Options and futures A.N. Balabushkin.

Trading options and futures is becoming increasingly popular among traders; this is one of the most interesting types of trading on the stock exchange.

Unfortunately, most beginners do not realize that behind the apparent simplicity lies many complex nuances.

This becomes the cause of losses; the task of the book “Options and Futures” written by A. N. Balabushkin is precisely to dispel such misconceptions. The textbook on trading on the stock exchange will introduce its readers to the following sections:

1. Forward and futures contracts - an introductory chapter devoted to the general characteristics of the trading instruments under consideration. From it you will learn what futures are, the most common types of such contracts, as well as how they are concluded.

2. Options - basic definitions - the title of the chapter itself characterizes it perfectly; it lays out the basics of options trading, their types and options for receiving compensation if the transaction is successful.

3. Model of market conditions - interest rate and option price calculation, methodology for estimating volatility for a working instrument and using the obtained data when trading on the stock exchange.

4. The cost of forward and futures contracts - formulas for calculations and examples of their implementation.

Forecast of possible profit for the selected contract. 5. Valuation of options - main approaches to determining value taking into account interest rates.

6. Black Shoals formula – main components and modification options to suit existing market conditions.

7. Charts of the cost of European options.

8. American options – their main advantages over European ones, and methods for determining their value.

9. Portfolio value – when evaluating futures positions, calculating potential profit.

10. Option volatility - the use of an indicator to assess the possible profitability of an asset

11. Spreads and combinations of options.

12. Hedging – as a way to reduce risks when trading futures and options.

13. Collateral – the Maar system used by the Clearing House to secure guarantee obligations.

Options and futures A.N.

Balabushkin are more of a guide for experienced traders; beginners will mainly find the first chapters of the book useful. Download Options and futures A.N. Balabushkin .