|
|
Books : The Volatility Surface: A Practitioner's Guide (Wiley Finance)In association with Amazon.comby: Jim Gatheral  List Price: $60.00 Amazon.com's Price: $37.80 You Save: $22.20 (37%)Prices subject to change. Availability: Usually ships in 24 hours
This item ships for FREE with Super Saver Shipping.
Binding: HardcoverDewey Decimal Number: 332.632220151922 EAN: 9780471792512 ISBN: 0471792519 Label: Wiley Manufacturer: Wiley Number Of Items: 1 Number Of Pages: 208 Publication Date: August 28, 2006 Publisher: Wiley Studio: Wiley Sales Rank: 36586 Related Items:
Editorial Review: Product Description: Praise for The Volatility Surface "I'm thrilled by the appearance of Jim Gatheral's new book The Volatility Surface. The literature on stochastic volatility is vast, but difficult to penetrate and use. Gatheral's book, by contrast, is accessible and practical. It successfully charts a middle ground between specific examples and general models--achieving remarkable clarity without giving up sophistication, depth, or breadth." --Robert V. Kohn, Professor of Mathematics and Chair, Mathematical Finance Committee, Courant Institute of Mathematical Sciences, New York University "Concise yet comprehensive, equally attentive to both theory and phenomena, this book provides an unsurpassed account of the peculiarities of the implied volatility surface, its consequences for pricing and hedging, and the theories that struggle to explain it." --Emanuel Derman, author of My Life as a Quant "Jim Gatheral is the wiliest practitioner in the business. This very fine book is an outgrowth of the lecture notes prepared for one of the most popular classes at NYU's esteemed Courant Institute. The topics covered are at the forefront of research in mathematical finance and the author's treatment of them is simply the best available in this form." --Peter Carr, PhD, head of Quantitative Financial Research, Bloomberg LP Director of the Masters Program in Mathematical Finance, New York University "Jim Gatheral is an acknowledged master of advanced modeling for derivatives. In The Volatility Surface he reveals the secrets of dealing with the most important but most elusive of financial quantities, volatility." --Paul Wilmott, author and mathematician "As a teacher in the field of mathematical finance, I welcome Jim Gatheral's book as a significant development. Written by a Wall Street practitioner with extensive market and teaching experience, The Volatility Surface gives students access to a level of knowledge on derivatives which was not previously available. I strongly recommend it." --Marco Avellaneda, Director, Division of Mathematical Finance Courant Institute, New York University "Jim Gatheral could not have written a better book." --Bruno Dupire, winner of the 2006 Wilmott Cutting Edge Research Award Quantitative Research, Bloomberg LP Average Rating:
 Rating:  - thank you Jim Gatheral, excellent job, very helpful and well worth the moneyJim Gatheral has done everyone in quant fin a service by gathering and organizing his lectures, practical execution issues, and experience in this welcome volume, The Volatility Surface: A Practitioner's Guide. This is simply an excellent, clear work that defies the logic that good valuable books in finance don't get written because authors make more money elsewhere. Compare Gatheral with the execrable collection of disjointed papers with Jarrow's name slapped on it (Volatility, Jarrow, et al,1998). ... Read More Rating: - Traders EnlightmentI found this book by Jim Gatheral very useful from a practical standpoint. His insight for trading applications is remarkable. I reccommend this book to any derivative trader to read from cover to cover. Its filled w/ useful tips and concepts that will save you and your firm from the many pitfalls that arise in marketers trying to satisfy their clients at the house's expense. Managers should make this required reading for all traders. Rating: - Simply the best!Too often we see authors unnecessarily overcomplicate mathematics. Jim Gatheral on the other hand does the reverse. By taking a difficult subject and presenting in a wonderfully concise and pedagogic style he shares with the reader his deep knowledge of volatility. Such an important financial quantity which still appears to invoke fear, Jim Gatheral uses his enviable blend of master practitioner and brilliant academic to combine both the real-world finance principles together with the underlying mathematics ... Read More Rating: - a MUST read!The Volatility Surface is a MUST READ for anyone who desires a deep and practical understanding of the pricing and risk management of derivative claims. Thoughtful enough for academics but accessible to the practicioner. The picture on the back jacket is a masterpiece as well. Rating: - Applying models to the real worldThe book is a great guide to understanding the different models used on Wall Street to capture the intricacies of modeling and pricing derivatives. The books focus of using models as a tool and NOT a solution is a great reminder to both traders and salespeople. This summarized when the author describes the pricing of a digital cliquet. "Those sellers using local Vol models will certainly value a digital cliquet at a lower price than sellers using stochastic volatility. Perversely then, those sellers ... Read More Browse for similar items by category:
|
||