Options, Futures and Other Derivatives

1.    Introduction
2.    Mechanics of Futures Markets
3.    Hedging Strategies Using Futures
4.    Interest Rates
5.    Determination of Forward and Futures Prices
6.    Interest Rate Futures
7.    Swaps
8.    Mechanics of Options Markets
9.    Properties of Stock Options
10.    Trading Strategies Involving Options
11.    Binomial Trees
12.    Wiener Processes and Ito’s Lemma
13.    The Black-Scholes-Merton Model
14.    Derivatives Markets in Developing Countries
15.    Options on Stock Indices and Currencies
16.    Options on Futures
17.    Greek Letters
18.    Volatility Smiles
19.    Basic Numerical Procedures
20.    Value at Risk
21.    Estimating Volatilities and Correlations for Risk Management
22.    Credit Risk
23.    Credit Derivatives
24.    Exotic Options
25.    Insurance, Weather, and Energy Derivatives
26.    More on Models and Numerical Procedures
27.    Martingales and Measures
28.    Interest Rate Derivatives: The Standard Market Models
29.    Convexity, Timing and Quanto Adjustments
30.    Interest Rate Derivatives: Models of the Short Rate
31.    Interest Rate Derivatives: HJM and LMM
32.    Swaps Revisited
33.    Real Options
34.    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