Coulda Woulda Shoulda
Автор(ы): | Cottle Charles M.
06.10.2007
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Год изд.: | 1996 |
Описание: | Иметь, иметь и ещё раз иметь! Да нет, не книгу - просто так она называется, если лит. перевод на русский сделать. Она полна баек, голубых окошек смерти и уроков. В общем, довольно неплохое руководство по опционам. "Ваши шаловливые ручки выполнили недопустимую операцию и будут ампутированы" (C) автор. |
Оглавление: |
Обложка книги.
CHAPTER 1. Picking Up Where The Rest Leave Off Synthetics [1]The Nature of a Position [2] Story: Covered-Write [2] Another Word about Covered Writes [3] Locks [5] Synthesis: Using a Conversion/Reversal (C/R) [5] Fair Value Equations [6] Put-Call Parity [8] Position Dissection 101 [10] Net Call Contracts and Net Put Contracts [11] Common Locks Carded Up [12] Tools for Dissection [14] Synthetic Alternatives [17] 10 Examples of Long 10*45/50/55 Butterflies [19] The Risk Profiles [19] Other Risk Profiles 26] CHAPTER 2. A Cause for Adjustments [27] Trading Barrage [27] An Argument for Box Dissection [30] Adjustment Alternatives [36] Managing the Beast [37] Adjustment Costing [43] Rule the Beast [44] Option Metamorphosis [45] CHAPTER 3. Nuts and Bolts of Options [48] Profit and Loss (P&L) Scenarios [48] Glancing Greek to Greek [51] Implied Volatility [52] Risk [53] Neutrality Depends on One’s Perception [55] Delta [56] Gamma [57] Relatively Gamma [59] Theta [59] Vega or Omega [60] Rho [61] Dividends [62] Exercise Nuances Involving Equities with Dividends [65] Nuances of Different Styles of Contracts [65] Exercise Nuances as they Relate to Interest Income or Expense [66] To Exercise or Not To Exercise? [67] Renting Options [68] Pin Risk [75] After Expiration News Event [76] Do Not Forgot to Exercise [78] Renting Stock Options [78] Cost of Doing Business [79] A Final Word [80] CHAPTER 4. Strangles And Straddles [81] Reasons for Buying and Selling Premium [81] Properties of Straddles and Strangles [82] Gamma Scalping [85] Dissections of the Gamma Scalps [91] Gamma Scalping Effect on Pricing [91] Dynamic Gamma Scalping [93] Spread Scalping [94] Break-Even Analysis [95] Missing the Hedge [97] CHAPTER 5. Verticals (Bull And Bearspreads) [99] Speculative Considerations When Using Verticals [100] Premium: Time and Implied Volatility Effects [101] Vertical Bamboo [102] Isolating the Speculation [104] Neutral Premium [106] Hedging Underlying Into a Vertical (Fences, Collar, Tunnel) [106] Rolling to Adjust Speculative Trades Using Verticals [109] Rolling into or Using Verticals [110] Volatility Trading [113] Pricing of Ratios [115] Defensive Flattening of Ratio Spreads [117] Assessing Risk in Ratio Spreads Through Ratio Analysis [119] Unbelievable Moves [121] CHAPTER 6. Wingspreads [125] Butterfly Structure [125] Condors and Stretched out Butterflies [130] Iron Wingspreads [133] Pricing [134] Options Matrix [135] Using Butterflies to Speculate Directionally Can be a Challenge [136] Time Out for a Quick Lesson [138] CHAPTER 7. Timespreads [140] Jelly Rolls [141] Jelly Roller [142] Calendar Spreads: Briefly [144] Time Spread Value [145] Time Spread Price Arc as a Pricing Tool [146] Diagonals [147] Exercise/ Assignment [148] Conclusion [149] CHAPTER 8. Market Makers Insights [150] The Edge [151] Fair Value Equations Including Banking [154] Interest Rate Exposure [155] Banking: The Concepts of Borrowing and lending [155] Short Sock Inventory Problems and Squeezes [157] Equity (Stock) Reversal (Without Dividend) [158] Implied Interest Rate on an Equity Conversion/Reversal (No Dividend) [160] Interest Rate Setting in Your Options Pricing Tool [161] Equity Conversion/ Reversal (With Dividend) [163] Jelly Roll: Equities [164] OEX Conversion/ Reversal [165] OEX Synthetic Futures and Theoretical Values [165] OEX Early Exercise [167] Boxes [169] European-Style Boxes [170] Implied Interest Rate on a Box Trade [171] The Equity Box [171] Exercising and the Money [172] Explanation of Residual Price [174] Stocks Involved in Tender offers [175] Deal Date [176] The Pro Rata Factor [176] Borrowing Shares [177] The Chiron Tender Offer [178] Other Tid-Bits [182] Tax Games [182] Interdepartmental Games [183] Bad Creditor Borrowing Games [183] Conclusion [184] CHAPTER 9. Option Dialogue [185] Getting Started [186] Pulling the Trigger [192] Conclusion [230] GLOSSARY [231] INDEX [280] |
Формат: | djvu |
Размер: | 3050879 байт |
Язык: | ENG |
Рейтинг: | 100 |
Открыть: | Ссылка (RU) |