Financial Options: From Theory to Practice

by Stephen Figlewski, Marti Subrahmanyam, William Silber, et al.

Book Overview

Discover how to make more profitable trades! Financial Options explains option valuation theories with little math and shows you how they apply to actual trading practices and market moves. In... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 155623872X
• ISBN13: 9781556238727
• Release Date: June 1992
• Publisher: McGraw-Hill Companies
• Length: 580 Pages
• Weight: 1.75 lbs.
• Dimensions: 1.0" x 6.0" x 9.0"

Customer Reviews

Great book!

This book explains how to assign a value to options in understandable terms. Some knowledge of calculus is helpful but not necessary to grasp the concepts. Equations are given for those interested.A number of example portfolios consisting of calls and/or puts are given. Each portfolio is described in terms of aggressive or conservative, sensitivity to volatility, and performance relative to movements in the underlying stock. Graphs show the current and expiration date values of the portfolio versus the price of the underlying stock.Baxter's book, "Financial Calculus: An Introduction to Derivative Pricing", concentrates on the math. This book puts its emphasis on trading strategies.