Publisher's Synopsis
"Thousands of students have benefited from Marty′s ability to translate the analytical complexities of options trading into terms and concepts that can be applied by mathematicians and non–mathematicians alike. This book reflects his unique style very clearly and takes the reader from a practical analysis of the basic concepts to a comprehensive discussion of the risk management techniques and controls required to transform a technical knowledge of the subject into a successful business proposition. The Business of Options is a valuable extension to the academic literature that exists on this important and fascinating subject."–Brian Larkman, Global Head of UK Money Markets Royal Bank of Scotland
"I was fortunate to be trained by Marty O′Connell. It helped shape my thinking. Fifteen years later I can see the same wisdom on these pages."–Nassim N. Taleb, PhD, Founder of Empirica Capital LLC and author of Dynamic Hedging: Managing Vanilla and Exotic Options
"Marty O′Connell is a highly respected pioneer in options education and is uniquely qualified to write this book. The Business of Options is a practical guide to using options as risk management and investment tools; it demystifies successful options strategies without ever resorting to oversimplification."–William J. Brodsky, Chairman and CEO, Chicago Board Options Exchange
"Mr. O′Connell has taught my officers the delicate integration of the theoretical and practical aspects of options. His new book clearly shows the right approach to the business of options."–Katsuto Ohno, President and CEO, IBJ–DL Financial Technology Co. Ltd. Mizuho Financial Group
"There is no better person to present this material than Marty O′Connell."–Blair Hull, Principal, Matlock Capital LLC
