Fundamentals of Futures and Options Markets

by Hull, John C.

• ISBN13: 9780132242264
• ISBN10: 0132242265
• Edition: 6th
• Format: Hardcover
• Copyright: 2007-06-01
• Publisher: Pearson College Div

Summary

Updated and revised to reflect the most current information, this introduction to futures and options markets is ideal for those with a limited background in mathematics.Based on Hull'sOptions, Futures and Other Derivatives,one of the best-selling books on Wall Street, this book presents an accessible overview of the topicwithout the use of calculus.Packed with numerical samples and accounts of real-life situations, the Fifth Edition effectively guides readers through the material while providing them with a host of tangible examples.For professionals with a career in futures and options markets, financial engineering and/or risk management.

Table of Contents

Preface

Introduction

Mechanics of Futures and Forward Markets

Hedging Strategies Using Futures

Interest Rates Determination of Forward and Futures Prices

Interest Rate Futures

Swaps Mechanics of Options

Markets Properties of Stock Options

Trading Strategies

Involving Options

Introduction to Binomial Trees

Valuing Stock Options: The Black-Scholes Model

Options on Stock Indices and Currencies

Futures Options

The Greek Letters

Binomial Trees in Practice Volatility Smiles

Value at Risk

Interest-Rate Options

Exotic Options and Other

Non-Standard Instruments

Credit Derivatives

Insurance, Weather, Energy, and Credit Derivatives

Derivatives Disasters and What We Can Learn From Them

Glossary of Terms DerivaGem Software Major Exchanges Trading Futures and Options Table for N(x) when x<0 Table for N(x) when x>0 Index

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