Dynamic Hedging – Nassim Taleb

Course Overview
Destined to become a market classic, Dynamic Hedging by Nassim Taleb is the only practical reference in exotic options trading, hedging, and arbitrage for professional traders and money managers. Watch the professionals. From central banks to brokerages to multinationals, institutional investors are flocking to a new generation of exotic and complex options contracts and derivatives.
 
Course Outline
Introduction – Dynamic Hedging
Introduction to the Instruments
The generalized Option
Market-making and market-using
Liquidity and liquidity holes
Arbitrage and the arbitrageurs
Volatility and correlation
Adapting Black-Scholes-Merton: the delta
Gamma and shadow gamma
Vega and volatility surface
Theta and minor Greeks
The Greeks and their behaviors
Fungibility, convergence, and stacking
Some wrinkles of the options market
Bucketing and topography
Beware the distribution
Option trading concepts
Binary options: European style
Binary options: American style
Barrier options (1)
Barrier options (2)
Compound, choosers, and higher-order options
Multiasset options
Minor exotics: look back and Asia options
Other additional modules
 
What Will You Learn?
The key to trading derivatives, especially options
Risk management that targets the real-world needs of professional traders and money managers
A practical, real-world methodology for monitoring and managing all the risks associated with portfolio management
 
Who is This Course For?
Dynamic Hedging by Nassim Taleb covers complex topics regarding options trading and hedging, which may greatly benefit advanced options traders.