H1 (98%) FNCE30007 Derivative Securities notes Sem 2 2021

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Useful, yet concise notes that summarize lecture slides, notes taken during lecture and online tutor content. I always paid attention when having lectures and jointed down a lot of notes that help us to understand the content easily. I also read almost all of the questions and answers on online tutor forum and included those that are useful in this lecture notes. I used this lecture notes and tutorial to do revision for final exam and received 98% for this subject. Hope this lecture notes can help you to improve your understanding and achieve H1! Topic covered: (1) Introduction to Derivatives (2) Hedging using Futures and Forwards (3) Determination of Forward and Futures Prices and their relation with Spot Prices (4) Forward and Futures Prices and their relation with Spot Prices Part II (5) Options Markets (6) Trading Strategies involving Options (7) Binomial Pricing Model (8) Optimal Exercise & Extensions of Put-Call Parity (9) Black-Scholes-Merton Model (10) Greeks (11) The Evolution of Derivatives (Call skew, Tail hedge, Gamma squeeze) (12) Formula sheet