Fundamentals of the Options Market

by Michael S. Williams and Amy Hoffman

Book Overview

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...

• Format: Paperback
• Language: English
• ISBN: 0071363181
• ISBN13: 9780071363181
• Release Date: January 2001
• Publisher: McGraw-Hill Companies
• Length: 340 Pages
• Weight: 2.40 lbs.
• Dimensions: 0.8" x 9.1" x 10.4"

Customer Reviews

Finally....

Finally, a book about options that is understandable and helpful. The book has been reprinted so the errors that the other readers referred to have been corrected. I loved it!

Outstanding primer

This book covers all the basics and a little beyond of option trading. Well written and organized.

A home run for the options trader

Mike Williams and Amy Hoffman have written a clear concise book that is the best single option book of the scores that I have read. They teach a course thru the Pacific Options Exchange that I have had the pleasure of taking. The course is excellent and the book is superb. I was asked to help them improve their course and it needed very little improvement and the book is just the best description of synthetics and the more complex strategies in easy to understand examples. Mike and Amy you really outdid yourselves on this work - you should be proud.

The best options book written.

There are a few other good books on the subject of options trading (most notably those written by McMillan and Natenberg) but none offers such complete knowledge combined with the real world perspective of a floor trader. All the information here is USEFUL and PRACTICAL! This is by far the best book on options trading ever written. It's a must have for any serious investor.

Now I understand volitility!

...well, almost! Reading this clear and concise book makes me feel that even a math-phobe like me can master the options market! While reading the explainations of what an option is, to the lingo, to postions, I never felt that I was in over my head...or that it was written in a way that was determined to go over my head! It's simplicity was refreshing and empowering, and I find that I go back to it again and again as a reference point.Who knew I'd ever get excited over a book about options trading?