Options

Catalog description

The objective of this course is to provide students with a basic understanding of the stock options market. Topics include the mechanics of the options markets, stylized behaviors of stock options, basic trading strategies involving options, and the pricing and hedging methodologies for options. The topics also include the structure and operation of organized exchanges, investment strategies under different market scenarios, arbitrage pricing, and recent developments in the options markets. Prerequisites: FIN 9771 and FIN 9773, or equivalents.