The Options Edge: Winning the Volatility Game with Options on Futures

by Gallacher, William

• ISBN13: 9780070382961
• ISBN10: 0070382964
• Edition: 1st
• Format: Hardcover
• Copyright: 1999-01-01
• Publisher: MCGRAW HILL BOOK COMPANY

Summary

With his take-no-prisoners 1994 book Winner Takes All, Bill Gallacher first carved out a reputation as a no-nonsense authority on the futures trading game. Now, with The Options Edge, he focuses on the world of options on futures, exposing the shortcomings of current theoretical pricing formulae and offering a simple, understandable, and widely applicable option pricing model without invoking any complicated mathematics whatsoever. Gallacher’s watershed book represents nothing less than a new mindset for trading options on futures, a revolutionary approach that depends less on esoteric, theoretical abstractions and more on empirical evidence gathered from the real world of options trading.

Table of Contents

Preface	ix	(2)
OPTION BASICS	xi
1 ROADS LESS TRAVELED	1	(6)
2 FAST FORWARD	7	(8)
OPTION THEORY	15	(70)
3 OCKHAM'S EQUATION	17	(26)
4 THE WORD OF GOD	43	(18)
5 THE EMPEROR OF CHINA'S NOSE	61	(24)
OPTION REALITY	85	(88)
6 PHANTOM OF THE OPTION	87	(14)
7 THE PROMISED LAND	101	(14)
8 BORN AGAIN	115	(38)
9 THE ARMCHAIR BOOKMAKER	153	(20)
REFERENCE	173	(96)
10 VOLATILITY PROFILES	175	(94)
Index	269