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Option Pricing by J. Marlow
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    • Product code: 14741
    • ISBN: 0471436410, ISBN13: 9780471436416, 352 pages, Disk + Hb
      Published by John Wiley & Sons Inc on 2002 , 1st
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    Description of Option Pricing

    A intuitive and powerful approach to mastering one of the most important options trading tools In 1997, the Nobel Prize in Economics was awarded for the work that led to Black-Scholes Options-Pricing Theory. Black-Scholes has become the dominant way of understanding the relationships among options prices, stock forecasts, and expected stock-market volatility. Option Pricing: Black-Scholes Made Easy, a book and interactive, animated tutorial, makes this sophisticated way of thinking accessible to everyday traders. Animations and simulations present the material in a simple, visual and interactive manner. They allow readers to understand easily and intuitively the concepts and outcomes of Black-Scholes and probability distributions. Black-Scholes Options-Pricing Theory revealed that investing in options is a probability game. Option Pricing: Black-Scholes Made Easy shows you your odds. Jerry Marlow (New York, NY) is a freelance financial writer and marketing consultant. For investment firms, he creates marketing and educational presentation that bridge the gap between how sophisticated financial mangers think about investing and how the firms' clients think about investing.

    Contents of Option Pricing

    1. The True Logic of this World is in the Calculus of Probabilities
    2. Getting Up and Running
    3. Volatility
    4. Every Financial Forecast is a Probability Distribution
    5. Black-Scholes Asumptions (Part I).
    6. Working with Geometric or Continuously Compounded Rates of Return
    7. Expected Return
    8. How Dividends Affect Price Paths and Forecasts
    9. Option Outcomes, Probability Distributions, and Expected Returns
    10. Option Pricing
    11. Black-Scholes Assumptions (Part II)
    12. Value of Early Exercise of American Options
    13. Black's Approximation for Valuing American Options
    14. Sensitivity of Option Values to Changes in Volatility, Spot Price of Underlying, Time to Expiration, and Risk-Free Rates
    15. Using Options to Leverage Your Expected Return
    16. Black-Scholes Assumptions (Part III)
    17. Using the Animations to Assess Option Opportunities
    18. What We Didn't Tell You
    19. Using the Animation to Sell Options to Others
    20. Risk Management and Value at Risk
    21. An Investment Strategy
    22. Navigating Through the Animations

    About J. Marlow

    JERRY MARLOW is a freelance financial writer and marketing consultant. For investment firms he creates marketing and educational presentations that bridge the gap between how sophisticated financial managers and the firms' clients think about investing. Marlow lives in New York City.

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