As the financial world grows more intricate and interlocked, exotic options are taking on greater importance as a way to tailor a financial instrument to meet specific needs. This text explains the theory and applications of virtually every type of exotic option.
Book Description
Editorial Reviews
From the Back Cover
Discover the Mechanics Behindand the Uses ofToday's Most Versatile and Profitable Tools.
For both risk hedging or capital appreciation, exotic options have become the ideal investment for many different classes of investors, including: Traders fighting for maximum return potential with lowered risk; Corporate executives looking to hedge risk in their foreign currency exposure; Derivatives dealers seeking dynamic new products to offer their clients; Investors who wish to take positions on the equity markets. But what are the different types of exotic options, which types work best for different situations, and exactly how is each one traded? Pricing, Hedging, and Trading Exotic Options cuts straight to the point, clearly explaining the theory and application of virtually every type of exotic option. In this long-awaited, remarkably comprehensive reference, leading exotic options authority Israel Nelken provides detailed explanations and step-by-step trading scenarios for over 20 types of exotic options, including: Barrier Options; Quanto Options; Basket Options; Spread Options; Chooser Options; Compound Options; Asian Options; Bermudan Options; Binary Options; Ladder Options; One Touch Options; Shout Options; Forward Start Options; Contingent Premium Options, Caps, and Floors; Ratchet Options; Double Barrier Options; Lookback Options; Interest Rate Options; Outperformance Options; Correlation and Rainbow Options. Discover which types of exotic options are designed for your specific market requirementsand how to put them to work for you todaywith Israel Nelken's Pricing, Hedging, and Trading Exotic Options.
Product Details
Would you like to update product info or give feedback on images?
|
More About the Author
Discover books, learn about writers, read author blogs, and more.
Customer Reviews
|
Share your thoughts with other customers:
|
||||||||||||||||||||||
|
Most Helpful Customer Reviews
4 of 7 people found the following review helpful:
4.0 out of 5 stars
Explains Motivation for Using Exotic Options,
This review is from: Pricing, Hedging, & Trading Exotic Options (Irwin Library of Investment & Finance) (Hardcover)
This book does a very nice job of both explaining how exotic options work and one's motivation for using complex derivatives. Good graphs, appropriate use of equations, and plenty of actual market-based examples.
2 of 7 people found the following review helpful:
4.0 out of 5 stars
good book for beginners in exotic options,
By b.j. mol (amsterdam, nh Netherlands) - See all my reviews
This review is from: Pricing, Hedging, & Trading Exotic Options (Irwin Library of Investment & Finance) (Hardcover)
good functional book. keeps things simple
Share your thoughts with other customers: Create your own review
|
|
Front Cover | Front Flap | Table of Contents | First Pages | Index | Back Flap | Back Cover | Surprise Me!
Inside This Book
(learn more)
First Sentence:
Before beginning our study of exotic options which are complicated derivatives with bizarre names such as: Lookback, Choosen, Compound, Asian, etc., we need to ask ourselves a question. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
flexo option, geometric average option, outperformance option, interest rate tree, lookback call, quanto option, basket option, par curve, entire yield curve, rainbow options, lookback options, barrier options, early exercise premium, exotic options, bull spread, underlying ends, noncallable bond, percent volatility, box trade, binary option, short volatility, underlying moves, digital option, barrier event, underlying declines Key Phrases - Capitalized Phrases (CAPs): (learn more)
Binary Risky European, Double Barrier American, European Gap, Monte Carlo, Gap Lookback, Collar Compound, United States, New York, Price Delta, Quarto Chooser, Bank of China, Binary Path Hit, Risk Magazine New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Front Flap | Table of Contents | First Pages | Index | Back Flap | Back Cover | Surprise Me!
Before beginning our study of exotic options which are complicated derivatives with bizarre names such as: Lookback, Choosen, Compound, Asian, etc., we need to ask ourselves a question. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
flexo option, geometric average option, outperformance option, interest rate tree, lookback call, quanto option, basket option, par curve, entire yield curve, rainbow options, lookback options, barrier options, early exercise premium, exotic options, bull spread, underlying ends, noncallable bond, percent volatility, box trade, binary option, short volatility, underlying moves, digital option, barrier event, underlying declines Key Phrases - Capitalized Phrases (CAPs): (learn more)
Binary Risky European, Double Barrier American, European Gap, Monte Carlo, Gap Lookback, Collar Compound, United States, New York, Price Delta, Quarto Chooser, Bank of China, Binary Path Hit, Risk Magazine New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Front Flap | Table of Contents | First Pages | Index | Back Flap | Back Cover | Surprise Me!
Citations (learn more)
This book cites 6
books:
See all 6 books this book cites
4
books
cite this book:
- Risk Management and Financial Derivative (Finance and Capital Markets Series) by Das in Front Matter
- Risk Management by Michel Crouhy in Front Matter
- Pricing and Managing Exotic and Hybrid Options by Vineer Bhansali in Front Matter
- Valuing Intangible Assets by Jr., Robert Reilly in Front Matter
- Managing Financial Risk: A Guide to Derivative Products, Financial Engineering, and Value Maximization by Charles Smithson in Front Matter
See all 6 books this book cites
- Energy and Power Risk Management: New Developments in Modeling, Pricing and Hedging by Alexander Eydeland in Back Matter
- The Eurodollar Futures and Options Handbook (McGraw-Hill Library of Investment and Finance) by Galen Burghardt in Front Matter
- The Complete Arbitrage Deskbook by Stephane Reverre in Front Matter
- Quantitative Business Valuation: A Mathematical Approach for Today's Professionals by Jay B. Abrams in Front Matter
Books on Related Topics
(learn more)
|
|
Suggested Tags from Similar Products(What's this?)Be the first one to add a relevant tag (keyword that's strongly related to this product).
|
Sell a Digital Version of This Book in the Kindle Store
If you are a publisher or author and hold the digital rights to a book, you can sell a digital version of it in our Kindle Store.
Learn more
Listmania!
|
|
