Lecture April 15, 2021 03:03 Bill Sharpe's style analysis 09:50 Performance attribution 15:03 Value-at-risk (VAR) 23:09 Stock options 27:58 Option contract essentials 30:36 Options Clearing Corporation 31:37 Comparing returns of a straight stock position to an options position in the same stock 34:54 Stock index options 36:07 Index option quotes 37:49 Option value 38:24 Intrinsic value 42:32 Time value 52:04 Option money- ness 53:00 Writing options 54:13 Option exercise 54:18 American vs. European options 57:23 Option payoffs vs. option profits 58:04 Payoff diagrams 59:04 Call option payoffs 1:02:38 Put option payoffs 1:03:54 Call option profits 1:06:35 Put option profits 1:07:53 Combinations of options 1:0809 Protective puts 1:13:03 Put-call parity