Options: The Essential Guide for Getting Started in Derivatives Trading, Tenth Edition

Options provides all of the essential information for learning to trade options, with emphasis on the attributes of strategies, market risks, and expanding uses of options. Whereas most options books focus on profit and loss opportunities, this book tracks an emerging trend in the market—the use of options to hedge market risks in an equity portfolio. Michael C. Thomsett presents the compelling argument that in the near future, options will not be treated as a stand-alone trading vehicle, but offer greater value as a coordinated strategic methodology for managing equity portfolio risks.