The Greeks and Hedging Explained [electronic resource] /
Leoni, Peter.author.
A practical guide to basic and intermediate hedging techniques for traders, structerers and risk management quants. This book fills a gap for a technical but not impenetrable guide to hedging options, and the 'Greek' (Theta, Vega, Rho and Lambda) -parameters that represent the sensitivity of derivatives prices.
Description based upon print version of record.
Half-title; Series page; Title; Copyright page; Contents; List of figures; Preface; 1 Hedging Contingent Claims; 2 Delta Hedging in the Perfect World; 3 The Balance between Gamma and Theta; 4 Trading is the Answer to the Unknown; 5 Vega as a Crucial Greek; 6 The Greek Approximation; 7 Volatility Term Structure; 8 Skew and Smile; Bibliography; Index
Includes bibliographical references and index.
A practical guide to basic and intermediate hedging techniques for traders, structerers and risk management quants. This book fills a gap for a technical but not impenetrable guide to hedging options, and the 'Greek' (Theta, Vega, Rho and Lambda) -parameters that represent the sensitivity of derivatives prices.
Financial engineering.
Business enterprises-Finance.
Risk management.
Investment banking.
Securities.
Corporations-Finance.
Financial Engineering.
Business Finance.
Risk Management.
Investments and Securities.
Corporate Finance.