TAILIEUCHUNG - Lecture Financial institutions, instruments and markets (4/e): Chapter 19 - Christopher Viney

Chapter 19 - Options markets. After studying this chapter you will be able to: Understand how call and put options are used and how they are priced, examine the instruments traded on the australian options market, understand how options can be used for either risk management or for speculative purposes. | Chapter 19 Options Markets Website: Learning Objectives Understand how call and put options are used and how they are priced Examine the instruments traded on the Australian options market Understand how options can be used for either risk management or for speculative purposes Chapter Organisation Introduction The Nature of Options Profits and Losses Organisation of the Market Pricing an Option Option Risk Management Strategies Conclusion: Options Versus Futures Revisited Summary Introduction Options differ from futures because they provide asymmetric cover against price movements Options limit the effects of adverse price movements without reducing profits from favourable price movements Options involve a premium to be paid by the buyer to the seller (writer) Chapter Organisation Introduction The Nature of Options Profits and Losses Organisation of the Market Pricing an Option Option .

• Tài chính doanh nghiệp
• Financial institutions
• Financial Instruments
• Financial markets
• Financial system
• Pricing an option
• Options markets
• Lecture Financial markets and institutions
• Financial institutions markets
• Risks at financial institutions
• Market risk
• Savings institutions
• Credit unions
• Commercial banks
• Financial statements
• Financial markets and institutions
• Interest rates change
• Financial institutions exist
• Central banking
• Capital markets
• Money markets
• Interest rate fundamentals
• Interest rates
• Security valuation
• Federal reserve system
• Monetary policy
• Money market yields
• Bond markets
• Municipal bonds
• Mortgage markets
• Primary mortgage market
• Stock markets
• Common stock
• Foreign exchange markets
• Foreign exchange
• Derivative securities markets
• Futures markets
• Commercial bank liabilities
• Regulation of commercial banks
• Deposit guarantee funds
• Insurance companies
• Life insurance companies
• Securities firms
• Investment banks
• Mutual funds
• Hedge funds
• Pension funds
• Private pension funds
• Managing credit risk
• Balance sheet
• Managing liquidity risk
• Managing interest rate risk
• Insolvency risk
• Managing risk
• Loan sales
• Managing risk off the balance sheet