Options: the essential guide for getting started in derivatives trading (10th edition.)

Options provides all of the essential information needed to learn to trade options, with emphasis on the attributes of strategies, market risks, and the expanding uses of options.

Whereas most options books focus on profit and loss opportunities, this book tracks an emerging trend in the market - the use of options to hedge market risks in an equity portfolio.

The author presents the compelling argument that in the near future, options will not be treated as a stand-alone trading vehicle, but offer greater value as a coordinated strategic methodology for managing equity portfolio risks.