W FINANCIAL ENGINEERING. DINAMIC. HEDGING. MANAGING. VANILLA AND . EXOTIC OPTIONS. Nassim Taleh. Page 2. Page 3. Page 4. Page 5. Page 6. Dynamic Hedging: Managing Vanilla and Exotic Options John Wiley & Sons, Jan 14, – Business & Economics – pages . Wiley finance editions. As the pace of change in financial markets and instruments quickens, Wiley Finance continues to Dynamic Hedging: Managing Vanilla and Exotic Options.

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This Print-on-Demand format will be printed specifically to fill your order. Some Wrinkles of Option Markets.

Compound Choosers and Higher Order Options. Liquidity and Liquidity Holes. Market dynamics viewed from the practitioner’s vantage point, including liquidity janaging, portfolio insurance, squeezes, fat tails, volatility surface, GARCH, curve evolution, static option replication, correlation instability, Pareto-Levy, regime shifts, autocorrelation of price changes, and the severe flaws in the value at risk method.

Nassim Nicholas Taleb spent 21 years as a risk taker quantitative trader before becoming a flaneur and researcher in finacne, mathematical and mostly practical problems with probability.

Wiley Trading

Itprovides a real-world methodology for managing portfolioscontaining any nonlinear security. If he had just held the scimitar aloft and said, “let us slay the black swan,” then I assume that lots of quants would have been there with him sparking up the torches and sharpening the pitchforks.

dynamiic Managing Vanilla and Exotic Options. Refresh and try again. Taleb’s book, Fooled by Randomness, was translated into 23 languages.

If the dot-com bubble was an age of unabashed risk-taking, the prolonged hangover from that binge has fostered a period of risk aversion; this snappily titled volume is a detailed text of tools that Tomcs29 rated it it was amazing Nov 26, Trading and Hedging Exotic Options.


Written to provide professionals and individuals with the most current thinking from the best minds in the industry, it is no wonder that the Wiley Finance series is the first and last stop for financial professionals xynamic to increase their financial expertise. Taleb successfully bridges the gap between the academic and the real world.

Fungibility, Convergence, and Stacking. Gamma and Shadow Gamma. There are no discussion topics on this book yet.

[PDF] Dynamic Hedging: Managing Vanilla and Exotic Options (Wiley Finance) [Read] Online

High Performance Options Trading: I know that, for some bizarre reason, this vanills became almost a ‘classic’ among option traders why???

Market Making and Market Using. Taleb successfully bridges the gap between the academic and the real world. But alas, Dynamic Hedging is a strong advanced text which goes through many nuanced topics. Taleb’s book is one of the best at teaching derivatives concepts by heuristics rather than pedagogy; while the latter is important, the former is This book will be of zero interest to optjons not involved in the securities trading industry and of small interest still to those not involved with derivatives.

With critically acclaimed books by leading thinkers on value investing, risk management, asset allocation, and many other critical subjects, the Wiley Finance series provides the financial community with information they want. Allow additional time for delivery. Dynamic Hedging is replete with helpful tools, market anecdotes, at-a-glance risk management rules distilling years of market lore, and important definitions.

It presents risks from thevantage point of the option market maker and arbitrage operator. But there comes a time where you have to overcome difficulties if you really want to learn. The book contains modules in which the fundamental mathematics of derivatives, such as the Brownian motion, Ito’s lemma, the numeraire paradox, the Girsanov change of measure, and the Feynman-Kac solution are presented in intuitive practitioner’s language.


Dynamic Hedging is replete with helpful tools, market anecdotes, at-a-glance risk management rules distilling years of market lore, and important definitions.

His approaches dnyamic sound. From Statistical Physics to My library Help Advanced Book Search.

I read this book when I was still studying. Print this page Share.

WileyTrading: Dynamic Hedging: Managing Vanilla and Exotic Options – Nassim Nicholas Taleb

Somewhat complex and not for the everyday investor 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. Other editions – View all Dynamic Hedging: But once you read those, this one should definitely be next on your list. I say call it like you see it. Still, the amount of intuition garnered about how to deal with, or even think about such things contained in Dynamic Hedging is tiny compared with, for example, the books by Sheldon Natenberg or Lawrence G.

That liquid splashing your ear is not rain, my friend. Jovany Agathe rated it it was ok Feb 07,