Futures and Options

FINC355 (Not Liberal Arts) Futures and Options 3 hrs. 3 crs. This course provides a detailed analysis of options, futures, and other financial instruments, and emphasizes the valuation and uses of pricing models, and trading and hedging strategies. Students are first introduced to the basic techniques of futures and forwards, including pricing, hedging, and other applications. Next, these techniques are applied through an introduction of interest rates swaps. The rest of the course focuses on options. Option pricing theory and trading strategies are covered, and the applications to stock indices and other commodities are also introduced. Not open to students with credit in BUS 355. Preq: FINC 322.