Education
Doctor of Philosophy, University Pennsylvania, Philadelphia, 1975.
( Directed primarily toward undergraduate finance student...)
Directed primarily toward undergraduate finance students, this text also provides practical content to current and aspiring industry professionals. Based on Hull's Options, Futures and Other Derivatives, Fundamentals of Futures and Options Markets presents an accessible overview of the topic without the use of calculus. Packed with numerical examples and accounts of real-life situations, this text effectively guides readers through the material while helping them prepare for the working world. NOTE: This is the standalone book, if you want the Book/Solutions Manual and Study Guide order the ISBN below: 0133418804 / 9780133418804 of Futures and Options Markets & Student's Solutions Manual and Study Guide Package Package consists of: 0132993341 / 9780132993340 Fundamentals of Futures and Options Markets 013299514X / 9780132995146 Student's Solutions Manual and Study Guide for Fundamentals of Futures and Options Markets
http://www.amazon.com/gp/product/0132993341/?tag=2022091-20
(For undergraduate courses in derivatives, options and fut...)
For undergraduate courses in derivatives, options and futures, financial engineering, financial mathematics, and risk management. A reader-friendly book with an abundance of numerical and real-life examples. Based on Hull's Options, Futures and Other Derivatives, Fundamentals of Futures and Options Markets presents an accessible and student-friendly overview of the topic without the use of calculus. Packed with numerical examples and accounts of real-life situations, this text effectively guides students through the material while helping them prepare for the working world.
http://www.amazon.com/gp/product/013299514X/?tag=2022091-20
(A reader-friendly book with an abundance of numerical and...)
A reader-friendly book with an abundance of numerical and real-life examples. Based on Hull's Options, Futures and Other Derivatives–the seventh edition of Fundamentals of Futures and Options Markets presents an accessible and reader-friendly overview of the topic without the use of calculus. Packed with numerical examples and accounts of real-life situations, this text effectively guides readers through the material while helping them prepare their skills and knowledge for the workplace. The seventh edition addresses and analyzes the impact of the current financial crisis.
http://www.amazon.com/gp/product/0136103227/?tag=2022091-20
(Paperback International Edition)
Paperback International Edition
http://www.amazon.com/gp/product/B00MDYIYJU/?tag=2022091-20
( Updated and revised to reflect the most current inform...)
Updated and revised to reflect the most current information, this introduction to futures and options markets is ideal for those with a limited background in mathematics. Based on Hull's Options, Futures and Other Derivatives, one of the best-selling books on Wall Street, this book presents an accessible overview of the topic without the use of calculus. Packed with numerical samples and accounts of real-life situations, the Fifth Edition effectively guides readers through the material while providing them with a host of tangible examples. For professionals with a career in futures and options markets, financial engineering and/or risk management.
http://www.amazon.com/gp/product/0136012337/?tag=2022091-20
http://www.amazon.com/gp/product/B004LIHF1E/?tag=2022091-20
(For undergraduate and graduate courses in business and ec...)
For undergraduate and graduate courses in business and economics, focusing on courses in options and futures. Updated and revised to reflect the most current information, this introduction to futures and options markets is ideal for those with a limited background in mathematics. Based on Hull's Options, Futures and Other Derivatives, one of the best-selling books on Wall Street and in the college market, this text presents an accessible and student-friendly overview of the topic without the use of calculus. Packed with numerical examples and accounts of real-life situations, the Fifth Edition effectively guides students through the material while helping them prepare for the working world.
http://www.amazon.com/gp/product/0131445650/?tag=2022091-20
( Updated and revised to reflect the most current inform...)
Updated and revised to reflect the most current information, this introduction to futures and options markets is ideal for those with a limited background in mathematics. Based on Hull's Options, Futures and Other Derivatives, one of the best-selling books on Wall Street, this book presents an accessible overview of the topic without the use of calculus. Packed with numerical samples and accounts of real-life situations, the Fifth Edition effectively guides readers through the material while providing them with a host of tangible examples. For professionals with a career in futures and options markets, financial engineering and/or risk management.
http://www.amazon.com/gp/product/0136012337/?tag=2022091-20
( This exploration of options markets blends institution...)
