s金融衍生产品第二讲(金融衍生品上海交通大学,沈思玮) .pptxVIP

金融衍生产品简介;公司增加价值的方式;虚假的公司价值;经常遇到的陷阱;中国证券监管规则中的很多疑问;套期保值的道理;战略性风险管理;经济因素;财务层面;交易机制;期权期货的定义;期货与期权合约交易;期货价格收敛于现货价格;衍生合约的性质;期权与期货图解;期权与期货图解（CALL多头）;期权与期货图解（CALL空头）;期权与期货图解（PUT多头）;期权与期货图解（PUT空头）;期权的一些概念;组合期权;组合期权图解（窄跨）;组合期权图解（宽跨）;组合期权图解（牛市价差）;组合期权图解（熊市价差）;欧式看涨期权与看跌期权平价;证明;T时刻，STK 现金以无风险利率得到K，行使看涨期权得到一单位标的资产 看跌期权价值为零，一单位标的资产 T时刻，ST=K 现金以无风险利率得到K 行使看跌期权得到K 无套利原理;无套利原理;套利的例子;股票市场不能成立;平价的图形显示;期权价格与标的价格;标的资产价格;标的资产价格的正规表示;随机过程的概念;现实而不真实;巧合的意义;最简单的随机过程是 WEINER过程;维纳过程具有分形的性质;概念的内涵与外延;马尔可夫过程;概率空间;鞅性质;ITO过程;1、Genius only means hard-working all ones life. (Mendeleyer, Russian Chemist)? 天才只意味着终身不懈的努力。20.8.58.5.202011:0311:03:10Aug-2011:03 2、Our destiny offers not only the cup of despair, but the chalice of opportunity. (Richard Nixon, American President )命运给予我们的不是失望之酒，而是机会之杯。二〇二〇年八月五日2020年8月5日星期三 3、Patience is bitter, but its fruit is sweet. (Jean Jacques Rousseau , French thinker)忍耐是痛苦的，但它的果实是甜蜜的。11:038.5.202011:038.5.202011:0311:03:108.5.202011:038.5.2020 4、All that you do, do with your might; things done by halves are never done right. ----R.H. Stoddard, American poet做一切事都应尽力而为，半途而废永远不行8.5.20208.5.202011:0311:0311:03:1011:03:10 5、You have to believe in yourself. Thats the secret of success. ----Charles Chaplin人必须相信自己，这是成功的秘诀。-Wednesday, August 5, 2020August 20Wednesday, August 5, 20208/5/2020 6、Almost any situation---good or bad---is affected by the attitude we bring to. ----Lucius Annaus Seneca差不多任何一种处境---无论是好是坏---都受到我们对待处境态度的影响。11时3分11时3分5-Aug-208.5.2020 7、Although the world is full of suffering, it is full also of the overcoming of it.----Hellen Keller, American writer虽然世界多苦难，但是苦难总是能战胜的。20.8.520.8.520.8.5。2020年8月5日星期三二〇二〇年八月五日 8、For man is man and master of his fate.----Tennyson人就是人，是自己命运的主人11:0311:03:108.5.2020Wednesday, August 5, 2020 9、When success comes in the door, it seems, love often goes out the window.-----Joyce Brothers成功来到门前时，爱情往往就走出了窗外。11:038.5.202011:038.5.202011:0311:03:108.5.202011:038.5.2020 10、Life is measured by thought and action, not by time. ——Lubbock