Dynamic Hedging: Managing Vanilla and Exotic Options

Nassim Nicholas Taleb, Author John Wiley & Sons $59.95 (558p) ISBN 978-0-471-35347-8
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 financial organizations can use to hedge even the most minute financial activity. Crafted by an option trader who's slugged it out in the international banking netherworld of derivatives risk, this book tears apart the heady instruments of risk management. This no modern financial history for the business-minded; rather, it's a recipe book for pointy-heads who live deep in the nervous system of the global financial system. Taleb explores the differences between European binary options, Asian options and American single binary options, including a case study on ""the ravages of time."" The book jacket proclaims a text ""in plain English,"" but the book is steeped in jargon and concepts targeted to a reader well familiar with the arcane world of the options market.
Reviewed on: 08/01/2002
Release date: 08/01/2002
Show other formats
Hardcover - 528 pages - 978-0-471-15280-4
Ebook - 528 pages - 978-0-470-34104-9
Stay ahead with
Tip Sheet!
Free newsletter: the hottest new books, features and more
Only $18.95/month for Digital Access
or $20.95 for Print+Digital Access!
Only $18.95/month for Digital Access
or $20.95 for Print+Digital Access!
Email Address


Log In Lost Password

PW has integrated its print and digital subscriptions, offering exciting new benefits to subscribers, who are now entitled to both the print edition and the digital editions of PW (online or via our app). For instructions on how to set up your accout for digital access, click here. For more information, click here.

The part of the site you are trying to access is now available to subscribers only. Subscribers: to set up your digital subscription with the new system (if you have not done so already), click here. To subscribe, click here.

Email pw@pubservice.com with questions.

Not Registered? Click here.