All About Derivatives (All About Series)
Everything you need to know about derivatives--what they are, how they work, and how they can enhance profits and control market riskFinancial derivatives, from standard put and call options to more complex strategies and combinations, are among the most versatile, powerful, and valuable tools available to investors.All About Derivativesintroduces you to the many different types of derivatives, providing simple explanations and easy-to-follow methods for using each.This straightforward, up-to-date examination covers all aspects of derivative contracts, explains techniques for pricing and trading them, shows how to use each to hedge risk or increase profits, and more. Avoiding complicated formulas and theories to focus on the information you need, it shows anyone--from individual investors to corporate risk managers--how derivatives work, how they fit into the larger world of investing, and why they can be the ideal trading vehicle for improving the financial performance of yourself or your organization.Whatever your level of investing expertise, from beginner to veteran,All About Derivativeswill give you the information you need to know:Contracts--forwards, futures, swaps, options, and credit derivativesTerms--volatility, arbitrage, the greeks, and many moreKey mechanics--storage, settlement, valuation, and payoffPricing methods and mathematics for determining fair valueHedging strategies for managing different types of riskLeverage--why it can be your best friend or worst enemyAnd more