Can I read Dynamic Hedging: Managing Vanilla and Exotic Options (Wiley Finance) on EtoBox?

Dynamic Hedging: Managing Vanilla and Exotic Options (Wiley Finance) by Nassim Nicholas Taleb is a business book available to read on EtoBox.

What is Dynamic Hedging: Managing Vanilla and Exotic Options (Wiley Finance) about?

Dynamic Hedging is the definitive source on derivatives risk. It provides a real-world methodology for managing portfolios containing any nonlinear security. It presents risks from the vantage point of the option market maker and arbitrage operator. The only book about derivatives risk written by an experienced trader with theoretical training, it remolds option theory to fit the practitioner's environment. As a larger share of market exposure cannot be properly captured by mathematical models, noted option arbitrageur Nassim Taleb uniquely covers both on-model and off-model derivatives risks. The author discusses, in plain English, vital issues, including: The generalized option, which encompasses all instruments with convex payoff, including a trader's potential bonus. The techniques for trading exotic options, including binary, barrier, multiasset, and Asian options, as well as methods to take into account the wrinkles of actual, non-bellshaped distributions. Market dynamics viewed from the practitioner's vantage point, including liquidity holes, portfolio insurance, squeezes, fat tails, volatility surface, GARCH, curve evolution, static option replication, correlation

Who reads Dynamic Hedging: Managing Vanilla and Exotic Options (Wiley Finance)?

Author

Nassim Nicholas Taleb

Publisher

Wiley; John Wiley & Sons

Published

1997

Language

EN

ISBN

9780471152804

Category

business

Subjects

Finance, Economics, Business

Rating

4 / 5 (275 ratings)

Updated

2026-03-14