I have an unusual request/question. I was wondering if anyone here could recommend me some books about risk management and equity derivatives.

I am about to do an internship as a risk analyst on an Equity derivatives desk and I am looking for any book, resources that could prepare me for the job

  • $\begingroup$ What is your current level of knowledge? Risk management of equity derivatives mainly uses "greeks": variables called Delta, Gamma, Theta, etc. Do you know or have you heard of these before? Have you studied Black Scholes Merton model? $\endgroup$ – noob2 Aug 30 '17 at 14:49
  • $\begingroup$ Hi noob2 thanks a lot for the swift reply. I would need something quite "advanced" since I have seen BSM model, and derivatives at school (I have had classes about stochastic calculus as well) $\endgroup$ – Thimonjulie Aug 30 '17 at 15:05
  • $\begingroup$ Then maybe... just relax and enjoy your internship and interact with new people in a new context... ;) $\endgroup$ – noob2 Aug 30 '17 at 15:26
  • $\begingroup$ This question could be already answering to your needs. If you're looking for something more advanced, write another question referring to the other one and pointing out which topics were missing. $\endgroup$ – SRKX Aug 31 '17 at 1:43
  • 1
    $\begingroup$ I doubt this question is a duplicate: He is asking about risk management books and not pricing ones -- these are separate concepts (there is obviously some intersection but they are not identical). Anyway, since you have some BSM exposure, I would go for this one if I were you: link $\endgroup$ – sen_saven Aug 31 '17 at 9:01

I believe that 'Derivatives Markets' by McDonald and 'Options Futures and other Derivatives' by Hull are both good books if you want to refresh your memory.


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