{"product_id":"equity-and-index-options-explained-isbn-9780470697177","title":"Equity and Index Options Explained","description":"\u003cp\u003eIn 2007 over 400 million equity option contracts were traded but it is a volatile market, prices are ever changing with supply and demand – the only certainty is that they will change. With little knowledge or experience, an uninformed decision can quickly drain capital. This book explains equity options from absolute basics, assuming no prior knowledge of the subject. It shows traders starting out and already using the exchanges how to enhance their equity portfolio by using the whole range of investment opportunities and tools available. This will help investors to reduce their costs, enhance returns and manage price risk with certainty and precision.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eEquity Options Explained is a practical guide to trading equity options, supported by Liffe (part of the NYSE Euronext exchange group).\u003c\/li\u003e \u003cli\u003eWritten by Bill Beagles, a well known, highly experienced trader and trainer, creating a unique combination in this area.  Bill is still highly active in the markets, which brings a practical perspective to his training and the books.\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eForeword vii\u003c\/p\u003e \u003cp\u003ePreface: Trading Language and Products ix\u003c\/p\u003e \u003cp\u003e1 Option Basics 1\u003c\/p\u003e \u003cp\u003e2 Option Specifications 9\u003c\/p\u003e \u003cp\u003e3 Exercise and Assignment 13\u003c\/p\u003e \u003cp\u003e4 Option Uses 19\u003c\/p\u003e \u003cp\u003e5 Option Price and Value 31\u003c\/p\u003e \u003cp\u003e6 “Moneyness” 39\u003c\/p\u003e \u003cp\u003e7 Pricing Options 43\u003c\/p\u003e \u003cp\u003e8 Skew 61\u003c\/p\u003e \u003cp\u003e9 Option Pricing Revisited: the “Greeks” 71\u003c\/p\u003e \u003cp\u003e10 Basic Option Strategy 95\u003c\/p\u003e \u003cp\u003e11 Option Spreads 105\u003c\/p\u003e \u003cp\u003e12 The Collar (Fence) 107\u003c\/p\u003e \u003cp\u003e13 Long Call Spreads (Bull Call Spreads) 119\u003c\/p\u003e \u003cp\u003e14 Long Put Spreads (Bear Put Spreads) 127\u003c\/p\u003e \u003cp\u003e15 Short Call Spreads (Bear Call Spreads) 139\u003c\/p\u003e \u003cp\u003e16 Short Put Spreads (Bull Put Spreads) 147\u003c\/p\u003e \u003cp\u003e17 Selling Naked Puts versus Selling Put Spreads 151\u003c\/p\u003e \u003cp\u003e18 Long Verticals versus Short Verticals 157\u003c\/p\u003e \u003cp\u003e19 Long Straddles 161\u003c\/p\u003e \u003cp\u003e20 Long Strangles 167\u003c\/p\u003e \u003cp\u003e21 Short Straddles 173\u003c\/p\u003e \u003cp\u003e22 The Iron Butterfly 179\u003c\/p\u003e \u003cp\u003e23 Short Strangles 185\u003c\/p\u003e \u003cp\u003e24 The Iron Condor 187\u003c\/p\u003e \u003cp\u003e25 Calendar Spreads 193\u003c\/p\u003e \u003cp\u003e26 Long Call Calendars 195\u003c\/p\u003e \u003cp\u003e27 Short Call Calendar Spreads 201\u003c\/p\u003e \u003cp\u003e28 Long Put Calendar Spreads 205\u003c\/p\u003e \u003cp\u003e29 Short Put Calendar Spreads 209\u003c\/p\u003e \u003cp\u003e30 Diagonal Spreads 213\u003c\/p\u003e \u003cp\u003e31 Yield Enhancement 219\u003c\/p\u003e \u003cp\u003e32 Gamma Trading 223\u003c\/p\u003e \u003cp\u003e33 Resources 233\u003c\/p\u003e \u003cp\u003e34 Summary 235\u003c\/p\u003e \u003cp\u003eGlossary 237\u003c\/p\u003e \u003cp\u003eIndex 247\u003c\/p\u003e \u003cp\u003e\u003cb\u003eW.A. Beagles \u003c\/b\u003egraduated in economics in 1984, before starting his City career with Lloyds Bank as an FX trader and going on to help establish the bank’s presence on the LIFFE trading floor. In 1986, Bill joined AOT, a specialist option trading firm, for whom he traded a range of option products on LIFFE and LTOM in London, the MATIF in Paris, the EOE in Amsterdam and the electronic DTB (fore-runner of Eurex) in Germany.  Following in the footsteps of many successful traders before him, Bill “went local” in 1994, making markets in the FTSE 100 Index option on LIFFE.  When the open outcry trading floor closed in 2000, Bill had the honour of ringing the closing bell for the final time.\u003c\/p\u003e \u003cp\u003eJoining up with Simon Hart and Andy Swaine, two long term friends and fellow traders, Bill then set up K2 London, a trading company that combines day-to-day derivatives trading with fund management, education and consultancy.  Since 2000, Bill has provided specialised education and consulting services to a wide range of institutions including LIFFE and the LSE in London and to a range of government agencies and major companies across the globe. \u003c\/p\u003e\u003cp\u003eBill’s combination of current market knowledge and educational experience allows him to present the complex subject of options in a clear and intuitive fashion.  \u003c\/p\u003e\u003cp\u003eAre you looking to reduce your costs, enhance your returns and manage your price risk with certainty and precision? Look no further,\u003ci\u003e Equity and Index Options Explained \u003c\/i\u003eis the book for you!\u003c\/p\u003e \u003cp\u003eWritten by experienced trader and consultant Bill Beagles, this book is a practical guide to trading equity options for everyman and everywoman whether professional investor or part-time “punter”. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eNYSE Liffe\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eNYSE Liffe is the brand name for the global derivatives business of NYSE Euronext – the world’s largest and most diverse exchange group. NYSE Euronext operates futures and options markets in both the US and Europe. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eEuropean markets\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eIn Europe, NYSE Liffe runs futures and options markets in Amsterdam, Brussels, Lisbon, London and Paris where every day approximately two trillion euros worth of derivatives business is traded by customers from around the world. NYSE Liffe offers a broad choice of derivatives products including short-term interest rates, single stocks, indices, swaps, government bonds, commodities and currencies – all available to trade via state-of-the-art electronic trading platform.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989152514277,"sku":"NP9780470697177","price":82.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780470697177.jpg?v=1761783009","url":"https:\/\/k12savings.com\/products\/equity-and-index-options-explained-isbn-9780470697177","provider":"K12savings","version":"1.0","type":"link"}