Hisse senedi opsiyonları ve İstanbul Menkul Kıymetler Borsası'nda uygulanabilirliği
Başlık çevirisi mevcut değil.
- Tez No: 355157
- Danışmanlar: PROF. DR. NAZIM EKREN
- Tez Türü: Doktora
- Konular: Ekonomi, Economics
- Anahtar Kelimeler: Belirtilmemiş.
- Yıl: 1997
- Dil: Türkçe
- Üniversite: Marmara Üniversitesi
- Enstitü: Bankacılık ve Sigortacılık Enstitüsü
- Ana Bilim Dalı: Bankacılık Ana Bilim Dalı
- Bilim Dalı: Belirtilmemiş.
- Sayfa Sayısı: 216
Özet
Özet yok.
Özet (Çeviri)
Trading in financial futures and options has come to play such an important role in the Iinancialmarkets tbat it is surprising to recall tbat these markets arc less tban 15 years old. The objective or this study is to sketch the role of stock options in the overall financial marketsystern and to describe the interaction between the option market and those fur the underlying securities as well as to discuss the applicability of stock options in the Istallhlll Stock 1':xch:1I1gC (lSI':) Ikriv:llives fvimkd tlHlt will he lallnched hy the elld or the year 1997. The approach offered here will try to shed light on any change in the market when stock options starts trading in the capital market. ror this purpose, a single stock which is currently under privatization and h~lS the highest trading volume in the lSE Securities Market is selected The study in summary covers the following topics: • The development and structure of opliQns markets is covered in general terms, • The basic concepts, theory and pricing of stock options is discllssed in detail, • The options pricing models und tlwir historical development is presented, • The advantages und disadvantages of option pricing models, specillcally binomial and B1ack-Scholes models, and the modifications that may Icad to considerable improvement in pricing is discussed, • The sensitivity analysis of option premium to vanoLls factors that lead to the , formation of an option price is analyzed, • The applicability of stock options in the Turkish Capital Markets in the absence of Derivalives Market is investigated 011 a selected single stock, • The stock volatilily of ISE Securities Market ancl ils term structure is covered and its polential impact on stock option initiation is discussed, • The polential economic and financial impact or stock option 111 Turkey IS evaJ uatecl. To begin with, options are financial instruments that can provide the individual and/or institutional investor, with tbe flexibility that he needs in almost any investment si tuation he may encounter. Optiolls give tile illvestors optiolls. 'I'11 1 and 0 < d
Benzer Tezler
- Hisse senedi opsiyonları ve fiyatlandırması
Stock exchange options and pricing
SİNAN BURAK SALI
Yüksek Lisans
Türkçe
1999
İşletmeYıldız Teknik Üniversitesiİşletme Yönetimi Ana Bilim Dalı
YRD. DOÇ. DR. GÜLER ARAS
- Hedging (riskten korunma) amaçlı portföy stratejilerinde vadeli işlem sözleşmelerinin kullanımı ve Türkiye uygulaması
The Use of futures contract at Hedging-Purpose portfolio strategies and their related feasibility in Turkey
HULUSİ ÜNAL
- Hisse senedi opsiyonları ve opsiyon fiyatlama modelleri
Stock options and options pricing models
TURHAN KORKMAZ
