In "Option Pricing and Investment Strategies", the author provides professional investors, traders and portfolio managers with explanations of options pricing theory and technology and shows how both theory and technique can be applied to real world investment and financial strategies. He illustrates clearly how options are used for speculation, hedging and arbitrage of equity, fixed income and futures positions. Some of the subjects covered in this important work include: the theory and properties of options; how options are created and priced; measuring exposure to option positions; how to find and exploit mispriced options; creating options through dynamic trading strategies; examining option pricing models; understanding how embedded options work; options in mortgaged backed securities; portfolio insurance and option strategies and risk exposure measures (delta and gamma).
- ISBN10 0077073797
- ISBN13 9780077073794
- Publish Date 30 March 1991
- Publish Status Active
- Out of Print 14 July 1994
- Publish Country GB
- Publisher McGraw-Hill Education - Europe
- Imprint McGraw-Hill Publishing Co.
- Edition 3rd Revised edition
- Format Hardcover
- Pages 256
- Language English