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U.S. Department of Energy
Office of Scientific and Technical Information

Option trading and oil futures markets

Book ·
OSTI ID:5364462

This book describes mechanics of options trading, particularly their use to complement trading in oil futures and forward markets to increase agents' flexibility in hedging against price risks. The main determinants of option premiums and a number of option pricing models are discussed as are the Black and Scholes Model, issues of options and oil-indexed bonds: The Philbro Proposal, NYMEX Crude Oil Option Contract and Standard Oil Issue.

OSTI ID:
5364462
Country of Publication:
United States
Language:
English

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