Option Pricing

By Jerry Marlow

A intuitive and powerful approach to mastering one of the most important options trading tools In 1997, the Nobel Prize in Economics was awarded for the work that led to Black-Scholes Options-Pricing... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 0471436410
• ISBN13: 9780471436416
• Release Date: October 2001
• Publisher: John Wiley &Sons
• Length: 354 Pages
• Weight: 1.92 lbs.
• Dimensions: 11.0" x 0.8" x 8.5"

Customer Reviews

A Must-Have for Any Options Trader

This book makes it relatively easy to understand the mathematical principles behind the Black-Scholes theory. The CD guides you through various scenarios and plots everything for you. You don't have to be a mathematician with a PhD from the University of Chicago to appreciate the explanations and diagrams depicted. A "must-have" for every options trader or investor - a definite "keeper"!

Outstanding!

Fantastic software!The book is really a step by step tutorial on how to use the probability forecasting software that is on the CD.Excellent learning tool as well as a decision-analysis tool for investments.Really great. Loved it. Learned a lot!Many thanks to the author.One Caution: It doesn't work on a Macintosh(unless you have PC emulation software for your Mac).Cheers,---Freddy

Can't praise this interactive book highly enough

Any student or trainee having to study this topic really should buy this tutorial.Having a degree in Mathematics and a professional accountancy qualification did not prepare me for the explanations of Black Scholes to be found in most text books.They may have got a Nobel prize for their option pricing model but Black and Scholes were never going to get an award for clarity of explanation.Having grappled with this area for a few months, I decided I needed a little more innovative help; hence my purchase of Jerry Marlow's interactive tutorial.Two days later and I feel I could go for the next Nobel prize myself!So many things click into place so quickly, it's marvellous.Jerry gives his email address which I had to resort to for one query. He answered most helpfully within a couple of hours.I suspect that it helps to have had an overview appreciation of the area before starting the tutorial but this shouldn't deter first timers from starting with this.

First Rate

The visual presentation the book offers combined with the interactive CD-ROM make this indispensable to anyone who really wants to understand how option pricing works. It's right here on my desk for easy and quick reference - which is my advice to everyone!

UNDERSTAND OPTION-PRICING TODAY!

From the beginning pages, the explanations are flowing and account for all levels of competency in options, the stock market and the computer skills needed to follow the animations. When you finish the very readable book, you will no longer need to depend on others for advice; you become your own advisor. The animations are excellent while the mathematical concepts are carefully explained. I now have confidence in my knowledge and my decisions. Hats off to Mr. Marlow!