Options, Futures, and Other Derivatives
by John C. Hull
11th Edition
Publisher: Pearson
Book Details
| Print ISBN | 9780136939979 |
| eText ISBN | 9780136940043 |
| Publisher | Pearson |
| Publishing Year | 2021 |
| Edition | 11th Edition |
| Language | English |
Options, Futures, and Other Derivatives, 11th Edition, by John C. Hull, offers a detailed exposition of derivative instruments and modern risk management principles. Published by Pearson, this textbook supports undergraduate and graduate courses across business, economics, financial engineering, and mathematics by establishing both mathematical foundations and practical market mechanics.
The text systematically builds quantitative understanding across key financial assets. Early sections examine futures markets, central counterparties, interest rate futures, and hedging strategies. The coverage progresses through option market mechanics, trading strategies, binomial trees, and numerical procedures before analyzing the Black-Scholes-Merton model, Greek letters, and volatility smiles. Later chapters treat credit derivatives, exotic options, Value at Risk, and expected shortfall.
This 11th Edition features updated discussions on Black-Scholes-Merton formulas, overnight indexed swaps, and methods for the valuation of commodity derivatives. It provides students and instructors with a balanced treatment of theoretical derivative pricing and real-world market operations.
Table of Contents
Chapter 1: Introduction
Chapter 2: Futures markets and central counterparties
Chapter 3: Hedging strategies using futures
Chapter 4: Interest rates
Chapter 5: Determination of forward and futures prices
Chapter 6: Interest rate futures
Chapter 7: Swaps
Chapter 8: Securitization and the financial crisis of 2007-8
Chapter 9: XVAs
Chapter 10: Mechanics of options markets
Chapter 11: Properties of stock options
Chapter 12: Trading strategies involving options
Chapter 13: Binomial trees
Chapter 14: Wiener processes and Itô's lemma
Chapter 15: The Black–Scholes–Merton model
Chapter 16: Employee stock options
Chapter 17: Options on stock indices and currencies
Chapter 18: Futures options and Black's model
Chapter 19: The Greek letters
Chapter 20: Volatility smiles and Volatility Surfaces
Chapter 21: Basic numerical procedures
Chapter 22: Value at risk and expected shortfall
Chapter 23: Estimating volatilities and correlations
Chapter 24: Credit risk
Chapter 25: Credit derivatives
Chapter 26: Exotic options
Chapter 27: More on models and numerical procedures
Chapter 28: Martingales and measures
Chapter 29: Interest rate derivatives: The standard market models
Chapter 30: Convexity, timing, and quanto adjustments
Chapter 31: Equilibrium models of the short rate
Chapter 32: No-arbitrage models of the short rate
Chapter 33: Modeling Forward Rates
Chapter 34: Swaps Revisited
Chapter 35: Energy and commodity derivatives
Chapter 36: Real options
Chapter 37: Derivatives mishaps and what we can learn from them
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- eBook - Options, Futures, and Other Derivatives, 11e- ...
- Options, Futures, and Other Derivatives by: John C. Hull
- Options, Futures, and Other Derivatives 11th Edition
- Options, Futures, and Other Derivatives, 11/e, Global Edition
- Options, Futures, and Other Derivatives: New Features
- Options, Futures, and Other Derivatives [RENTAL]
- [PDF] [Ebook] Options, Futures, and Other Derivatives 11th Edition By
- ISBN 9780136939917 - Options, Futures, and Other Derivatives 11th ...
- Options, Futures, and Other Derivatives, 11th Edition
