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Derivatives Essentials : an Introduction to Forwards, Futures, Options and Swaps.
"A clear, practical guide to working effectively with derivative securities products Derivatives Essentials is an accessible, yet detailed guide to derivative securities. With an emphasis on mechanisms over formulas, this book promotes a greater understanding of the topic in a straightforward m...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Otros Autores: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Somerset :
Wiley,
2016.
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| Temas: | |
| Acceso en línea: | Texto completo |
MARC
| LEADER | 00000cam a2200000Mi 4500 | ||
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| 001 | EBOOKCENTRAL_ocn953380419 | ||
| 003 | OCoLC | ||
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| 006 | m o d | ||
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| 008 | 160709s2016 xx o 000 0 eng d | ||
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| 020 | |a 9781119163565 | ||
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| 020 | |z 9781119280941 | ||
| 035 | |a (OCoLC)953380419 | ||
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| 082 | 0 | 4 | |a 332.645 |2 23 |
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| 100 | 1 | |a Gottesman, Aron. | |
| 245 | 1 | 0 | |a Derivatives Essentials : |b an Introduction to Forwards, Futures, Options and Swaps. |
| 260 | |a Somerset : |b Wiley, |c 2016. | ||
| 300 | |a 1 online resource (380 pages) | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 588 | 0 | |a Print version record. | |
| 505 | 0 | |a Title Page; Copyright; Table of Contents; Preface; Acknowledgments; About the Author; Part One: Introduction to Forwards, Futures, and Options; Chapter 1: Forwards and Futures; Introduction; 1.1 Forward contract characteristics; 1.2 Long forward payoff; 1.3 Long forward P & L; 1.4 Short forward payoff; 1.5 Short forward P & L; 1.6 Long forward P & L diagram; 1.7 Short forward P & L diagram; 1.8 Forwards are zero-sum games; 1.9 Counterparty credit risk; 1.10 Futures contracts; Key Points; Chapter 2: Call Options; Introduction; 2.1 Call option characteristics; 2.2 Long call payoff; 2.3 Long call P & L. | |
| 505 | 8 | |a 2.4 Short call payoff2.5 Short call P & L; 2.6 Long call P & L diagram; 2.7 Short call P & L diagram; 2.8 Call options are zero-sum games; 2.9 Call option moneyness; 2.10 Exercising a call option early; 2.11 Comparison of call options and forwards/futures; Key Points; Chapter 3: Put Options; Introduction; 3.1 Put option characteristics; 3.2 Long put payoff; 3.3 Long put P & L; 3.4 Short put payoff; 3.5 Short put P & L; 3.6 Long put P & L diagram; 3.7 Short put P & L diagram; 3.8 Put options are zero-sum games; 3.9 Put option moneyness; 3.10 Exercising a put option early. | |
| 505 | 8 | |a 3.11 Comparison of put options, call options, and forwardsKey Points; Part Two: Pricing and Valuation; Chapter 4: Useful Quantitative Concepts; Introduction; 4.1 Compounding conventions; 4.2 Calculating future value and present value; 4.3 Identifying continuously compounded interest rates; 4.4 Volatility and historical standard deviation; 4.5 Interpretation of standard deviation; 4.6 Annualized standard deviation; 4.7 The standard normal cumulative distribution function; 4.8 The z-score; Key Points; Chapter 5: Introduction to Pricing and Valuation; Introduction. | |
| 505 | 8 | |a 5.1 The concepts of price and value of a forward contract5.2 The concepts of price and value of an option; 5.3 Comparison of price and value concepts for forwards and options; 5.4 Forward value; 5.5 Forward price; 5.6 Option value: The Black-Scholes model; 5.7 Calculating the Black-Scholes model; 5.8 Black-Scholes model assumptions; 5.9 Implied volatility; Key Points; Chapter 6: Understanding Pricing and Valuation; Introduction; 6.1 Review of payoff, price, and value equations; 6.2 Value as the present value of expected payoff; 6.3 Risk-neutral valuation. | |
| 505 | 8 | |a 6.4 Probability and expected value concepts6.5 Understanding the Black-Scholes equation for call value; 6.6 Understanding the Black-Scholes equation for put value; 6.7 Understanding the equation for forward value; 6.8 Understanding the equation for forward price; Key Points; Chapter 7: The Binomial Option Pricing Model; Introduction; 7.1 Modeling discrete points in time; 7.2 Introduction to the one-period binomial option pricing model; 7.3 Option valuation, one-period binomial option pricing model; 7.4 Two-period binomial option pricing model, European-style option. | |
