Buying And Selling Volatility: 94 (Frontiers in Finance Series) - Hardcover

Kevin B. Connolly

Hardcover

ISBN 10: 0471968846 ISBN 13: 9780471968849

Verlag: New Publisher, 2021

Inhaltsangabe

Páginas:232Géneros:12:KJSA:AdvertisingSinopsis:

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Reseña del editor:

To make a profit, most individual investors and fund managers are forced to take a view on the direction of the price of something. The traditional investment strategy is to study all the aspects of the market place and decide on the value of the instrument under study. If the instrument is cheap, you buy, and if it is expensive, you sell. The traditional view taken is looking at only one dimension of a price sequence - the direction. Options can allow investors to completely ignore the direction of the price and to concentrate on the second dimension - the volatility of the price. It is possible to construct a portfolio containing a given stock and stock options and be completely indifferent to the direction of the price whilst profiting from the volatility of the price. This text explains, with the use of diagrams, how one can profit from the volatility (or lack of it) of the price of an instrument, irrespective of the direction of the price. It discusses the connection between volatility and options without recourse to complex maths.

Contraportada:

The concept of profiting from trading volatility is not new, but is known to only a few players in the derivatives industry. Buying and Selling Volatility is the first book to explain this trading strategy in detail without using complex mathematics. Offering a new approach to the subject of options, seen purely from a volatility viewpoint, the author uses illustrations to clearly explain the connection between volatility and options. He explains how investors can profit from the volatility, or lack of volatility, of an option price regardless of whether the market rises or falls. Useful to both novice investors and professional traders, Buying and Selling Volatility also supplies the reader with a risk management software system that is comparable to those used commercially.

Über diese Auflage

• Verlag: New Publisher
• Erscheinungsdatum: 2021
• ISBN 10: 0471968846
• ISBN 13: 9780471968849
• Einband: Tapa dura
• Anzahl der Seiten: 218