Weekly Options on Grain Futures

index derivatives, index futures, index options, stock portfolio futures, stock portfolio options

nowadays, the significant increase in the banks' non- performing loans is one of the main disturbances for authorities because of its bad effects on the macroeconomic index in our country such as increasing credit risk, liquidity risk and finally bankruptcy risk. social gap in welfare programs, deviation in monetary policies, etc. are the other bad results of this phenomenon. meanwhile, du...

Area Yield Futures and Futures Options: Risk Management and Hedging

Imagine there exist markets for yield futures contracts as well as ordinary price futures contracts. • Intuitively one would think that a combined use of yield futures contracts and price futures contracts ought to provide a reasonable strategy for insuring revenue. • In the paper this idea is made precise. It is shown that revenue can be secured in by a combined replication of these two contra...

A better risk gauge for options portfolios - Options - Futures Magazine

Consider a complex portfolio that includes numerous options combinations corresponding to different underlying assets and created under various options strategies. A proper risk management system requires indicators that forecast risk on the portfolio level. The common tools used to evaluate risks of options are the Greeks. These measures reflect the extent to which the value of the option resp...

Hedging Downside Risk: Futures versus Options

Studio Teaching in an Undergraduate Course in Options and Futures

As indicated by Becker and Watts (2001), teaching in economics and finance is still mostly done in a Chalk and Talk passive learning environment. This paper reports on an active, hands-on approach implemented for business students enrolled in an undergraduate course in options and futures at HEC Montréal. The proposed environment adapts and extends the studio approach first developed for Introd...