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Title: Option trading and oil futures markets

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.
Authors:
;
Publication Date:
OSTI Identifier:
5364462
Resource Type:
Book
Publisher:
Pergamon Books Inc.,Elmsford, NY
Country of Publication:
United States
Language:
English
Subject:
02 PETROLEUM; PETROLEUM; MARKET; CONTRACTS; FORECASTING; PRICES; TRADE; ENERGY SOURCES; FOSSIL FUELS; FUELS 020700* -- Petroleum-- Economics, Industrial, & Business Aspects