CBOT Handbook of Futures and Options
Improve your F&O; trading performance with these hands-on techniques from the world's leading exchangeThe Chicago Board of Trade Handbook of Futures and Optionsgives you the inside details on how futures and options work and how you can use them to either offset price risk or profit from assuming that risk. Written by experienced CBOT traders and personnel, this nuts-and-bolts book details the back-office operations of the futures and options market and explores the various trading strategies utilizing derivative products. This book will provide you with the background and proficiency to understand and profit in these important and lucrative markets.Whether you are a long-time trader or new to futures and options trading, the handbook will tell you what you need to know about:Operational aspects of underlying markets--agricultural, financial, indices, food, and energyHedging tools for transferring risk, controlling costs, and protecting profit marginsSpeculation strategies for assuming, and profiting from, transferred riskUses of margin and leverage, the key profitable benefits of the futures and options marketHow the law of demand impacts your price risk or your ability to profit from riskFor more than 150 years, the CBOT has provided a trusted and established trading platform for all market participants.The Chicago Board of Trade Handbook of Futures and Optionsis the authoritative CBOT manual that explores every aspect of the futures market and provides traders with updated and invaluable futures and options trading strategies and information.Updated, essential information for successfully trading futures and options from the Chicago Board of TradeSince 1848, the Chicago Board of Trade has been a leading futures and futures-options exchange. Whether trading futures and options on futures through an electronic platform or open auction, the CBOT's primary role is to provide liquid markets for its members and customers to use for price discovery, risk management and investment purposes. Today, whatever your role in the futures and options market, the CBOT continues to offer the transparency and confidence that is expected from all market participants.The Chicago Board of Trade Handbook of Futures and Optionsfeatures the most complete information available on the futures and options marketplace, the myriad types of products traded, and the techniques and strategies that significantly improve your chances of profiting from those trades. You will gain tremendous insight from the handbook's detailed explanation of:How the three major types of traders--floor traders, retail (off-floor) traders, and proprietary traders--interact to create liquidityThe changing role of the trader, and the market maker, in the all-new electronic marketplaceEssential data on major futures contracts, including volume, contract specifications, and key exchangesThe mechanics of scalping, day trading, and position trading, and how to integrate each into your personal trading styleIntermarket, intercommodity product, and calendar spread trading strategies that reduce risk and the cost of marginFundamental and technical approaches to forecasting price movements, with the pluses and minuses of eachThe growing market in options on futures, and how popular stock option strategies can be employed in the futures marketsThe past decade has brought unprecedented change and growth to the global futures and options markets. The Chicago Board of Trade has been a leader in driving much of that change and this bookThe Chicago Board of Trade Handbook of Futures and Optionswill only enhance your insight on how these markets behave.