This book provides detailed but flexible coverage of options, futures, forwards, swaps, and risk management - as well as a solid introduction to pricing, trading, and strategy - allows instructors to selectively tailor inclusion of topics/chapters to fit the length of the course.
PART I: OPTIONS. 2: Structure of Options Markets. 3: Principles of Option Pricing. 4: Option Pricing Models: The Binomial Model. 5: Option Pricing Models: The Black-Scholes-Merton Model. 6: Basic Option Strategies. 7: Advanced Option Strategies. PART II: FORWARDS, FUTURES, AND SWAPS. 8: The Structure of Forward and Futures Markets. 9: Principles of Pricing Forwards, Futures, and Options on Futures. 10: Futures Arbitrage Strategies. 11: Forward and Futures hedging, Spread, and Target Strategies. 12: Swaps. PART III: ADVANCED TOPICS. 13: Interest Rate Forwards and Options. 14: Advanced Derivatives and Strategies. 15: Financial Risk Management Techniques and Applications. 16: Managing Risk in an Organization.