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Marlow

Option Pricing

Medium: Buch
ISBN: 978-0-471-43641-6
Verlag: John Wiley & Sons
Erscheinungstermin: 31.10.2001
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A intuitive and powerful approach to mastering one of the most important options trading tools
In 1997, the Nobel Prize in Economics was awarded for the work that led to Black-Scholes Options-Pricing Theory. Black-Scholes has become the dominant way of understanding the relationships among options prices, stock forecasts, and expected stock-market volatility. Option Pricing: Black-Scholes Made Easy, a book and interactive, animated tutorial, makes this sophisticated way of thinking accessible to everyday traders. Animations and simulations present the material in a simple, visual and interactive manner. They allow readers to understand easily and intuitively the concepts and outcomes of Black-Scholes and probability distributions. Black-Scholes Options-Pricing Theory revealed that investing in options is a probability game. Option Pricing: Black-Scholes Made Easy shows you your odds.
Jerry Marlow (New York, NY) is a freelance financial writer and marketing consultant. For investment firms, he creates marketing and educational presentation that bridge the gap between how sophisticated financial mangers think about investing and how the firms' clients think about investing.

"Option Pricing" - Ein bahnbrechendes Buch mit einer einzigartigen interaktiven Lern-CD. Autor Jerry Marlow erläutert hier Theorie und Praxis des Black-Scholes Modells zur Optionspreisbildung, indem er Text und interaktive Computeranimation miteinander verbindet. Er gibt eine detaillierte Einführung in die Grundlagen des Optionshandels, wobei er schwerpunktmäßig auf die Anwendung des Black-Scholes Modells, das Delta Hedging sowie andere fortgeschrittene Handelskonzepte eingeht. Mit diesem Buch lernen auch Sie, eines der wichtigsten und gleichzeitig schwierigsten Tools im Optionshandel erfolgreich in den Griff zu bekommen. "Option Pricing" plus CD: interaktiv, anschaulich, praxisnah - Black&Scholes leicht gemacht.


Produkteigenschaften


  • Artikelnummer: 9780471436416
  • Medium: Buch
  • ISBN: 978-0-471-43641-6
  • Verlag: John Wiley & Sons
  • Erscheinungstermin: 31.10.2001
  • Sprache(n): Englisch
  • Auflage: 1. Auflage 2001
  • Serie: Wiley Trading Series
  • Produktform: Kartoniert
  • Gewicht: 839 g
  • Seiten: 334
  • Format (B x H x T): 215 x 276 x 24 mm
  • Ausgabetyp: Kein, Unbekannt
Autoren/Hrsg.

Autoren

The True Logic of this World is in the Calculus of Probabilities.

Getting Up and Running.

Volatility.

Every Financial Forecast is a Probability Distribution.

Black-Scholes Asumptions (Part I).

Working with Geometric or Continuously Compounded Rates of Return.

Expected Return.

How Dividends Affect Price Paths and Forecasts.

Option Outcomes, Probability Distributions, and Expected Returns.

Option Pricing.

Black-Scholes Assumptions (Part II).

Value of Early Exercise of American Options.

Black's Approximation for Valuing American Options.

Sensitivity of Option Values to Changes in Volatility, Spot Price of Underlying, Time to Expiration, and Risk-Free Rates.

Using Options to Leverage Your Expected Return.

Black-Scholes Assumptions (Part III).

Using the Animations to Assess Option Opportunities.

What We Didn't Tell You.

Using the Animation to Sell Options to Others.

Risk Management and Value at Risk.

An Investment Strategy.

Navigating Through the Animations.Index.