Overview
Derivatives can be used to hedge the risks in a portfolio, but also can be used for speculative trading as well.
Topics
- Payoff Diagrams - diagrams of the payoff of a derivative vs the underlying.
- Trading Mechanics - discusses some of the operational issues of trading derivatives.
- Trade Strategies - different strategies employed to try to make
money from derivatives
- Trading the Underlying - placing trades in a derivative based on a hypothesis about the underlying.
- Derivative Mispricings - trading a derivative because the derivative itself appears to be mispriced.
- Pnl Attribution is the process of attributing the daily pnl of a derivative contract to the various factors that affect the price.