Richard Ivey School of Business

Stephen Sapp
Assistant Professor of Finance
Richard Ivey School of Business
University of Western Ontario
1151 Richmond Street
London, ON N6A 3K7
Canada

Phone: (519) 661-3006
email : ssapp@ivey.uwo.ca


Here are links to several non-technical pieces that talk about different aspects of derivative securities.  They are from a series written by Don M. Chance, Professor of Finance at the Center for the Study of Futures and Options Markets at Virginia Tech, and are in html format.  Feel free to have a look at some or all of the pieces.


The principal topics in each piece are:

Swaps

American vs. European Calls

American vs. European Puts

Structured Notes

Asset-Backed Securities

Option Pricing -- the Black-Scholes model

Option Pricing -- the Binomial model

Option Pricing -- other/numerical methods

It's all Greek to me

Puts as Portfolio Insurance

Calls as Margin and Insurance

Geographic Options

Misconceptions about Covered Call Writing

Forwards and Futures

Interest Rate Swaps

Currency Swaps

Equity Swaps

Commodity Swaps

Barrier Options

Straddles and Choosers

Compound and Installment Options

Managed Futures

Delivery Options

Credit Risk in Derivatives

Value at Risk