FX option performance : an analysis of the value delivered by FX options since the start of the Market

Author

• James, Jessica

Additional Author(s)

• Bilington, Peter
• Fullwood, Jonathan

Publisher

West Sussex: John Wiley & Sons Ltd, 2015

Language

English

ISBN

9781118793251

Series

Subject(s)

• FOREIGN EXCHANGE OPTIONS
• OPTIONS (FINANCE)

Notes

• Includes index

. .

Abstract

Daily turnover in FX options is an estimated U.S. $ 207 billion, but many fundamental facts about this huge and liquid market are generally unknown. FX Option Performance provides the information practitioners need to be more effective in the market, with detailed, specific guidance.

This book is a unique and practical guide to option trading, with the courage to report how much these contracts have really made or lost. Breaking free from the typical focus on theories and generalities, this book gets specific – travelling back in history to show exactly how options performed in different markets and thereby helping investors and hedgers alike make more informed decisions. Not overly technical, the rigorous approach remains accessible to anyone with an interest in the area, showing investors where to look for value and helping corporations hedge their FX exposures. FX Option Performance begins with a quick and practical introduction to the FX option market, then provides specific advice toward structures, performance, rate fluctuation, and trading strategies.

Examine the historical payoffs to the most popular and liquidly traded options
Learn which options are overvalued and which are undervalued
Discover surprising, generally unpublished facts about emerging markets
Examine systemic option trading strategies to find what works and what doesn't
On average, do options result in profit, loss, or breaking even? How can corporations more cost-effectively hedge their exposure to emerging markets? Are cheap out-of-the-money options worth it?

Physical Dimension

Number of Page(s)

1 online resource (xi, 252 p.)

Dimension

-

Other Desc.

-

Summary / Review / Table of Content

About the Authors xi
Data Set xii
CHAPTER 1 Introduction 1
CHAPTER 2 The FX Option Market: How Options Are Traded and What That Implies for Option Value 17
CHAPTER 3 It Is All About the Data 33
CHAPTER 4 At-the-Money-Forward (ATMF) Options 47
CHAPTER 5 Out-of-the-Money (OTM) Options: Do Supposedly Cheap OTM Options Offer Good Value? 77
CHAPTER 6 G10 vs EM Currency Pairs 99
CHAPTER 7 Trading Strategies 123
CHAPTER 8 Summary 149
Appendix 157
Glossary 241
Index 247

Exemplar(s)

#	Accession No.	Call Number	Location	Status
1.	01043/19	332.6453 Jam F	Online !	Available