Sumários

3. Trading Strategies (continued)

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- Speculative strategies

3. Trading Strategies

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- Hedging strategies

2. Properties of Stock Options (continued)

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- Upper and lower bounds for option prices
- Put-call parity
- Early exercise
- Effect of dividends

2. Properties of Stock Options

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- Factors affecting option prices
- Upper and lower bounds for option prices

1. Introduction to Options

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- Types of options
- Options positions and payoffs
- Specification of options
- Moneyness; intrinsic and time value
- OTC vs. exchange-traded markets