Synopses & Reviews
A concise yet comprehensive guidebook that addresses the practical aspects of investing in derivatives.
Written for the professional market but accessible enough for individual investors, The Investors Guidebook to Derivatives includes all the information needed to succeed in todays complex derivatives market, including:
What constitutes a derivative instrument”
The difference between forward and forecast prices
Pricing and using forward contracts
Swaps: pricing and applications
Option vocabulary
Pricing optionsa framework
Implementing directional and volatility strategies
Exotic options: pricing and applications
Options on natural occurrences: rain, snow, and wind
The Investors Guidebook series presents investment vehicles and strategies from both the issuers and the investors perspectives. Starting with basic concepts and then building to state-of-the-art pricing models, strategies, and tactics, these succinct handbooks will be useful for everyone from new hires through experienced professionals. Unlike most books, which are read once and sit on the shelf, professionals will refer to these books repeatedly throughout their careers.
Synopsis
The Handbook of Exotic Options is the first book to explain the theoretical foundations, structures, and applications of these exciting new instruments. Edited by Israel Nelken, one of the foremost experts in the field, this handbook provides an in-depth explanation of the latest uses of exotic options by institutional investors and corporate treasurers, as well as the latest thinking on advanced topics. Readers will find valuable discussions of: Options theory, volatility, and pricing; The Brownian Motion and the Black Scholes Model; Risk management applications of exotic options.
Description
System requirements for accompanying computer disk: IBM PC or compatible system; Microsoft Windows 3.1. Includes bibliographical references and index.
About the Author
Stuart R. Veale is the president and founder of the Investment Performance Institute Inc., a firm that specializes in providing advanced level practical capital markets training and consulting services to the financial services industry. Previously he was a senior vice president of portfolio strategy and design for the national sales group at Prudential Securities Inc. and senior vice president of advanced training at PaineWebber Inc. He has published six books including The Handbook of the U.S. Capital Markets, Bond Yield Analysis, Tapping the Small Business Market, Essential Investment Math, Essential Asset Allocation, and Stocks, Bonds, Options, Futures.