Options, Futures, and Other Derivatives, 8th Edition (With CD-ROM)

The eighth edition has been updated and improved-featuring a new chapter on securitization and the credit crisis and increased discussion on the way commodity prices are modeled and commodity derivatives valued. Designed to bridge the gap between theory and practice, this introductory text on the futures and options markets is ideal for those with a limited background in mathematics.

List of Business Snapshots
List of Technical Notes
Preface

Chapter 1 : Introduction
Chapter 2 : Mechanics of Futures Markets
Chapter 3 : Hedging Strategies Using Futures
Chapter 4 : Interest Rates
Chapter 5 : Determination of Forward and Futures Prices
Chapter 6 : Interest Rate Futures
Chapter 7 : Swaps
Chapter 8 : Securitization and the Credit Crisis of 2007
Chapter 9 : Mechanics of Options Markets
Chapter 10 : Properties of Stock Options
Chapter 11 : Trading Strategies Involving Options
Chapter 12 : Binomial Trees
Chapter 13 : Wiener Processes and Its Lemma
Chapter 14 : The Black-Scholes-Merton Model
Chapter 15 : Employee Stock Options
Chapter 16 : Options on Stock Indices and Currencies
Chapter 17 : Futures Options
Chapter 18 : The Greek Letters
Chapter 19 : Volatility Smiles
Chapter 20 : Basic Numerical Procedures
Chapter 21 : Value at Risk
Chapter 22 : Estimating Volatilities and Correlations
Chapter 23 : Credit Risk
Chapter 24 : Credit Derivatives
Chapter 25 : Exotic Options
Chapter 26 : More on Models and Numerical Procedures
Chapter 27 : Martingales and Measures
Chapter 28 : Interest Rate Derivatives : The Standard Market Models
Chapter 30 : Interest Rate Derivatives : Models of the Short Rate
Chapter 31 : Interest Rate Derivatives : HJM and LMM
Chapter 32 : Swaps Revisited
Chapter 33 : Energy and Commodity Derivatives
Chapter 34 : Real Options
Chapter 35 : Derivatives Mishaps and What We Can Learn From Them

Glossary of Terms
DerivaGem Software
Major Exchanges Trading Futures and Options
Table for N(x) when X<0
Table for N(x) when X>0
Author Index
Subject Index