PPT-Lecture 19 Options and Derivatives John Rundle

Lecture 19 Options and Derivatives John Rundle Econophysics PHYS 255 Options Trading Can Be Chaotic Derivatives httpsenwikipediaorgwikiDerivativefinance In finance a derivative is a contract that derives its value from the. Can obtain sensitivity derivatives of structural response at several levels. Finite difference sensitivity (section 7.1). Analytical sensitivity of continuum equations (Chapter 8). Analytical sensitivities of discretized equations (Chapter 7). Chapter 3. 1. Options, Futures, and Other Derivatives, 7th Edition, Copyright © John C. Hull 2008. Hedge : . A trade designed to reduce risk.. Many . of the participants in futures markets are hedgers. Their aim is to use futures markets to reduce a particular risk that they face.. Chapter 3.5. Proving that .  . In section 2.1 you used a table of values approaching 0 from the left and right that . ; but that was not a proof. Because you will need to know this limit (and a related one for cosine), we will begin this section by proving this through geometry. Speakers: Henrietta Podd. Head of Advice and Origination. Canaccord Genuity. Peter Moore . Assistant Director of Corporate Finance. Circle Housing Group. Chair: Joseph Carr. Policy Leader. National Housing Federation. Some needed trig identities:. Trig Derivatives. Graph . y. 1. = sin x. . and . y. 2. = . nderiv. (sin x). What do you notice?. Proof Algebraically. (use trig identity for . sin(x + h). ). Proof Algebraically. Introduction. Syllabus. Class Format . Part 1 - Generic Derivatives & Options. Part 2 - Futures, Swaps, MBS. Grade. Assignments/Projects. Option Programs. Exam-Computations. Email. Derivatives are financial instruments whose price and value derive from the value of the underlying assets or other variables (ISDA). Options, Futures, and Other Derivatives, 8th Edition, . Copyright © John C. Hull 2012. 1. Long & Short Hedges. A long futures hedge is appropriate when you know you will purchase an asset in the future and want to lock in the price. Gladius. Nuntius. Pes. Porta. Silva. Spectaculum. Duco. Habito. Ferox. Totus. Facile. Statim. gladius. Sword. Gladiator. Gladiolus. Glaive. nuntius. Messenger. Related Latin word: . nuntio. , tell/announce. 1. Nature of Swaps. A swap is an agreement to exchange cash flows at specified future times according to certain specified rules. Options, Futures, and Other Derivatives, 8th Edition, Copyright © John C. Hull 2012. Understand . what derivatives are and how they are used to manage risks.. Understand . how to account for derivatives.. Analyze . whether a hybrid/compound instrument issued for financing purposes . represents a . What were the contributing factors to the financial crisis?. How did the crisis begin?. What did the government do in response?. We focused mostly on big pictures. Discussion so far…. Dictionary definition: “financial instrument whose value is derived from one or more other underlying assets”. Gladius. Nuntius. Pes. Porta. Silva. Spectaculum. Duco. Habito. Ferox. Totus. Facile. Statim. gladius. Sword. Gladiator. Gladiolus. Glaive. nuntius. Messenger. Related Latin word: . nuntio. , tell/announce. Fernando . Durães . 1, 2. , . Ana Rita . Neves . 1, 2. , . Joana . Freitas-da-Silva . 2, 3. , . Annamária. . Kincses. . 4. , . Eugénia . Pinto . 2, 5. , . Paulo . Costa . 2, 3. , . Madalena . Pinto . Dejan Milenković. . 1,. *, . Dušan Dimić. . 2. , . Edina . Avdović. 1. , . Jelena . Đorović. . Jovanovi. ć. . 1. , . Žiko . Milanović. . 3. , . Marko . Antonijević. 1. , . Jasmina . Dimitrić-Marković.