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Baruch Continuing And Professional Studies (CAPS) - Derivatives

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Baruch FIN 4710
Baruch CAPS - Derivatives
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Fordham - MBA Into Fin. Sys & Methods
Seton Hall - Derivatives
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Seton Hall - Bus. Fin. BFIN2201



Fall 2020 Course Outline -  Lectures , Assignments and Exams

Financial derivatives, whose valuation depends on a risk factor, will be defined, explored, and valued in this predominantly quantitative course. Binomial and Black Scholes models will be reviewed and applied to different scenarios. You will also learn hedging strategies effective in mitigating risk in this ever-changing market.

Syllabus Fall 2020

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Professor's INBOX - CAPS

BARUCH COLLEGE (CAPS ONLY) ON-LINE with Professor via Zoom


12:00pm - 2:45pm (NYT)

Sep 22

Sep 29 

Oct 6

Oct 13

Oct 20

Oct 27

Nov 3

Nov 10

Nov 17

  Nov 24


Link to Text Book

Text Book

Introduction to Derivatives and Risk Management 10th Edition

ISBN-13: 9781305104969

Authors: Don M. Chance; Roberts Brooks

Publisher: Cengage Learning

      Chapter    1, 2

Introduction & Structure of Derivatives Markets 

Chapter 6 

Basic Option Strategies 

Chapter 7 

 Advanced Option Strategy

Chapter 3 

Principal of Option Pricing
 Intro to Binomial Pricing Model - Method #1

Chapter 4 

Option Pricing Models:

The Binomial Model -  Single and Multi-stage Approach


Chapter 5 

Option Pricing Models:

The Black-Scholes-Merton Model 


Forwards & Futures 

Chapter        8 

Chapter    11 



Assigned Chapters


Link to Purchase


p 213-224

p 224-230

p 231-236 & 244

p 236-243


p 245-254

p 261-264


Assigned Lectures

Lecture #1

Powerpoint Introduction to Derivatives

Lecture #2

Options - Powerpoint Presentation

Lecture #3

Lecture #4

Lecture #4a (Intro to BOPM)

Lecture #5

Lecture #6



Lecture #7

6 Examples of Futures & Forwards Powerpoint

Chapter 14 - Futures, Forwards and Swaps Powerpoint


Recording Lecture

Swaps - PowerPoint Presentation


Lecture #8


Lectures on YouTube


Introductions to Options and Basic Strategies


Introduction to Option Valuation

One-Period BOPM (Leverage & Probability Method) Call Option 1/3

Two-Period BOPM - Call Option 2/3

Two-Stage BOPM - Put Option 3/3


Interest Rate Swaps - The Basics 1/3

Interest Rate Swaps and benefits 2/3

Simple Interest Rate Swaps 3/3

Currency Swaps & CDS


Zoom Recordings


Assigned Spreadsheets


Basic Option Strategies

Option Spreads

Bionomial Option Pricing Model Method 1 (6-step Method)

BOPM (single and 2-period) Method 2

Black Scholes Option Model


Futures & Forwards






Mid-Term Exam

Options Formula

Midterm Review


Final Exam

Options Formula

Final Exam Review

Homework Assignments


Homework #1:

Chapter 6 #10, 12, 13 (no graph for 13)

Text Book Homework #1

Homework #2:

Chapter 7 #6,9,13 

Text Book Homework #2


Homework #3:

Homework Link #3


Homework #4:

Homework Link #4


Reading Assignments

Greeks in Finance

FB Option Sheet Sep 2019

Options Page on FB

SIFMA Insights: US Listed Options Primer

You Tube Clip on Nike Calender Spread Strategy ahead of Earnings in September 2019

Horse Racing & Options


Hedging on Corona Virus Analysis

S&P500 EDF (SPY) Current Price

Using Options to hedge against Coronavirus

Cummulative Normal Distribution Table

Article on Black Scholes

WSJ Futures Prices

Yahoo Finance Futures Prices

The Big Short Clip on CDS


Practice Sheets


Options Practice Sheet with Answers