and Questions
- Chapter 13: Pricing Bond and Interest Rate Options
- The Binomial Interest Rate Model
- Estimating the Binomial Interest Rate Tree
- Pricing Bond and Interest Rate Options with the B-S and Black OPMs
- Conclusion
- Selected References
- Problems and Questions
- Part 4: Financial Swaps
- Chapter 14: Interest Rate Swaps
- Generic Interest Rate Swaps
- Swap Markets
- Swap Valuation
- Comparative Advantage
- Swap Applications
- Forward Swaps
- Swaptions
- Non-Generic Swaps
- Conclusion
- Selected References
- Problems and Questions
- Appendix 14A: Valuation of Forward Swaps and Swaptions
- Chapter 15: Credit Default and Currency Swaps
- Generic Credit Default Swap
- Currency Swaps
- Conclusion
- Selected References
- Problems and Questions
- Part 5: Supplemental Appendixes
- Appendix A: Overview and Guide to the Bloomberg System
- Bloomberg System-Bloomberg Keyboard
- Accessing Security Information
- Indexes
- Functionality
- Economic, Industry, Law, and Municipal Information Screens
- Monitor and Portal Screens
- Portfolios and Baskets
- Screening and Search Functions
- The Bloomberg Excel Add-In: Importing Bloomberg into Excel
- Launchpad
- Conclusion
- Bloomberg Exercises
- Appendix B: Directory Listing of Bloomberg Screens by Menu and Function
- Appendix C: Uses of Exponents and Logarithms
- Exponential Functions
- Logarithms
- Selected Reference
- Index
- EULA.
