Fundamentals of Options Market

by Williams, Michael; Hoffman, Amy

• ISBN13: 9780071363181
• ISBN10: 0071363181
• Edition: 1st
• Format: Paperback
• Copyright: 2001-01-09
• Publisher: McGraw-Hill Education

Summary

Options are an investment vehicle that can enhance virtually any investment philosophy. Fundamentals of the Options Market provides a clear, concise picture of this global marketplace. Using examples drawn from contemporary financial news, this completely accessible guidebook describes why and how these versatile tools can be used to hedge risk and enhance return, while explaining popular products including listed stock options, index options, and LEAPS.

Author Biography

Michael S. Williams is president and CEO of Market Compass, LLC, which specializes in financial education for investors and traders online, via the Internet, and through the PCX Institute. Williams has been an options market maker on the Pacific Exchange (PCX) for nearly a decade. He is a frequent speaker at conferences around the country including the TSAA annual conference, the Options Industry Council seminars, and The Money Show.

Amy S. Hoffman is a founder and vice-president of Market Compass, LLC. She has been an options market maker on the Pacific Exchange (PCX) trading for hedge funds and as an independent market maker. Hoffman's financial career began in 1989 as a compliance officer and in-house trader for a large commodities firm. She is currently an instructor for the PCX Institute and Options Industry Council.

Table of Contents

Chapter 1: Introduction to Options.

Chapter 2: Characteristics of Stock Options.

Chapter 3: Building Blocks.

Chapter 4: Pricing Options.

Chapter 5: Option Volatility.

Chapter 6: Introduction to Synthetics.

Chapter 7: The Greeks.

Chapter 8: Position Trading.

Chapter 9: Option Strategies.

Chapter 10: Market Making.

Chapter 11: The Marketplace.

Chapter 12: Getting Started.