Beispielbild für diese ISBN

Options on Futures: New Trading Strategies

Summa, John F., Lubow, Jonathan W.

Verlag: Wiley, 2001
ISBN 10: 0471436429 / ISBN 13: 9780471436423
Gebraucht / Anzahl: 1
Verkäufer Nearfine Books (Brooklyn, NY, USA)
Bei weiteren Verkäufern erhältlich
Alle  Exemplare dieses Buches anzeigen
In den Warenkorb legen
Preis: EUR 26,99
Währung umrechnen
Versand: EUR 3,68
Innerhalb USA
Versandziele, Kosten & Dauer

Für später vormerken

Über dieses Buch

Bibliografische Details

Titel: Options on Futures: New Trading Strategies

Verlag: Wiley

Erscheinungsdatum: 2001

Zustand: very good


Gently used. Expect delivery in 20 days. Buchnummer des Verkäufers 9780471436423-3

Über diesen Titel:

Bewertung (bereitgestellt von GoodReads):
5 durchschnittlich
(2 Bewertungen)

Inhaltsangabe: Increased marketplace volatility and the expanding size of capital markets have led to an explosion of interest in options on futures. What makes these instruments so attractive is that they allow traders to profit from movements in the markets using little up-front capital and plenty of leverage. At the same time, they provide an excellent hedge against the risks associated with capital market investments. This book demystifies these notoriously difficult-to-understand instruments and provides state-of-the-art strategies and tools for making the most of options on futures.
John F. Summa (New Haven, CT) is a CTA and cofounder of, an online service providing market commentary, trading advisories, and assistance with trading system development. Jonathan Lubow (Randolph, NJ) is cofounder and Vice President of Trader's Edge, a futures and options brokerage.


Many of today's investors and traders have acquired a basic understanding of stock options. With the publication of Options on Futures: New Trading Strategies, authors John Summa and Jonathan Lubow show how easy it is for investors and traders to make the transition to commodity options and options on other futures markets. Written as a how-to guide to understanding options on futures terms, characteristics, and strategies, this book also presents a look at some of the authors' favorite strategies in action, under both favorable and unfavorable market conditions. Readers will benefit by having a chance to look over the shoulders of these two experienced options traders as they set up their trades and make adjustments in the heat of battle.

Summa and Lubow present what they call a net selling approach to trading options. The authors persuasively make the case that option buyers (typically inexperienced traders) remain at the mercy of time-value decay, while option sellers have a built-in trading edge because they can profit from the decay of time value and the sale of overvalued options. Option sellers do not totally depend on a market's direction in order to profit, a key advantage to selling options often overlooked by novice traders. The authors compile historical data from the Chicago Mercantile Exchange, which supports their claim that option sellers (also known as option writers) do better than buyers. The data presented by the authors show that the majority of options-most notably over 80% of all S&P futures options-expire worthless. It is the sellers, argue the authors, who are laughing all the way to the bank.

Options on Futures shows you how to incorporate this seller's advantage into a variety of trading strategies, including:
* S&P 500 credit spreads
* Commodity options credit spreads
* Options on futures ratio writes
* Commodity options ratio spreads
* Synthetic call strategies
* Naked calls and puts

Each strategy is explained with hypothetical examples and the reconstruction of actual trades. Investors and traders of all stripes who have any interest in taking advantage of the profit potential of options markets will find Options on Futures full of insights about options and how best to trade them.

„Über diesen Titel“ kann sich auf eine andere Ausgabe dieses Titels beziehen.

Anbieter- & Zahlungsinformationen


Dieser Anbieter akzeptiert die folgenden Zahlungsarten:

  • American Express
  • Carte Bleue
  • EuroCard/MasterCard
  • Visa

[Im Angebot des Anbieters suchen]

[Alle Bücher des Anbieters anzeigen]

[Dem Anbieter eine Frage stellen]

Anbieter: Nearfine Books
Adresse: Brooklyn, NY, USA

AbeBooks Verkäufer seit: 13. Juni 2014
Bewertung: 4 Sterne


We guarantee the condition of every book as it is described on the Abebooks web sites. If
you are dissatisfied with your purchase (Incorrect Book/Not as Described/Damaged) or if the
order has not arrived, you are eligible for a refund within 30 days of the estimated delivery
date. If you have changed your mind about a book that you have ordered, please use the Ask
bookseller a question link to contact us and we will respond within 2 business days.


Shipping costs are based on books weighing 2.2 LB, or 1 KG. If your book order is heavy or oversized, we may contact you to let you know extra shipping is required.

Anbieterinformationen: Nearfine Books is a bookseller specialised in hard-to-find and out-of-print titles. We are based in London and New York.