Author:
John C. Hull

ISBN 13:
9780136103226

ISBN 10:
136103227

Edition:
7

Publisher:
Pearson

Publication Date:
2010-03-14

Format:
Hardcover

Pages:
624

List Price:
$237.80

Fundamentals of Futures and Options Markets presents an accessible and student-friendly overview of the topic without the use of calculus.

Introduction; Mechanics of Futures and Forward Markets; Hedging Strategies Using Futures; Interest Rates; Determination of Forward and Futures Prices; Interest Rate Futures; Swaps; Securitization and the Credit Crisis of 2007; Mechanics of Options Markets; Properties of Stock Options; Trading Strategies Involving Options; Introduction to Binomial Trees; Valuing Stock Options: The Black-Scholes-Merton Model; Employee Stock Options; 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.

For practitioners who want to improve their understanding of futures and options markets.