A thoroughly updated, new edition of this fundamental options trading book, which introduces you to the instruments and markets of options and gives you the confidence to trade successfully.
The new edition of this book explains options using real-life terminology, with every-day examples and accessible language.
Updates to this new edition include:

• Information on how the industry has changed in terms of new models and products and the evolution of basic strategies.
• Information about the misuse of derivatives which helped bring about the near-systemic collapse of the world’s economies
• An overview of products that have succeeded and those that have not.
• An overview of new products i. e. Funds and Exchange Traded Funds.
• Updated case studies and examples.
• Updated glossary.