Prerequisites: None

Exam Type: No Exam

This reading group will introduce students to the basic forms of derivatives used in financial engineering including forwards, futures, put and call options of various types, option valuation, option sensitivities, hedging, and the put/call parity equation. If time permits, the final class will include an overview of option taxation.

Note: This reading group will meet on the following dates: 2/2, 2/9, 2/16, 2/23, 3/2, 3/9.