Private investors can use traded options to speculate on price movements in key shares, or to ‘insure’ their holdings against unexpected price movements. They are not just a speculative medium. They can also be used as part of a long-term investment strategy, or as a flexible tool for the management of risk and reward. Traded options are more volatile than ordinary shares. Those skilled and disciplined enough to enter the options arena are in a game where the risks are high, but the rewards for getting it right are highly lucrative. Not fo…

All the solid, hands-on guidance novice traders and investors need to get started in futures and options trading Baby Boomers and retirees alike are flocking to the futures and options markets in record numbers, seeking substantial income-producing investments that outperform mutual funds and boost pension income. Trading 101 is written specifically for these investing newcomers. It not only explains market jargon and trading basics--what is a put? what is a call?--but also guides readers through the how-to's of day-to-day futures and options t…

'Learn and profit from Jeff Augen's book: It clearly explains how to take advantage of market inefficiencies in collapsing implied volatility, effects of strike price, and time decay. A must-read for individuals who are options oriented.' --Ralph J. Acampora, CMT, Director of Technical Analysis Studies, New York Institute of Finance 'A fantastic, insightful book full of meticulously compiled statistics about anomalies that surround option expiration. Not only does Augen present a set of effective trading strategies to capitalize on these anoma…

Written by a trader for a trader, this volume develops a speculative method that traders can use to consistently find and manage profitable trades. In this treatise on the art and science of speculation, trading expert Stuart Johnston combines the profitable elements of three other ways of making money with money banking, bookmaking, and gambling with trading.

An independent consultant with a Ph.D. in mathematics details his strategy for incorporating options into investment portfolios at the inevitable time when one runs out of money to invest. With examples, data tables, and analytic formulas, Eisen explains his gambit with LEAPS (long-term options on highly rated companies) at its core, and its tax im

A resource for understanding and practising valuation of both common fixed income investment vehicles and complex derivative instruments. The book provides a framework for evaluating any fixed income product, valuation techniques for option embedded bonds and valuing interest rate caps and floors.