| 500 | |a 7.5 Two-period binomial model, American-style option. | ||
| 520 | |a "A clear, practical guide to working effectively with derivative securities products Derivatives Essentials is an accessible, yet detailed guide to derivative securities. With an emphasis on mechanisms over formulas, this book promotes a greater understanding of the topic in a straightforward manner, using plain-English explanations. Mathematics are included, but the focus is on comprehension and the issues that matter most to practitioners--including the rights and obligations, terms and conventions, opportunities and exposures, trading, motivation, sensitivities, pricing, and valuation of each product. Coverage includes forwards, futures, options, swaps, and related products and trading strategies, with practical examples that demonstrate each concept in action. The companion website provides Excel files that illustrate pricing, valuation, sensitivities, and strategies discussed in the book, and practice and assessment questions for each chapter allow you to reinforce your learning and gauge the depth of your understanding. Derivative securities are a complex topic with many "moving parts," but practitioners must possess a full working knowledge of these products to use them effectively. This book promotes a truly internalized understanding rather than rote memorization or strict quantitation, with clear explanations and true-to-life examples. Understand the concepts behind derivative securities Delve into the nature, pricing, and offset of sensitivities Learn how different products are priced and valued Examine trading strategies and practical examples for each product Pricing and valuation is important, but understanding the fundamental nature of each product is critical--it gives you the power to wield them more effectively, and exploit their natural behaviors to achieve both short- and long-term market goals. Derivatives Essentials provides the clarity and practical perspective you need to master the effective use of derivative securities products"-- |c Provided by publisher. | ||
| 520 | |a "This book provides an accessible yet detailed overview of derivative securities, including forwards, futures, options, swaps, and emphasis on related products and trading strategies. It emphasizes coherency, practitioner relevance, conceptual explanations, quantitative detail, and practical examples. Topics include: - The rights and obligations associated with the product. - Terms and conventions associated with the product. - Opportunities and exposures associated with the product. - Product trade. - Motivation to trade the product. - How the product is priced and valued. - What underlying factors is the product sensitive. - How are the product's sensitivities measured. This book will include mathematics, but will focus on conceptual explanations represented in a way that is accessible to an individual with limited math skills; focus on reader comprehension, providing straightforward, plain-talking explanations that are directly related to those issues that matter most to practitioners; and emphasize motivations and sensitivities, understanding the nature of sensitivities, how to measure them, and how to offset them is more important than knowing how to price and value products"-- |c Provided by publisher. | ||
| 590 | |a ProQuest Ebook Central |b Ebook Central Academic Complete | ||
| 650 | 0 | |a Derivative securities. | |
| 650 | 6 | |a Instruments dérivés (Finances) | |
| 650 | 7 | |a Derivative securities |2 fast | |
| 700 | 1 | |a Bossu, Sebastien. | |
| 758 | |i has work: |a Derivatives essentials (Text) |1 https://id.oclc.org/worldcat/entity/E39PCGYRMfFddWYgbRyvWBDykC |4 https://id.oclc.org/worldcat/ontology/hasWork | ||
| 776 | 0 | 8 | |i Print version: |a Gottesman, Aron. |t Derivatives Essentials : An Introduction to Forwards, Futures, Options and Swaps. |d Somerset : Wiley, ©2016 |z 9781119280941 |
| 856 | 4 | 0 | |u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=4573585 |z Texto completo |
| 938 | |a Askews and Holts Library Services |b ASKH |n AH29152172 | ||
| 938 | |a Askews and Holts Library Services |b ASKH |n AH29152173 | ||
| 938 | |a EBL - Ebook Library |b EBLB |n EBL4573585 | ||
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