Options and Futures

Catalog description

This course explores the valuation of forwards, options, forward-based, and option-based financial instruments. While a student may have studied options and/or forwards in other courses, this course examines in detail the analytical methods used to price these securities, and the analytical analysis of arbitrage, hedging, and speculation using these securities. Prereq: 4211, 4221, and BusMHR 2291 or 2292. Not open to students with credit for or currently enrolled in 4219 or 4239. 4234 FinTech U 1½ - 3 'FinTech' refers to financial sector innovations involving technology-enabled business models that can facilitate disintermediation, revolutionize how existing firms create and deliver products and services, address privacy, regulatory and law-enforcement challenges, provide new gateways for entrepreneurship, and seed opportunities for inclusive growth. Prereq: 4211 and 4221.