This exploration of options markets blends institutional practice with theoretical research. Discusses theoretical models for the valuation of options and outlines trading strategies for puts and calls.
http://www.amazon.com/gp/product/0136382053/?tag=2022091-20
( This exploration of options markets blends institution...)
This exploration of options markets blends institutional practice with theoretical research. Discusses theoretical models for the valuation of options and outlines trading strategies for puts and calls.
http://www.amazon.com/gp/product/0136382053/?tag=2022091-20
(Efficient market theorists contend that markets are rando...)
Efficient market theorists contend that markets are random and thus not predictable. With the publication of Trading Against theCrowd, however, noted author, economist, and professional trader John Summa convincingly shows that investor sentiment can be incorporated into profitable stock and stock market trading systems. In this groundbreaking book, Summa explains how to use popular gauges of crowd psychology, such as put/call ratios, option-implied volatility, short sales, investor surveys, and advisory opinion to trade against, or contrary to, prevailing market sentiment. He also makes compelling arguments against the efficient markets hypothesis with the presentation of his own quantitative weekly bear and bull news-flow intensity indices, which he builds from news scans. This data series, and other popular measures of crowd psychology, are processed through custom indicators that are programmed into profitable trading systems, such as Squeeze Play I & II, Tsunami Sentiment Wave, and the Fourth Estate. Trading Against the Crowd is the first book to provide a comprehensive assessment of investor crowd psychology, offering valuable market timing tools and trading techniques, including: MetaStock and Trade Station system and custom indicator code; comparative statistical studies of CBOE, OEX, and equity-only put/call ratios; straightforward instructions for combining price triggers with sentiment indicators; a practical guide to understanding put/call ratios, short sales, investor surveys, newsletter opinion, and stock market news-flow intensity; how to use LEAP options as trading vehicles to avoid use of stop loss orders; use of put/call ratios for trading the Treasury bond futures market; and test results and evaluation of trading system performance. Many of today's professional money managers rely on investor sentiment for improved market timing. They know that at extremes of market sentiment, markets tend to be the most predictable.Trading Against the Crowd shows how you can begin to profit from these short- to medium-term sentiment waves generated by the actions of the speculative crowd. Put into practice powerful sentiment data using thoroughly back-tested trading systems, and rise above the herd mentality of the investor crowd, where potentially large profits await.
http://www.amazon.com/gp/product/0471471216/?tag=2022091-20
(This book contains solutions to the questions and problem...)
This book contains solutions to the questions and problems that appear at the ends of chapter in the sixth edition. The questions and problems have been designed to help readers study on their own and test their understanding of the material. They range from quick checks on whether a key point is understood to much more challenging applications of analytical techniques. At the beginning of each chapter of the Solutions Manual and Study Guide there have been included a summary of the main points in the chapter and suggested ways readers should approach studying the material in the chapter. Students should find these summaries useful both when they first cover the material in the chapter and when they are studying for exams.
http://www.amazon.com/gp/product/0132425742/?tag=2022091-20
(For undergraduate courses in options and futures.This int...)
For undergraduate courses in options and futures.This introduction to futures and options markets is ideal for those with limited background in mathematics. Based on Hull's Options, Futures and Other Derivatives, one of the best-selling books on Wall Street and in the college market, this text offers an accessible presentation of the topic without the use of calculus.
http://www.amazon.com/gp/product/0130176028/?tag=2022091-20
(Softcover. 561 pages. Sixth Edtion)
Softcover. 561 pages. Sixth Edtion
http://www.amazon.com/gp/product/0135127017/?tag=2022091-20
(This introduction to futures and options markets is ideal...)
