Taleb on Risk - Dynamic Hedging Taleb Nassim Nicholas Pevná vazba
Taleb on Risk - Dynamic Hedging Taleb Nassim Nicholas Pevná vazba Dynamic Hedging is the definitive source on derivatives risk. It presents risks from the vantage point of the option market maker and…
Specifikacia Taleb on Risk - Dynamic Hedging Taleb Nassim Nicholas Pevná vazba
Taleb on Risk - Dynamic Hedging Taleb Nassim Nicholas Pevná vazba
Dynamic Hedging is the definitive source on derivatives risk. It presents risks from the vantage point of the option market maker and arbitrage operator. It provides a real-world methodology for managing portfolios containing any nonlinear security.
As a larger share of market exposure cannot be properly captured by mathematical models, noted option arbitrageur Nassim Taleb uniquely covers both on-model and off-model derivatives risks.The author discusses, in plain English, vital issues, including: - The generalized option, which encompasses all instruments with convex payoff, including a trader's potential bonus. The only book about derivatives risk written by an experienced trader with theoretical training, it remolds option theory to fit the practitioner's environment. The techniques for trading exotic options, including binary, barrier, multiasset, and Asian