What Are Derivative Pricing Models?

This book introduces the definition and characteristics of the main stock financial derivatives, and systematically explains the mathematical models for pricing these options products and the hedging methods in practice.

Financial Derivatives Pricing Model

This book introduces the definition and characteristics of the main stock financial derivatives, and systematically explains the mathematical models for pricing these options products and the hedging methods in practice.

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The mystery:

The basic theory part of COVER is the same as Shreve's random financial analysis. All are heuristics. I think it's better than Shreve. Because there are too many proofs to skip. After reading at least I know what a random set of gadgets can do. . I have personally asked Dr. Sun whether it is enough to do QUANT to master the mathematical knowledge of this book. Dr. Sun gave me a positive answer to do daily QUANT work. The mathematical knowledge of this book is sufficient. You also need to have enough programming and statistical knowledge to get started.

Where the stars hang:

This is a translation from my undergraduate and classmates. Now read it again, and really write well. Very suitable for people in mathematics.

Patrick Li:

The introduction to mathematics is relatively simple, but this in turn gives a more thorough and concise explanation of the principle. ^[1]