Futures And Options

Half Title
Authors
Title Page
Copyright
Dedication
Foreword
Preface to the Second Edition
Preface to the Third Edition
Contents
Chapter 1. Introduction
	What are Derivatives?
	Forward Contracts
	Futures Contracts
	Options
	Traders in Futures and Options Markets
	Functions Performed by Derivatives Markets
	World Derivatives Markets
	Test Your Understanding
	Exercises
Chapter 2. Forward and Futures Contracts
	Forward Contracts
	Futures Contracts
	Trading in Futures Contracts
	Divergence of Futures and Spot Prices: The Basis
	Market Participants in a Futures Market:
	Hedgers, Speculators and Arbitrageurs
	Hedging Using Futures Contracts
	Valuation of Forward and Futures Contracts
	Utility of Futures Markets
	Test Your Understanding
	Exercises
Chapter 3. Futures on Stock Indices and Individual Stocks
	Stock Index Futures
	Valuation of Stock Index Futures
	Hedging Using Stock Index Futures Contracts
	Futures on Stocks
	Test Your Understanding
	Exercises
Chapter 4. Options Contracts and Trading Strategies
	Characteristics of Options Contracts
	Buyer/Seller Attitudes
	Option Pricing
	Risk and Return on Equity Options
	Options Trading Strategies
	Test Your Understanding
	Exercises
Chapter 5. Valuation of Options
	A Graphic Analysis of Call and Put Values
	Characteristics of Option Values
	Models of Valuation of Options
	Dividends, Share Splits and Bonus Shares
	Limitation of Black and Scholes Model
	Test Your Understanding
	Exercises
Chapter 6. Options on Stock Indices, and Futures Options
	Stock Index Options
	Futures Options
	Test Your Understanding
	Exercises
Chapter 7. Trading, Risks and Regulations
	The Trading Mechanism
	Types of Orders
	Risks in Derivative Trading
	Regulation of Derivative Markets
	Test Your Understanding
	Exercises
Chapter 8. Indian Securities Market—An Overview
	A Brief History of Stock Exchanges
	Formation of SEBI and Aftermath
	Indian Capital Market: Current Status
	Test Your Understanding
	Exercises
Chapter 9. Futures and Options in India
	The Badla System
	Options in India in the Past: Teji and Mandi
	Introduction of Futures and Options in India
	Beginning of Derivatives Trading and Thereafter
	Test Your Understanding
	Exercises
Review Illustrations
Answers
Annexure
Glossary
Bibliography
Index
About FUTOP
Installation Instructions