Options and futures A.N. Balabushkin.

Options and futures trading is increasingly popular among traders, representing one of the most interesting types of stock trading.

Unfortunately, most beginners don't realize that behind this apparent simplicity lie numerous complex nuances. This is what causes losses. The purpose of the book "Options and Futures" by A.N. Balabushkin is to dispel such misconceptions. This

stock trading textbook introduces readers to the following sections:

1. Forward and Futures Contracts – an introductory chapter devoted to the general characteristics of these trading instruments. From it, you will learn about the different types of futures, the most common types of such contracts, and how they are concluded.

2. Options - Basic Definitions - the very title of the chapter characterizes it perfectly, it covers the basics of options trading, their types and options for receiving a reward in case of a successful outcome of the transaction.

3. Market conditions model - interest rate and option price calculation, methodology for assessing volatility for the working instrument and using the obtained data in stock exchange trading.

4. Value of forward and futures contracts - formulas for calculations and examples of their implementation. Forecast of possible profit for the selected contract.

5. Option valuation - basic approaches to determining the value taking into account interest rates.

6. Black Scholes formula - basic components and modification options for existing market conditions.

7. European options value charts.

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

9. Portfolio value - when assessing futures positions, calculating potential profit.

10. Option volatility - using this indicator to assess the potential profitability of an asset.

11. Spreads and option combinations.

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 collateral obligations.

Options and Futures by A.N. Balabushkin is more of a guide for experienced traders; beginners will primarily find the first chapters useful.

Download Options and Futures by A.N. Balabushkin .