Options: An Introduction [Paperback]

Robert W. Kolb (Author)

Book Description

Publication Date: June 1995 | ISBN-10: 1557867518 | ISBN-13: 978-1557867513 | Edition: 2nd

This revised edition not only provides the same comprehensive introduction as the first edition, but also includes: expanded treatment of option strategies; complete treatment of option sensitivities (DELTA), and thorough treatment of European and American options in two separate chapters; and treatment of options on futures, foreign currency option and options on stock indexes. The text comes with OPTION! software. Major improvements to the software include: the ability to write graphs to the hard drive for printing; European and US binominal model pricing with dividends (proportional payouts, continuous payouts, and specific dollar payouts); the Barone-Adesi and Whaley analytic approximation for American options (with graphs); exact American option pricing (with graphs); complete analysis of option sensitivities (with graphs).

Editorial Reviews

From the Back Cover

Options: An Introduction is a completely revised edition which not only provides the same comprehensive introduction as the first edition, but also includes expanded treatment of option strategies, complete treatment of option sensitivities (DELTA, etc.) thorough treatment of European and American options in two separate chapters, and expanded treatment of options on futures, foreign currency options, and options on stock indexes. As with the first edition, the text comes with OPTION! software.

Major improvements to the software include:

• The ability to write graphs to the hard drive for printing
• European and American binomial model pricing with dividends (proportional payouts, continuous payouts, and specific dollar payouts)
• The Barone-Adesi and Whaley analytic approximation for American options (with graphs)
• Exact American option pricing (with graphs)
• Complete analysis of option sensitivities (with graphs).

An Instructor's Manual is available to adopters. --This text refers to an alternate Paperback edition.

Product Details

• Paperback: 384 pages
• Publisher: Blackwell Pub; 2nd edition (June 1995)
• Language: English
• ISBN-10: 1557867518
• ISBN-13: 978-1557867513
• Product Dimensions: 10.2 x 7.2 x 1 inches
• Shipping Weight: 1.6 pounds

More About the Author

Robert W. Kolb

Kolb holds two Ph.D.s from the University of North Carolina at Chapel Hill (philosophy 1974, finance 1978) and has been a finance professor at the University of Florida, Emory University, the University of Miami, the University of Colorado, and currently at Loyola University Chicago, where he holds the Considine Chair of Applied Ethics.

Kolb's recent writings include Understanding Futures Markets 6e, and Futures, Options, and Swaps 5e, co-authored with James A. Overdahl. Edited volumes include The Ethics of Executive Compensation, The Ethics of Genetic Commerce, Corporate Retirement Security: Social and Ethical Issues, Corporate Boards: Managers of Risk, Sources of Risk, and the Encyclopedia of Business Ethics and Society, a five-volume 1.5 million word work. Bob recently published Lessons from the Financial Crisis: Causes, Consequences, and Our Economic Future. Current projects include: Employee Stock Options: Financial, Social, and Ethical Issues and The Financial Crisis of Our Time, forthcoming from John Wiley & Sons, Inc. and Oxford University Press, respectively.

Bob also is the sponsoring editor for the Robert W. Kolb Series in Finance:

http://www.wiley.com/WileyCDA/Section/id-397613.html

Also, visit Bob's web pages:

Academic and professional: http://www.RobertWKolb.com

Photographic: http://www.kolbphoto.com