Sylabus
For details see my home page at http://samba.fsv.cuni.cz/~blahaz
Syllabus. In this module we propose to cover the following areas of financial economics:
Finance and financial markets - an overview of the topics in finance (assumed known)
Forward and futures contracts; speculation, hedging and arbitrage in the futures markets
Review of options; mechanics of options markets; properties of stock (share) options and their role in risk management
Trading strategies involving financial derivatives such as futures and options on developed markets
Different types of risk; naked and covered positions in options; stop-loss strategy; examples
Delta hedging - simulation; theta, gamma, vega, rho; hedging in practice; options role in risk management
Option valuation, Black-Scholes model, binomial model, other approaches towards option pricing
Risk management; volatility and correlation; Value-at-Risk; issues and insights
Market and credit risk; methodology and measurement of -and approach towards- risk
Other risk management techniques and approaches
Conclusions and review of the course material.
Anotace
Předmět je vyučován pouze v anglickém jazyce a anotace předmětu je v anglickém názvu (stránce).
Detailní informace - http://samba.fsv.cuni.cz/~blahaz.