A intuitive and powerful approach to mastering one of the most important options trading tools In 1997, the Nobel Prize in Economics was awarded for the work that led to Black Scholes Options Pricing Theory Black Scholes has become the dominant way of understanding the relationships among options prices, stock forecasts, and expected stock market volatility Option Pricing Black Scholes Made Easy, a book and interactive, animated tutorial, makes this sophisticated way of thinking accessible to everyday traders Animations and simulations present the material in a simple, visual and interactive manner They allow readers to understand easily and intuitively the concepts and outcomes of Black Scholes and probability distributions Black Scholes Options Pricing Theory revealed that investing in options is a probability game Option Pricing Black Scholes Made Easy shows you your odds....
|Title||:||Option Pricing, Website: Black-Scholes Made Easy|
|Publisher||:||Wiley Pap edition October 29, 2001|
|Number of Pages||:||352 pages|
|File Size||:||892 KB|
|Status||:||Available For Download|
|Last checked||:||21 Minutes ago!|
Option Pricing, Website: Black-Scholes Made Easy Reviews
I liked that this book was interactive in the sense that you use included software in each of the exercises and thought that the exercises did a good job of explaining the underlying concepts needed to understand option pricing theory (volatility, probability distributions, Black Scholes assumptions, etc). I did think the software itself was poorly written -- but this was partly offset by the fact that the book gives you step-by-step instructions on what to do in each exercise with the software, and if you follow the instructions it works pretty well.
While the subject matter of this book is challenging, I was not pleased when the book arrived and the pages were meant to be read at 90 degree angle from normal books. That, added with a tight binding made the book nearly impossible to move through. I was also not impressed with the quality of the printing inside. It was far too faded. I felt that the book did not do justice to the subject covered and I ended up returning the book and purchased another book on the subject. I am not trying to be overly critical of the book. I was very enticed by the title and cover, but the way the inside of the book was set up was not near to the quality dedicated to the cover. I think that this has the potential to be a better book if the inside is rotated to that of a normal book and the quality of printing was improved (color printing would be ideal).
This is the bible of learning about options.
Any student or trainee having to study this topic really should buy this tutorial.
From the beginning pages, the explanations are flowing and account for all levels of competency in options, the stock market and the computer skills needed to follow the animations. When you finish the very readable book, you will no longer need to depend on others for advice; you become your own advisor. The animations are excellent while the mathematical concepts are carefully explained. I now have confidence in my knowledge and my decisions. Hats off to Mr. Marlow!
I was skeptical to buy it since there were more than 100 different books available on options... but I am glad I choose this book. Its easy and the software developed beats anything I have seen yet... All the free softwares available are excel based but do not offer such insight on the subject as this book.
This book makes it relatively easy to understand the mathematical principles behind the Black-Scholes theory. The CD guides you through various scenarios and plots everything for you. You don't have to be a mathematician with a PhD from the University of Chicago to appreciate the explanations and diagrams depicted. A "must-have" for every options trader or investor - a definite "keeper"!