TAILIEUCHUNG - Thị trường tài chính và các định chế tài chính_ Chapter 14

Tài liệu môn Thị trường tài chính và các định chế tài chính- Chapters 14 Options Markets dành cho các bạn sinh viên, học viên đang theo học ngành kinh tế, chuyên ngành tài chính: tài chính doanh nghiệp, taì chính ngân hàng, tài chính tiền tệ. | Chapter 14 Options Markets Financial Markets and Institutions, 7e, Jeff Madura Copyright ©2006 by South-Western, a division of Thomson Learning. All rights reserved. Chapter Outline Background on options Speculating with stock options Determinants of stock option premiums Explaining changes in option premiums Hedging with stock options Using options to measure a stock’s risk Chapter Outline (cont’d) Options on ETFs and stock indexes Options on futures contracts Hedging with options on futures Institutional use of options markets Globalization of options markets Background on Options A call option grants the owner the right to purchase a specified financial instrument for a specified price (exercise or strike price) within a specified period of time Grants the right, but not the obligation, to purchase the specified investment The writer of a call option is obligated to provide the instrument at the price specified by the option contract if the owner exercises the option A call

• Tài chính doanh nghiệp
• financial markets
• institutions FM&I
• tài chính
• thị trường tài chính
• Lecture Financial markets
• Financial futures markets
• Valuation of financial futures
• Interest rate futures
• Financial institutions
• Lecture Financial markets and institutions
• Financial institutions markets
• Capital markets
• Money markets
• Derivative securities markets
• Futures markets
• Option markets
• Swap markets
• Foreign exchange derivative markets
• Bank management
• Types of Financial Markets
• Securities traded
• Valuation of securities
• Money market yields
• Bond markets
• Municipal bonds
• Mortgage markets
• Primary mortgage market
• Stock markets
• Common stock
• Foreign exchange markets
• Foreign exchange
• Commercial banks
• Financial statements
• Risks at financial institutions
• Market risk
• Exchange rates
• Economics 252
• Efficient markets
• Excess volatility
• Efficient Markets Hypothesis
• Interest rate derivative markets
• Interest rate swaps
• Mortgage backed securities
• Globalization of mortgage markets
• Financial markets and institutions
• The financial system
• Interest rates change
• Financial markets efficient
• Term structure affect interest rates
• The stock market
• The mortgage markets
• The international financial system
• Financial regulation
• Interest rate fundamentals
• Interest rates
• Security valuation