Futures and Options

Lecture 18 covers hedging using options and compares the benefits of hedging using options versus hedging using futures... Read more

Lecture 17 introduces the concept of put-call parity and its implications for options pricing. Arbitrage relationships ... Read more

Lecture 16 Options on futures are introduced and options terms such as put, call, strike price, premium, and intrinsic ... Read more

Lecture 15: Carter continues the discussion of hedging, giving examples of currency and financial hedges. The concept o... Read more

Lecture 14: Carter introduces hedging with futures as a risk management strategy. He gives examples of long and short h... Read more

Lecture 13 introduces two basic techniques for futures price forecasting: fundamental analysis and technical analysis. ... Read more

Lecture 12 begins with a description of Eurodollar futures contracts including calculation of profit or loss on and exa... Read more

Lecture 11 outlines the three types of financial futures and how they are priced. Professor Carter describes the chara... Read more

Lecture 10 presents the Theory of Normal Backwardation (Keynes) and the Theory of Price of Storage (Working) - explain... Read more

Lecture 9 completes the discussion of the price of storage and provides an example of actual basis for Illinois corn. ... Read more