Option Pricing Theory Explained - Raghavendra Rau

An episode of the Gresham College Lectures podcast, hosted by Gresham College, titled "Option Pricing Theory Explained - Raghavendra Rau" was published on March 18, 2024 and runs 126 minutes.

March 18, 2024 ·126m · Gresham College Lectures

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Summary

We often change our minds after we decide to do something. In finance and business though, if you think you might like to change your mind you will have to pay your counterparty so that your right to change your mind is agreed in advance. But how much is the right to change your mind worth? Option pricing is the art of determining the value of this right. This lecture was recorded by Raghavendra Rau on 26th February 2024 at Barnard's Inn Hall, London The transcript and downloa...

Episode Description

We often change our minds after we decide to do something.

In finance and business though, if you think you might like to change your mind you will have to pay your counterparty so that your right to change your mind is agreed in advance.

But how much is the right to change your mind worth?

Option pricing is the art of determining the value of this right.

This lecture was recorded by Raghavendra Rau on 26th February 2024 at Barnard's Inn Hall, London

The transcript and downloadable versions of the lecture are available from the Gresham College website:
https://www.gresham.ac.uk/watch-now/option-pricing

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