Professional Documents
Culture Documents
Options, Futures, and Other Derivatives: Chapter 1 Introduction
Options, Futures, and Other Derivatives: Chapter 1 Introduction
OTHER DERIVATIVES
Chapter 1 Introduction
Introduction
Introduction of CBOE
Market size
Over-the-counter markets
Traded market
Types of option
Exercise price & expiration date
American & European options
Four types of participants in options markets
Options
Hedgers
Speculators
Arbitrageurs
Types of traders