The Business of Options: Time-Tested Principles and Practices256 pages | Wiley; 1 edition (June 18, 2001) | 0471405574 | PDF | 12 MbWhether your firm is a dealer, a corporate hedger, or an investor, Marty O?Connell will teach you to approach your options activities as a business that must be managed as professionally as any other business. As a former options dealer, he addresses the principles and practices of successful options trading in detail. As a senior management consultant, he discusses trading, policy, risk management, and supervisory issues from an executive?s perspective.O?Connell recognizes that not all option market participants are alike. While dealers, corporate hedgers, and investors share many common concerns, tools, temptations, and experiences, they necessarily approach the business differently. O?Connell explains the essential concepts and tools important to all of them, but also tailors his lessons to the unique applications and concerns of each group.With remarkable clarity and confidence, O?Connell will overturn much of what you might assume about the business of options. For each group of market participants, he examines the distinct processes of position selection and position management. He raises the difficult questions and trade-offs that apply to each decision and does it with the feel of a trader and the priorities of a manager.You will sharpen your analytical skills and learn how to:manage and supervise the use of options in your firmunderstand the statistical basis for successful option tradingdecide your own balance between making money and managing riskdevelop your intuition for the practical mathematics of option price dynamicsbe aware of what pricing models can and cannot tell youMarty O?Connell?s option courses are legendary. Now, for the first time, this seasoned veteran puts his lifetime of expertise into a book for all options professionals to read. His intuitive approach to addressing complex issues enables you to stretch your mathematical capabilities.The Business of Options is an entertainingly written, levelheaded, step-by-step tutorial. Marty O?Connell?s down-to-earth style reflects both the optimism and skepticism of a practitioner who, for over 20 years, has actively known, understood, and helped professional dealers and users of options around the world. Download Links (clickable):For more eBooks visit my Profile - click at my nicknameI share many new interesting eBooks every day
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