Exotic Options Trading by Frans De Weert
Look inside with Google Book Preview
Exotic Options Trading
By Frans De Weert

Exotic Options Trading

By (author) See other recent books by Frans De Weert
Format: Hardback

Normal Price: $128.95
Your Price: $116.05 AUD, inc. GST
Shipping: $7.95 per order
You Save: $12.89! (10% off normal price)
Plus...earn $5.80 in Boomerang Bucks
Availability: Available Available to Backorder, No Due Date for Supply

Exotic Options Trading by Frans De Weert

Book Description

Written by an experienced trader and consultant, Frans de Weert's Exotic Options Trading offers a risk-focused approach to the pricing of exotic options. By giving readers the necessary tools to understand exotic options, this book serves as a manual to equip the reader with the skills to price and risk manage the most common and the most complex exotic options. De Weert begins by explaining the risks associated with trading an exotic option before dissecting these risks through a detailed analysis of the actual economics and Greeks rather than solely stating the mathematical formulae. The book limits the use of mathematics to explain exotic options from an economic and risk perspective by means of real life examples leading to a practical interpretation of the mathematical pricing formulae. The book covers conventional options, digital options, barrier options, cliquets, quanto options, outperformance options and variance swaps, and explains difficult concepts in simple terms, with a practical approach that gives the reader a full understanding of every aspect of each exotic option. The book also discusses structured notes with exotic options embedded in them, such as reverse convertibles, callable and puttable reverse convertibles and autocallables and shows the rationale behind these structures and their associated risks. For each exotic option, the author makes clear why there is an investor demand; explains where the risks lie and how this affects the actual pricing; shows how best to hedge any vega or gamma exposure embedded in the exotic option and discusses the skew exposure. By explaining the practical implications for every exotic option and how it affects the price, in addition to the necessary mathematical derivations and tools for pricing exotic options, Exotic Options Trading removes the mystique surrounding exotic options in order to give the reader a full understanding of every aspect of each exotic option, creating a useable tool for dealing with exotic options in practice. " Although exotic options are not a new subject in finance, the coverage traditionally afforded by many texts is either too high level or overly mathematical. De Weert's exceptional text fills this gap superbly. It is a rigorous treatment of a number of exotic structures and includes numerous examples to clearly illustrate the principles. What makes this book unique is that it manages to strike a fantastic balance between the theory and actual trading practice. Although it may be something of an overused phrase to describe this book as compulsory reading, I can assure any reader they will not be disappointed. " -Neil Schofield, Training Consultant and author of Commodity Derivatives: Markets and Applications "Exotic Options Trading does an excellent job in providing a succinct and exhaustive overview of exotic options. The real edge of this book is that it explains exotic options from a risk and economical perspective and provides a clear link to the actual profit and pricing formulae. In short, a must read for anyone who wants to get deep insights into exotic options and start trading them profitably. " -Arturo Bignardi

Buy Exotic Options Trading book by Frans De Weert from Australia's Online Bookstore, Boomerang Books.

Book Details

ISBN: 9780470517901
ISBN-10: 0470517905
Format: Hardback
(237mm x 163mm x 21mm)
Pages: 212
Imprint: John Wiley & Sons Ltd
Publisher: John Wiley and Sons Ltd
Publish Date: 29-Feb-2008
Country of Publication: United Kingdom

Books By Author Frans De Weert

Bank and Insurance Capital Management by Frans De Weert Bank and Insurance Capital Management, Hardback (November 2010)

In the aftermath of the financial crisis, capital management has become a critical factor in value creation for banks and other financial institutions. Although complex and subject to regulatory change, the strategic importance of capital management became apparent during the crisis and has moved the subject to the top of corporate agendas.

Introduction to Options Trading by Frans De Weert Introduction to Options Trading, Paperback (July 2006)

Explaining the theory and practice of options from scratch, this book focuses on the practical side of options trading, and deals with hedging of options and how options traders earn money by doing so. Common terms in option theory are explained and readers are shown how they relate to profit.

» View all books by Frans De Weert


» Have you read this book? We'd like to know what you think about it - write a review about Exotic Options Trading book by Frans De Weert and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a member - it's free to sign up!)

Write a book review

Author Biography - Frans De Weert

About the author FRANS DE WEERT is mathematician by training. After obtaining his masters in Mathematics, specializing in probability theory and financial mathematics at the University of Utrecht, he went on to do a research degree, M.Phil, in probability theory at the University of Manchester. After his academic career he started working as a trader for Barclays Capital in London. In this role he gained experience in trading many different derivative products on European and American equities. After two and half years in London, he moved to New York to start trading derivatives on both Latin American as well as US underlyings. Frans currently works as a strategy consultant at Booz Allen Hamilton and lives in Amsterdam, The Netherlands.

Boomerang Bucks close

For every $20 you spend on books, you will receive $1 in Boomerang Bucks loyalty dollars. You can use your Boomerang Bucks as a credit towards a future purchase from Boomerang Books. Note that you must be a Member (free to sign up) and that conditions do apply.

Recent books by Frans De Weert close
Bank and Insurance Capital Management by Frans De Weert
Introduction to Options Trading by Frans De Weert
BoomerangBooks.com.au close