Options and Futures Tutorials

The following sample tutorials illustrate how Option Tutor^TM is used to

learn about pricing and hedging options and futures
understand the concepts using actual market data

The Applications Guide to Options and Futures contains about 40 tutorials and a detailed discussion of both the basic theoretical concepts and the institutional details of the various markets. It contains a comprehensive treatment of stock options, index options and futures, currency options and futures, and commodity options and futures.

Pricing and Hedging Tutorials

Binomial Option Replication

Binomial Delta Hedging

Risk Management

Stock Option Tutorials

The Term Structure of Implied Volatilities

The Decay Dynamics of a Butterfly Spread

Currency Options and Futures Tutorials

Computing Implied Foreign Interest Rates from Currency Forwards

Computing Implied Volatilities and Greeks for OCC Issued Currency Options