We consider the pricing and hedging of options in the models of Cox, Ross, Rubinstein and Black, Scholes. Further topics include the volatility smile, and numerical methods. Structure: 1. Options, futures, forwards 2. Binomial modell 3. Black-Scholes 4. Smile, alternatives to Black-Scholes 5. Risk management 6. Numerical methods 7. Exotic Options
- Lehrende/r: Heiner Beckmeyer
- Lehrende/r: Stefan Menze
Semester: WT 2023/24