| Preface |
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| PART 1---THEORY |
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Introduction: Options and Options Markets |
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3 |
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Basic Price Relationships and Basic Trading
Strategies |
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20 |
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Theoretical Valuation Models |
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77 |
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The Early Exercise Feature of American
Options |
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135 |
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| PART 2---APPLICATIONS |
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187 |
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Interest Rate Caps and Floors |
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220 |
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Options on Foreign Currencies |
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281 |
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Options on Interest Sensitive Securities |
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314 |
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Option Features of Corporate Securities |
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357 |
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The Option Feature in Mortagages |
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415 |
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Portfolio Insurance and Option Replication
Strategies |
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454 |
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| PART 3---IMPLEMENTATION |
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Marketmaking in Options: Principles and
Implications |
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485 |
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516 |
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An Introduction to Numerical Methods in
Option Pricing |
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538 |
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| Index |
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574 |
| Contributors |
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580 |