5 ms·
Really depends how deep you want to go. For a structured products introduction you may take a look at this one: https://sspa.ch/en/book/ https://sspa.ch/en/boo
by e-master 8mo ago
Really depends how deep you want to go.
For a structured products introduction you may take a look at this one: https://sspa.ch/en/book/ https://sspa.ch/en/book/
It's a very simple book, very high level, but explains the most popular structured products in a very simple manner. If you can read a payoff diagram, then this is the simplest intro.
Looking at their website though, they seem to have some nice online material there also. For example this explains the 5 most popular products, and perhaps that's good enough for an introduction (really these 5 products cover 90% of the market anyway, though there's no limit to how exotic some bespoke structures can get): https://sspa.ch/en/lab/?underlying=CH0012221716&final_fixing=36&strike=100&protection_level=90&state=selection&product=capital_protection https://sspa.ch/en/lab/?underlying=CH0012221716&final_fixing...
In case you're interested in getting to get to learn about them on a deeper level I would recommend https://www.amazon.com/Exotic-Options-Hybrids-Structuring-Pricing/dp/0470688033 https://www.amazon.com/Exotic-Options-Hybrids-Structuring-Pr.... This book explains not only the products, but also the pricing dynamics and hedging too.
And just a small gem I found recently about volatility trading:https://www.ebay.co.uk/itm/306680584072?chn=ps&_ul=GB&_trkparms=ispr%3D1&amdata=enc%3A1lAP7IxCzQlCBWexbpOKLyA32&norover=1&mkevt=1&mkrid=710-169684-232771-8&mkcid=2&itemid=306680584072&targetid=325425753764&device=m&mktype=pla&googleloc=9188311&poi=&campaignid=20646531776&mkgroupid=160183588928&rlsatarget=pla-325425753764&abcId=&merchantid=101729981&gad_source=1&gad_campaignid=20646531776&gbraid=0AAAAAo9ZJxtYm_3xAIz1Q12hoG3f9wG_D&gclid=Cj0KCQiA-NHLBhDSARIsAIhe9X3RVfNm9IocZmzP0LgTr0yoLJ9doTH4PHn0mgHmn0OqZPQhcIyufeoaAgJVEALw_wcB https://www.ebay.co.uk/itm/306680584072?chn=ps&_ul=GB&_trkpa...
Despite its appalling Amazon reviews I consider this book to be a real gem when it comes to the introduction to vol trading (basically dynamic hedging of equity derivatives)