W FINANCIAL ENGINEERING. DINAMIC. HEDGING. MANAGING. VANILLA AND . EXOTIC OPTIONS. Nassim Taleh. Page 2. Page 3. Page 4. Page 5. Page 6. Dynamic Hedging: Managing Vanilla and Exotic Options John Wiley & Sons, Jan 14, – Business & Economics – pages . Wiley finance editions. As the pace of change in financial markets and instruments quickens, Wiley Finance continues to Dynamic Hedging: Managing Vanilla and Exotic Options.
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About Nassim Nicholas Taleb.
Dynamic Hedging: Managing Vanilla and Exotic Options – Nassim Nicholas Taleb – Google Books
Vega and the Hecging Surf ace. Liquidity and Liquidity Holes. At that time I found it interesting because some topics were discussed in a different way than other standard references such as Options, Futures and Other Derivatives.
Not for the beginner but an excellent book. To ask other readers questions about Dynamic Hedgingplease sign up. Read, highlight, and take notes, across web, tablet, and phone.
That rare find, a book of great practical and theoretical value. Sinclair, specifically, gives 2 chapters to hedging, discussing different approaches to formulating an optimal hedging strategy. From Statistical Physics to The Greeks and Their Behavior. Module B Risk Neutrality Explained. The generalized option, which encompasses all instruments with convex payoff, including a trader’s potential bonus. Managing Vanilla and Exotic Options. Rafael Jose Velasquez rated it it was amazing Dec 21, The thing is, Nassim Taleb is a very smart guy the jury is totally out on Wilmott.
The definitive book on options trading and risk management “If pricing is a science and hedging is an art, Taleb is a virtuoso.
As a sign of its value, everytime I read it, I do learn something new. The only book about derivatives risk written by an experiencedtrader In their blindingly narcissitic quest to prove to the world that they are smarter than their peers, they have done more than any source since “Revenge of the Nerds” to perpetuate the myth that people schooled in the mathematical sciences can’t tie their own shoes without an M.
Theta and Minor Hrdging. The only complete resource addressing derivative risk With the fully updated and expanded Dynamic Hedging, Revised Edition, readers will learn the proven methodologies for monitoring and managing all the risks associated with managing portfolios containing any nonlinear security. The author discusses, in plain English, vital issues,including: Taleb, despite his ailey of hour marathon mathematical musings cannot seem to make up his mind if he is a mathematician, a trader, or both.
Replete with helpful tools, market anecdotes, and at—a—glance risk management rules, Dynamic Hedging, Revised Edition is a comprehensive reference to the complexities of the options market that provides clear explanations of all the various forms of risk.
Goodreads helps you keep track of books you want to read. I know that, for some bizarre reason, this book became almost a ‘classic’ among option optiond why???
Market Making and Market Using. His approaches seem sound. Sep 29, Franco Arda rated it it was amazing. Gamma and Shadow Gamma. As they say in The Big LebowskiI guess he’s just “not into that whole brevity thing. Victor rated it really liked it Feb 22, Sep 05, Austin rated it did not like it Shelves: Juan Ignacio rated it liked it Jul 10, This book will be of zero interest to anyone not involved in the securities trading industry and of small interest still to those not involved with opions.
He has held a variety of senior derivative trading positions in New Optiohs and London and worked as an independent floor trader in Wioey. Not for beginners but a great read for anyone interested in the deep details of trading derivatives. A Graphical Case Study. Theta and Minor Greeks.
Dynamic Hedging: Managing Vanilla and Exotic Options
Compound, Choosers, and Higher Order Options. Taleb’s book, Fooled by Randomness, was translated into 23 languages. It provides a real-world methodology for managing portfolios containing any nonlinear security.
Read, highlight, and take notes, across web, tablet, and phone. He has held dxotic variety of senior derivative trading positions in New York and London and worked as an independent floor trader in Chicago.
Request permission to reuse content from this site. Itprovides a real-world methodology for managing portfolioscontaining any nonlinear security. Want to Read saving…. Description Dynamic Hedging is the definitive source on derivatives risk.
Dynamic Hedging: Managing Vanilla and Exotic Options by Nassim Nicholas Taleb
But alas, Dynamic Hedging is a strong advanced text which goes through many nuanced topics. Fills a big gap in investment literature — the only book to share complex options trading strategies and advanced risk management methods with Written by a leading options trader and derivatives risk advisor to global banks and exchanges, this book provides a practical, real-world methodology for monitoring and managing all the risks associated with portfolio management.
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