Introduction
1 Contract Settlement and Cash Flow
2 Forward Pricing
3 Contract Specifications and Terminology
4 Expiration Profit and Loss
5 Theoretical Evaluation
6 Volatility
7 Risk Measurement
8 Delta Neutral Positions and Dynamic Hedging
9 The Dynamics of Risk
10 preading Strategies
11 ynthetic Equivalents
12 ynthetic Pricing and Arbitrage
13 Early Exercise of American Options
14 The Black-Scholes Model
15 Binomial Pricing
16 Hedging Strategies
17 Models and the Real World
18 kewness and Kurtosis
19 tock Indexes
20 Risk Analysis
Appendix: Useful Formulas and Relationships
Answer Key
54.165.122.173