AN INTRODUCTION TO OPTIONS TRADING FRANS DE WEERT PDF

By giving readers the necessary tools to understand exotic options, this book serves as a manual to equip the reader with the skills to price and risk manage the most common and the most complex exotic options. De Weert begins by explaining the risks associated with trading an exotic option before dissecting these risks through a detailed analysis of the actual economics and Greeks rather than solely stating the mathematical formulae. The book limits the use of mathematics to explain exotic options from an economic and risk perspective by means of real life examples leading to a practical interpretation of the mathematical pricing formulae. The book covers conventional options, digital options, barrier options, cliquets, quanto options, outperformance options and variance swaps, and explains difficult concepts in simple terms, with a practical approach that gives the reader a full understanding of every aspect of each exotic option.

Author:Dihn Arashikree
Country:Chad
Language:English (Spanish)
Genre:Environment
Published (Last):16 May 2008
Pages:112
PDF File Size:8.42 Mb
ePub File Size:2.4 Mb
ISBN:840-6-27953-227-1
Downloads:33844
Price:Free* [*Free Regsitration Required]
Uploader:Dusar



By giving readers the necessary tools to understand exotic options, this book serves as a manual to equip the reader with the skills to price and risk manage the most common and the most complex exotic options. De Weert begins by explaining the risks associated with trading an exotic option before dissecting these risks through a detailed analysis of the actual economics and Greeks rather than solely stating the mathematical formulae.

The book limits the use of mathematics to explain exotic options from an economic and risk perspective by means of real life examples leading to a practical interpretation of the mathematical pricing formulae. The book covers conventional options, digital options, barrier options, cliquets, quanto options, outperformance options and variance swaps, and explains difficult concepts in simple terms, with a practical approach that gives the reader a full understanding of every aspect of each exotic option.

The book also discusses structured notes with exotic options embedded in them, such as reverse convertibles, callable and puttable reverse convertibles and autocallables and shows the rationale behind these structures and their associated risks.

For each exotic option, the author makes clear why there is an investor demand; explains where the risks lie and how this affects the actual pricing; shows how best to hedge any vega or gamma exposure embedded in the exotic option and discusses the skew exposure. By explaining the practical implications for every exotic option and how it affects the price, in addition to the necessary mathematical derivations and tools for pricing exotic options, Exotic Options Trading removes the mystique surrounding exotic options in order to give the reader a full understanding of every aspect of each exotic option, creating a useable tool for dealing with exotic options in practice.

Although exotic options are not a new subject in finance, the coverage traditionally afforded by many texts is either too high level or overly mathematical.

It is a rigorous treatment of a number of exotic structures and includes numerous examples to clearly illustrate the principles. What makes this book unique is that it manages to strike a fantastic balance between the theory and actual trading practice. Although it may be something of an overused phrase to describe this book as compulsory reading, I can assure any reader they will not be disappointed.

Neil Schofield, Training Consultant and author of Commodity Derivatives: Markets and Applications Exotic Options Trading does an excellent job in providing a succinct and exhaustive overview of exotic options.

The real edge of this book is that it explains exotic options from a risk and economical perspective and provides a clear link to the actual profit and pricing formulae.

In short, a must read for anyone who wants to get deep insights into exotic options and start trading them profitably. Common terms in option theory are explained a

UN ACTOR SE PREPARA STANISLAVSKI LIBRO COMPLETO PDF

Older Browser Detected

By giving readers the necessary tools to understand exotic options, this book serves as a manual to equip the reader with the skills to price and risk manage the most common and the most complex exotic options. De Weert begins by explaining the risks associated with trading an exotic option before dissecting these risks through a detailed analysis of the actual economics and Greeks rather than solely stating the mathematical formulae. The book limits the use of mathematics to explain exotic options from an economic and risk perspective by means of real life examples leading to a practical interpretation of the mathematical pricing formulae. The book covers conventional options, digital options, barrier options, cliquets, quanto options, outperformance options and variance swaps, and explains difficult concepts in simple terms, with a practical approach that gives the reader a full understanding of every aspect of each exotic option. The book also discusses structured notes with exotic options embedded in them, such as reverse convertibles, callable and puttable reverse convertibles and autocallables and shows the rationale behind these structures and their associated risks. For each exotic option, the author makes clear why there is an investor demand; explains where the risks lie and how this affects the actual pricing; shows how best to hedge any vega or gamma exposure embedded in the exotic option and discusses the skew exposure. By explaining the practical implications for every exotic option and how it affects the price, in addition to the necessary mathematical derivations and tools for pricing exotic options, Exotic Options Trading removes the mystique surrounding exotic options in order to give the reader a full understanding of every aspect of each exotic option, creating a useable tool for dealing with exotic options in practice.

KISHOR S TRIVEDI PROBABILITY AND STATISTICS WITH RELIABILITY PDF

An Introduction to Options Trading

The simplicity of the language and exposition make it accessible to a wide spectrum of interested readers, especially to option traders. Although no rigorous mathematics is discussed in this book, the formulas used are well motivated and explained. Although people usually assume that this profit relates to bid-offer spreads, this book actually shows that there is a much more sophisticated way of making money when trading options. This book shows why investors use option structures to satisfy their needs, and what practical implications these option structures have on the trader. Throughout the book real-life examples will be used to explain the practicalities of options bringing the theory behind options to life. The book will give the reader an understanding of the incredible potential of making money through options and will equip him with the necessary tools to deal with options in practice.

BRX49 SCR PDF

Popular Book An Introduction to Options Trading For Trial

.

Related Articles