Options:
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Malden, MA [u.a.]
Blackwell
1997
|
| Ausgabe: | 3. ed. |
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | XV, 347 S. graph. Darst. 1 Diskette (3,5") |
| ISBN: | 157718064X |
Internformat
MARC
| LEADER | 00000nam a2200000 c 4500 | ||
|---|---|---|---|
| 001 | BV011532214 | ||
| 003 | DE-604 | ||
| 005 | 19970915 | ||
| 007 | t | ||
| 008 | 970915s1997 d||| |||| 00||| eng d | ||
| 020 | |a 157718064X |9 1-57718-064-X | ||
| 035 | |a (OCoLC)35151302 | ||
| 035 | |a (DE-599)BVBBV011532214 | ||
| 040 | |a DE-604 |b ger |e rakddb | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-703 |a DE-19 |a DE-11 | ||
| 050 | 0 | |a HG6024.A3 | |
| 082 | 0 | |a 332.63/728 |2 20 | |
| 084 | |a QK 620 |0 (DE-625)141668: |2 rvk | ||
| 084 | |a QK 650 |0 (DE-625)141674: |2 rvk | ||
| 100 | 1 | |a Kolb, Robert W. |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a Options |c Robert W. Kolb |
| 250 | |a 3. ed. | ||
| 264 | 1 | |a Malden, MA [u.a.] |b Blackwell |c 1997 | |
| 300 | |a XV, 347 S. |b graph. Darst. |e 1 Diskette (3,5") | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 650 | 7 | |a Opties |2 gtt | |
| 650 | 4 | |a Mathematisches Modell | |
| 650 | 4 | |a Options (Finance) |x Prices |x Mathematical models | |
| 650 | 0 | 7 | |a Optionspreis |0 (DE-588)4115453-8 |2 gnd |9 rswk-swf |
| 689 | 0 | 0 | |a Optionspreis |0 (DE-588)4115453-8 |D s |
| 689 | 0 | |5 DE-604 | |
| 856 | 4 | 2 | |m HBZ Datenaustausch |q application/pdf |u http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=007761733&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |3 Inhaltsverzeichnis |
| 999 | |a oai:aleph.bib-bvb.de:BVB01-007761733 | ||
Datensatz im Suchindex
| _version_ | 1804126053572018176 |
|---|---|
| adam_text | Contents
Preface ix
Acknowledgments xiii
Chapter 1 The Options Market 1
Introduction 1
What Is an Option? 2
An Option Example 2
Moneyness 3
American and European Options 4
Why Trade Options? 4
The Option Contract 5
The Options Market 5
Option Trading Procedures 12
The Clearinghouse 18
Margins 19
Commissions 21
Taxation 21
The Organization of the Text 23
OPTION! Software 24
Summary 24
Questions and Problems 24
Notes 25
Chapter 2 Option Payoffs and
Strategies 27
Introduction 27
Stocks and Bonds 28
Arbitrage 30
Option Notation 31
European and American Option Values
at Expiration 32
Buy or Sell a Call Option 32
Call Options at Expiration and Arbitrage 36
Buy or Sell a Put Option 37
Moneyness 40
Option Combinations 41
Combining Options with Bonds and
Stocks 60
Summary 74
Questions and Problems 74
Notes 76
Chapter 3 Bounds on Option Prices 79
Introduction 79
The Boundary Space for Call and Put
Options 79
Relationships Between Call Option
Prices 82
Relationships Between Put Option Prices 90
Option Prices and the Interest Rate 99
Option Prices and Stock Price
Movements 101
Option Prices and the Riskiness of Stocks 104
Summary 106
Questions and Problems 107
Notes 108
Chapter 4 European Option Pricing 111
Introduction 111
vii
viii
The Single Period Binomial Model 111
The Multi Period Binomial Model 115
Binomial Put Option Pricing 119
Stock Price Movements 120
The Binomial Approach to the Black
Scholes Model 125
The Black Scholes Option Pricing Model 126
Inputs for the Black Scholes Model 130
European Options and Dividends 134
Tests of the Option Pricing Model 144
Summary 146
Questions and Problems 147
Notes 148
Chapter 5 Option Sensitivities and
Option Hedging 153
Introduction 153
Option Sensitivities in the Merton and
Black Scholes Models 153
DELTA 155
DELTA Neutral Positions 159
THETA 161
VEGA 163
RHO 164
GAMMA 165
Creating Neutral Portfolios 170
Option Sensitivities and Option Trading
Strategies 172
Summary 184
Questions and Problems 185
Note 186
Chapter 6 American Option Pricing 187
Introduction 187
American versus European Options 187
Pseudo American Call Option Pricing 191
Exact American Call Option Pricing 192
Analytical Approximations of American
Option Prices 196
The Binomial Model and American
Option Prices 200
Summary 212
Questions and Problems 213
Notes 214
Contents
Chapter 7 Options on Stock Indexes,
Foreign Currency, and Futures 215
Introduction 215
European Option Pricing 216
Option Sensitivities 223
Pricing American Options 225
Summary 237
Questions and Problems 239
Notes 239
Chapter 8 The Options Approach to
Corporate Securities 241
Introduction 241
Equity and a Pure Discount Bond 242
Senior and Subordinated Debt 246
Callable Bonds 247
Convertible Bonds 249
Warrants 250
Summary 251
Questions and Problems 252
Notes 253
Chapter 9 Exotic Options 255
Introduction 255
Assumptions of the Analysis and the
Pricing Environment 256
Forward Start Options 256
Compound Options 258
Chooser Options 262
Barrier Options 266
Binary Options 274
Lookback Options 281
Average Price Options 284
Exchange Options 288
Rainbow Options 290
Summary 299
Questions and Problems 300
Notes 301
OPTION! Installation and Quick Start 303
Exercises for OPTION! 315
Appendix 339
Index 341
|
| any_adam_object | 1 |
| author | Kolb, Robert W. |
| author_facet | Kolb, Robert W. |
| author_role | aut |
| author_sort | Kolb, Robert W. |
| author_variant | r w k rw rwk |
| building | Verbundindex |
| bvnumber | BV011532214 |
| callnumber-first | H - Social Science |
| callnumber-label | HG6024 |
| callnumber-raw | HG6024.A3 |
