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Fordham University - Futures, Options & Other Derivatives

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---- SPRING 2025 LECTURES ---
Columbia ERM 5001 Intro to Finance
Fordham FNBU 3446 Deriv. - Tue
Fordham FNBU 3446 Deriv. - Wed
SHU BFIN 4255/7255 Fin. Model Mon
SHU BFIN 4255 Fin. Model Tue/Thu
SHU BFIN 4261 Private Equity
SHU BFIN 4234/7331 Derivatives
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--------- 2025 SEMINARS ---------
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BARUCH COLLEGE
COLUMBIA UNIVERSITY
FAIRLEIGH DICKINSON UNIVERSITY
FORDHAM UNIVERSITY
SETON HALL UNIVERSITY
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INFO:

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Syllabus

Syllabus Spring 2025

Professor's Inbox
(upload info for Professor)

Professor's INBOX

Processor's Email

Class Info/time

Wednesdays 11.30am-2:00pm

Deally Hall 301

 

Zoom Room

Zoom Link

Supplemental Textbook:

Supplemental Textbook

Blackboard Link:

Blackboard Link

Office Hours/Remote
(9:00-5pm)

Make an Appointment Link

 

Jan 15 On-line Introduction

Jan 22 

Jan 29

Feb 5 

Feb 12

Feb 19

Feb 26

 

Mar 5

Mar 12

Mar 19

Mar 25

 

Apr 2

Apr 9

Apr 16

Apr 23

Apr 30

   

OPTION STRATEGIES AND VALUATION

     

N

O

 

C

L

A

S

S

   

FUTURES, FORWARDS, SWAPS, CDS AND FRA's

EQUITY
VALUATION

   

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      Chapter 13

Introduction & Structure of Derivatives Markets 

Chapter 13 

Intro to Options (Calls, Puts and Straddles) 

N

O

 

C

L

A

S

S

Chapter 13 

Basic Option Strategies (Protective Puts, Covered Calls and Collars) 

Chapter 13

Advanced Option Strategies (Bull, Bear and Butterfly Spreads) 

Chapter 13 

Intro to Binomial Pricing Model Leveraged (6 step) and Probability Methods

Chapter 13

 The Black-Scholes-Merton Model 

     

GOING OVER MIDTERM EXAM 

 

Chapters 14

Forwards & Futures

Chapters 14 and Instructor's Notes

Credit Swaps, TRS
CDS and FRA's

Instructor's Notes:
 
 Equity Valuations using Options approach
 

EXAM REVIEW

 

Assigned Lectures

Introduction to Derivatives

Options: Concepts, Strategy and Valuations

Options: Concepts, Strategy and Valuations

Options: Concepts, Strategy and Valuations

Options: Concepts, Strategy and Valuations

Options: Concepts, Strategy and Valuations

Article on Black Scholes

Bitcoin Assume Option Valuation

Horse Racing & Options

CFA BOPM

 

EXAM REVIEW

Midterm Exam - Options

Options Formula

Options Practice Sheet with Answers

     

Futures, Forwards & Swaps

Futures, Forwards & Swaps

Valuation of start-up businesses using Black-Scholes Options Pricing Model

Final Exam Review

 

Zoom Recordings

Zoo Recording 1/15

Zoom Recording 1/22

                           

Lecture 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

     

Assigned Spreadsheets

 

Excel Template: Options: Concepts, Strategy and Valuations

Basic Option Strategies (Protective Puts, Covered Calls, Collars)

Excel Template: Options: Concepts, Strategy and Valuations

Advanced Strategies (Bull, Bear, Butterfly Spreads)

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

BOPM (single and 2-period) Method 2

Black Scholes Option Model

 

Options Formula

Options Practice Sheet with Answers

     

Futures & Forwards

Chapter 14 - Futures, Forwards & Swaps

SWAPS

Total Return Swaps (TRA)

SaaS IP Case Study - OPM Valuation

Distress Company Valuation using Black Scholes - Spirit Air Bankruptcy

   

EXAMS

               

MidTerm Exam taken Online via blackboard

           

Final Exam

Homework Assignments

   

Homework #1

(Upload Homework on Blackboard)

Homework #2

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Homework #3

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Homework #4

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Homework #5

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Homework #6

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Homework #7

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Homework #8

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Reading Assignments

textbookfirsteditionV2.jpeg.jpg

 An Analytical Approach to Investments Finance & Credit (1st Edition)

C.Droussiotis,  Cognella Publishing 

To Purchase Textbook

ARTICLE: GameStop's Gargantuan Gamma Squeeze

GameStop Charts

Greeks in Finance

SIFMA Insights: US Listed Options Primer

 

Trading and valuing Options

WSJ: FB says Apple's Privacy Changes Hurt Digital Ad Measurement

CNBC Option Segment on FB's sadden drop in stock

Options Page on FB

FB PUT Option Spreadsheet

Total Return Swap gone wrong - Article

         

WSJ Futures Prices

Yahoo Finance Futures Prices

LIBOR MARKETS Interest Rates

Managing Negative Interest Rates

The Big Short Clip on CDS

Total Return Swap gone wrong - Article

     

Practice Sheets

 

Options Practice Sheet with Answers

   

The Greeks in Options Explain

                     
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