Table of ContentsLecture 7: Basic Derivatives Contents Payoff Diagrams Options - Speculation or Hedging? Why Buy Options Why Sell Options A Trader’s Option Pricing Model A Simple Binomial Model The Black-Scholes Formula The Black-Scholes Formula A Useful Approximation FX Options FX Options Interest Rate Options Interest Rate Options Equity Options SPX Options SPX Volatilities as of 19-Oct-98 Electronic Trading Quantos |
Author: Jim Gatheral
Email: jim@exchange.ml.com |