How the Options Markets Works FROM THE PUBLISHER
Interest in options—and the volume of their trading—has soared since they first appeared on stock exchange listings in the early 1970s. Once the exclusive realm of professional investors and traders, options have more recently become an exceedingly popular investment choice for individual investors. However, despite the growing interest and trading activity, options remain one of the most misunderstood and controversial products in today's investment world.
No longer. How The Options Markets Work is an informative and accessible guide to the ins-and-outs of options and the options markets. It presents a clear and comprehensive introduction to the basics and all-important aspects of options trading. The material is developed in a structured, straightforward manner that enables any investor to gain a complete, working understanding of this complex and extremely lucrative market.
Professional securities trainer oand consultant Joseph A. Walker delivers a wel-rounded analysis of this important subject. His highly readable discussion emphasizes the nature, function, and viability of equity options, as they have become the most significant part of the options markets and generate the greatest investor intertest. To present the complete picture, he also describes other popular options products, such as index options, foreign currency options, and interest-rate options.
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