This introduction to futures and options markets is ideal for readers with limited backgrounds in mathematics.Emphasizing the use of binomial trees for explaining how options are priced, it shows how one- and two-step binomial trees can be analyzed and includes comprehensive treatment of numerical procedures based on bionomial trees. The book also devotes one entire chapter to swaps and one to options on futures. The third edition of Introduction to Futures and Options Markets has been revised to include an explanation of swaps that reflects their use for asset management and liability management. It discusses daycount conventions, scenario analysis, and value-at-risk. And, it includes a revised Chapter 16 that focuses on the volatility smiles observed for equity and currency options and a revised Chapter 17 to provide background information on mortgage-backed securities and explain standard market models used to value European bond options, interest-rate caps and floors, and European swap options.
http://www.amazon.com/gp/product/0131229613/?tag=2022091-20
(This introduction to futures and options markets is ideal...)
This introduction to futures and options markets is ideal for readers with limited backgrounds in mathematics.Emphasizing the use of binomial trees for explaining how options are priced, it shows how one- and two-step binomial trees can be analyzed and includes comprehensive treatment of numerical procedures based on bionomial trees. The book also devotes one entire chapter to swaps and one to options on futures. The third edition of Introduction to Futures and Options Markets has been revised to include an explanation of swaps that reflects their use for asset management and liability management. It discusses daycount conventions, scenario analysis, and value-at-risk. And, it includes a revised Chapter 16 that focuses on the volatility smiles observed for equity and currency options and a revised Chapter 17 to provide background information on mortgage-backed securities and explain standard market models used to value European bond options, interest-rate caps and floors, and European swap options.
http://www.amazon.com/gp/product/0131229613/?tag=2022091-20
http://www.amazon.com/gp/product/B004MXBQRM/?tag=2022091-20
(Financial futures and options provide suitable vehicles t...)
Financial futures and options provide suitable vehicles to transform the risk represented by marketplace volatility into a source of opportunity. These financial derivative products can improve the risk/reward profile of a fixed income, equity, or currency portfolio quickly and efficiently. They can enhance investment yields and serve to hedge against interest rate and exchange rate risks. Chapters cover option pricing concepts; risk, reward, and probability; option spreads; 3-dimensional option trading; hedging with options; floating rate risk management; option arbitrage; and inter-market option spreads.
http://www.amazon.com/gp/product/0471606766/?tag=2022091-20
(Financial futures and options provide suitable vehicles t...)
Financial futures and options provide suitable vehicles to transform the risk represented by marketplace volatility into a source of opportunity. These financial derivative products can improve the risk/reward profile of a fixed income, equity, or currency portfolio quickly and efficiently. They can enhance investment yields and serve to hedge against interest rate and exchange rate risks. Chapters cover option pricing concepts; risk, reward, and probability; option spreads; 3-dimensional option trading; hedging with options; floating rate risk management; option arbitrage; and inter-market option spreads.
http://www.amazon.com/gp/product/0471606766/?tag=2022091-20
Doctor of Philosophy, University Pennsylvania, Philadelphia, 1975.
Assistant professor finance Stanford University, California, 1975—1978, associate professor finance, 1978—1983, Massachusetts Institute of Technology, Cambridge, 1983—1985, Nomura professor finance, since 1985. Director Nomura Mortgage Capital Corporation, New York City, 1988—1995, Nomura Asset Securities Corporation, New York City, 1992—1995, Nomura Derivative Products, New York City, since 2000, JPM Advisor Funds, New York City.
( Updated and revised to reflect the most current inform...)
( Updated and revised to reflect the most current inform...)
( Directed primarily toward undergraduate finance student...)
(Financial futures and options provide suitable vehicles t...)
(Financial futures and options provide suitable vehicles t...)
(For undergraduate courses in derivatives, options and fut...)
(This book contains solutions to the questions and problem...)
(This introduction to futures and options markets is ideal...)
(This introduction to futures and options markets is ideal...)
(For undergraduate and graduate courses in business and ec...)
( This exploration of options markets blends institution...)
( This exploration of options markets blends institution...)
(Efficient market theorists contend that markets are rando...)
(A reader-friendly book with an abundance of numerical and...)
(For undergraduate courses in options and futures.This int...)
(Paperback International Edition)
(Softcover. 561 pages. Sixth Edtion)
Fellow: Intrnational Association Finance Engineers (Finance Engineer of Year 1998), Econometric Society, American Finance Association (director 1990-1992).