| callnumber-search | HG6024.A3 |
| callnumber-sort | HG 46024 A3 |
| callnumber-subject | HG - Finance |
| classification_rvk | QK 620 QK 650 |
| ctrlnum | (OCoLC)35151302 (DE-599)BVBBV011532214 |
| dewey-full | 332.63/728 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 332 - Financial economics |
| dewey-raw | 332.63/728 |
| dewey-search | 332.63/728 |
| dewey-sort | 3332.63 3728 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| edition | 3. ed. |
| format | Book |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>01396nam a2200397 c 4500</leader><controlfield tag="001">BV011532214</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">19970915 </controlfield><controlfield tag="007">t</controlfield><controlfield tag="008">970915s1997 d||| |||| 00||| eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">157718064X</subfield><subfield code="9">1-57718-064-X</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)35151302</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV011532214</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rakddb</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-703</subfield><subfield code="a">DE-19</subfield><subfield code="a">DE-11</subfield></datafield><datafield tag="050" ind1=" " ind2="0"><subfield code="a">HG6024.A3</subfield></datafield><datafield tag="082" ind1="0" ind2=" "><subfield code="a">332.63/728</subfield><subfield code="2">20</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">QK 620</subfield><subfield code="0">(DE-625)141668:</subfield><subfield code="2">rvk</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">QK 650</subfield><subfield code="0">(DE-625)141674:</subfield><subfield code="2">rvk</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Kolb, Robert W.</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Options</subfield><subfield code="c">Robert W. Kolb</subfield></datafield><datafield tag="250" ind1=" " ind2=" "><subfield code="a">3. ed.</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Malden, MA [u.a.]</subfield><subfield code="b">Blackwell</subfield><subfield code="c">1997</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">XV, 347 S.</subfield><subfield code="b">graph. Darst.</subfield><subfield code="e">1 Diskette (3,5")</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">n</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">nc</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">Opties</subfield><subfield code="2">gtt</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Mathematisches Modell</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Options (Finance)</subfield><subfield code="x">Prices</subfield><subfield code="x">Mathematical models</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Optionspreis</subfield><subfield code="0">(DE-588)4115453-8</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="689" ind1="0" ind2="0"><subfield code="a">Optionspreis</subfield><subfield code="0">(DE-588)4115453-8</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2=" "><subfield code="5">DE-604</subfield></datafield><datafield tag="856" ind1="4" ind2="2"><subfield code="m">HBZ Datenaustausch</subfield><subfield code="q">application/pdf</subfield><subfield code="u">http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=007761733&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA</subfield><subfield code="3">Inhaltsverzeichnis</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-007761733</subfield></datafield></record></collection> |
| id | DE-604.BV011532214 |
| illustrated | Illustrated |
| indexdate | 2024-07-09T18:11:20Z |
| institution | BVB |
| isbn | 157718064X |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-007761733 |
| oclc_num | 35151302 |
| open_access_boolean | |
| owner | DE-703 DE-19 DE-BY-UBM DE-11 |
| owner_facet | DE-703 DE-19 DE-BY-UBM DE-11 |
| physical | XV, 347 S. graph. Darst. 1 Diskette (3,5") |
| publishDate | 1997 |
| publishDateSearch | 1997 |
| publishDateSort | 1997 |
| publisher | Blackwell |
| record_format | marc |
| spelling | Kolb, Robert W. Verfasser aut Options Robert W. Kolb 3. ed. Malden, MA [u.a.] Blackwell 1997 XV, 347 S. graph. Darst. 1 Diskette (3,5") txt rdacontent n rdamedia nc rdacarrier Opties gtt Mathematisches Modell Options (Finance) Prices Mathematical models Optionspreis (DE-588)4115453-8 gnd rswk-swf Optionspreis (DE-588)4115453-8 s DE-604 HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=007761733&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Kolb, Robert W. Options Opties gtt Mathematisches Modell Options (Finance) Prices Mathematical models Optionspreis (DE-588)4115453-8 gnd |
| subject_GND | (DE-588)4115453-8 |
| title | Options |
| title_auth | Options |
| title_exact_search | Options |
| title_full | Options Robert W. Kolb |
| title_fullStr | Options Robert W. Kolb |
| title_full_unstemmed | Options Robert W. Kolb |
| title_short | Options |
| title_sort | options |
| topic | Opties gtt Mathematisches Modell Options (Finance) Prices Mathematical models Optionspreis (DE-588)4115453-8 gnd |
| topic_facet | Opties Mathematisches Modell Options (Finance) Prices Mathematical models Optionspreis |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=007761733&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| work_keys_str_mv | AT kolbrobertw options |