Description
The Traded Option is a flexible, versatile instrument for controlling investment risk. It can be used with equal efficiency either to reduce or increase exposure to market forces. By using different option strategies, gains can be made in falling as well as rising markets. A relatively small change in the price of a company's shares can mean a relatively much larger movement in the price of an equivalent option.
The LTOM book of Traded Options explains the principles of Traded Options: what options are and the potential risks and rewards to be achieved from their use. It gives a comprehensive introduction to this fast growing market for the private investor as well as in-depth insights into strategies, valuation and risk management and as such is of equal value to the institutional investor.