Produktbild: Options in Volatile Markets

Options in Volatile Markets Managing Volatility and Protecting Against Catastrophic Risk

Aus der Reihe Bloomberg Professional

55,99 €

inkl. gesetzl. MwSt., Versandkostenfrei


Beschreibung

Produktdetails

Einband

Gebundene Ausgabe

Erscheinungsdatum

09.08.2011

Verlag

John Wiley & Sons Inc

Seitenzahl

224

Maße (L/B/H)

23,5/15,7/1,7 cm

Gewicht

487 g

Auflage

2nd edition

Sprache

Englisch

ISBN

978-1-118-02226-9

Beschreibung

Produktdetails

Einband

Gebundene Ausgabe

Erscheinungsdatum

09.08.2011

Verlag

John Wiley & Sons Inc

Seitenzahl

224

Maße (L/B/H)

23,5/15,7/1,7 cm

Gewicht

487 g

Auflage

2nd edition

Sprache

Englisch

ISBN

978-1-118-02226-9

Herstelleradresse

Libri GmbH
Europaallee 1
36244 Bad Hersfeld
DE

Email: GPSR Kontakt

Noch keine Bewertungen vorhanden

Verfassen Sie die erste Bewertung zu diesem Artikel

Helfen Sie anderen Kundinnen und Kunden durch Ihre Meinung.

Kundinnen und Kunden meinen

Bewertungen (0)

Die Leseprobe wird geladen.
  • Produktbild: Options in Volatile Markets
  • Preface xi
     
    INTRODUCTION
     
    The "New Normal" in Equity Investing 1
     
    CHAPTER 1
     
    Option Basics 7
     
    What Are Options? 7
     
    Exercise and Assignment 14
     
    Positions 17
     
    How Options Are Traded 19
     
    Options in Your Account 22
     
    CHAPTER 2
     
    Option Pricing and Valuation 25
     
    Option Premium 25
     
    Theoretical Value 27
     
    Time Value 28
     
    Volatility 31
     
    Interest Rates 32
     
    Dividends 32
     
    Calls versus Puts 33
     
    Option Skews and Anomalies 34
     
    CHAPTER 3
     
    The Basics of Covered Call Writing 37
     
    Requirements for "Valid" Covered Writes 38
     
    Risk/Reward of a Covered Write 39
     
    Calculating Potential Returns 46
     
    Major Factors Affecting Call-Writing Returns 48
     
    Covered Writing as an Ongoing Strategy 54
     
    Summing Up Covered Writing 57
     
    CHAPTER 4
     
    Implementing Covered Call Writing 59
     
    Follow-Up Actions 59
     
    Behavioral Issues 69
     
    Differing Approaches 70
     
    Selecting Calls to Write 77
     
    Risks 80
     
    Basic Tax Rules for Options 81
     
    Summing Up Implementation 84
     
    CHAPTER 5
     
    Advanced Call-Writing Techniques 87
     
    Writing Calls on "Hot" Stocks 88
     
    Tax Deferral Strategies 89
     
    Covered Writing on Margin 90
     
    Covered Writing against Securities Other Than Stock 93
     
    Partial Writing, Mixed Writing, and Ratio Writing 98
     
    Put Writing 103
     
    Expiration Games 106
     
    Option-Stock Arbitrage 108
     
    CHAPTER 6
     
    Basic Put Hedging 111
     
    Put Hedge Basics 111
     
    Advantages 115
     
    Disadvantages 116
     
    Behavioral Implications 123
     
    Put Hedge versus Covered Call 127
     
    Hedging against Catastrophic Risk 129
     
    CHAPTER 7
     
    Advanced Hedging Strategies 131
     
    Put Hedge Follow-Ups 131
     
    Using Put Spreads to Hedge 137
     
    Collars 145
     
    Conclusions on Protective Option Strategies 151
     
    CHAPTER 8
     
    Options on ETFs 153
     
    ETFs in a Nutshell 154
     
    ETF Options 158
     
    Covered Call Writing on ETFs 159
     
    Our Put Hedge and Collar Study on SPY 162
     
    Appendix: Partial List of ETFs with Listed Options 165
     
    CHAPTER 9
     
    Volatility and Volatility Derivatives 171
     
    What Is Volatility? 171
     
    Using VIX as a Market Indicator 173
     
    Volatility Futures 179
     
    Variance Futures 181
     
    The Behavior of VIX Futures 183
     
    VIX Options 191
     
    VIX Option Strategies 199
     
    The Future 204
     
    Acknowledgments 205
     
    About the Authors 206
     
    Index 207