奇异期权

Preface to the Second Edition

Preface to the First Edition

Acknowledgements

Part Ⅰ： Introduction to Exotic Options and Option Pricing Methodology

Chapter Ⅰ. From Vanilla Options to Exotic Options

1.1. Plain Vanilla Options

1.2. Path-Dependent Options

1.3. Correlation Options

1.4. Other Exotic Options

1.5. Institutions Involved in Exotic Options

1.6. Summary

Chapter Ⅱ： Option Pricing Methodology

2.1. Equilibrium and Arbitrage

2.2. Basic Option Terminology

2.3. The Black-Scholes Option Pricing Model

2.4. Pricing Options Using the Arbitrage-Free Argument

2.5. Solving Partial Differential Equations

2.6. Risk-Neutral Valuation Relationship

2.7. Monte Carlo Simulations

2.8. Lattice- and Tree-Based Method

2.9. Method Used in this Book

Part Ⅱ： Standard Options

Part Ⅲ： Path-Dependent Options

Part Ⅳ： Correlation/Multiassets Options

Part Ⅴ： Other Options

Part Ⅵ： Hedging Exotic Options and Further Development of Exotic Options

Appendix

References

Subject Index

《奇异期权(第2版)》对奇异期权的形式与特征进行了探讨与研究。奇异期权是指比常规期权(标准的欧式或美式期权)更复杂的衍生证券，这些产品通常是场外交易或嵌入结构债券。比如执行价格不是一个确定的数，而是一段时间内的平均资产价格的期权，或是在期权有效期内如果资产价格超过一定界限，期权就作废。