1 / 34
文档名称:

曼彻斯特商学院课件-期权.doc

格式:doc   大小:126KB   页数:34页
下载后只包含 1 个 DOC 格式的文档,没有任何的图纸或源代码,查看文件列表

如果您已付费下载过本站文档,您可以点这里二次下载

分享

预览

曼彻斯特商学院课件-期权.doc

上传人:sanshengyuanting 2018/6/6 文件大小:126 KB

下载得到文件列表

曼彻斯特商学院课件-期权.doc

相关文档

文档介绍

文档介绍:Reading
Hull Chapter 1: Perhaps re-read the section on options which is in sections 13>.5 – 1,10.
Hull Chapter 7: This starts with the basics of options and then goes on into the specific details of trading. Read up to for the crucial details and the rest if you’re still interested.
Hull Chapter 8: This is quite interesting but perhaps a little technical at this point in time. The most important part as regards the lecture is and perhaps . is interesting to see the crucial factors in determining the price of an option and will be useful for future reference (. the last two weeks).
Hull Chapter 9: Quite a nice chapter explaining options strategies, I’m going to work through a sample of these in class so it may be useful to famililiarise yourselves with the principal strategies.
Reading
HBR Article: Stock options have had a very negative press of late and here we have Nobel prize winner Robert Merton and other high-profile academics discussing some of the issues and argue for stock options to be put on the balance sheet. This will e into force at the start of 2005.
Futures contracts are contracts which cost nothing to enter. This is because if you are in the long position you gain when the spot price of the underlying asset, S, rises, you also lose when the price goes down (and vice versa with the short position).
An option is similar in many ways to a futures contract in that you have the right to buy (or sell) at a certain price in the future (this time it is called the exercise price). However, the principal difference is that you don’t have the obligation to buy at this price – you have the option as whether or not you choose to buy (or sell) at this price.
Clearly you will have to pay some premium for this privilege. How much?
Options: Introduction
Why options?
Options can again be used for three main purposes: hedging, speculating and arbitraging.
An option enables you to hedge against adverse market movements (. price of oil,

最近更新

2025年护士岗位调动申请书 11页

2025年护士医院面试自我介绍一分钟 4页

单离香料对黄曲霉的气相熏杀作用研究(英文) 3页

2025年抖音最火语句 8页

单克隆抗体杂交瘤技术研究中的几个问题 3页

华南地区温泉地震和活动性断裂关系的研究 3页

2025年混凝土施工方案万景 14页

2025年找工作面试自我介绍 28页

区域旅游发展战略的理论和案例研究 3页

北京召开了地下水人工补给学术讨论会 3页

化学气相沉积法生长石墨烯的研究 3页

动铁式交流弧焊机最优化设计计算的研究(四) 3页

2025年房屋出租变更合同 7页

2025年户外运动感悟的心得体会 50页

2025年我的闹钟作文 7页

利用天敌昆虫防治棉花害虫的初步研究 3页

2025年我的理想六年级作文 12页

2025年深圳市财政农业专项资金项目申报书 18页

2025年我的家乡山西作文600字 13页

2025年我的厨师老爸作文 4页

高分突破教材全解 5页

2024版八年级下册英语模拟试卷 7页

白酒酒庄运营商业计划书 4页

自愿离婚协议书电子版可打印 4页

初中语文中考作文辅导--让你的语言文采飞扬省.. 22页

小学歌唱教学促进学生审美能力问卷调查报告范.. 2页

阴极电泳漆生产工艺技术进展及当前发展趋势 6页

重庆市南岸区政府投资项目管理办法(试行)南岸.. 30页

绍兴市迪荡河湖治理工程环境影响报告书 17页

基于PLC自动售货机控制系统设计 42页