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Options Trading for the Institutional Investor: Managing Risk in Financial Institutions, CourseSmart eTextbook

By Michael C. Thomsett

Published by FT Press

Published Date: Mar 21, 2014

Description

To protect portfolios in today's volatile and uncertain market environment, institutional investors need to hedge losses, create extra sources of income, and reduce risk. In his extensively updated and expanded Options Trading for the Institutional Investor, Third Edition, renowned options expert Michael C. Thomsett shows how to do all this effectively.

 

One step at a time, Thomsett helps you exploit powerful, carefully chosen options strategies that can dramatically increase overall returns as you manage risks within your institution's limits. Writing specifically for institutional investors, Thomsett discusses covered call writing on carefully selected stocks, contingent purchase strategies, and powerful "combination" strategies that produce cash to bolster current income. Thomsett guides you through every strategy, using actual examples, portfolios, and graphs taken directly from today's markets. Wherever applicable, he addresses specific forms of risk and volatility that only institutional investors face.

 

This thoroughly updated Third Edition includes a chart-based analytical method that relies on reversal signals in the underlying as an alternative to volatility analysis. Thomsett presents new chapters on two powerful strategies he has developed and utilized to optimize returns while minimizing risk: the 1-2-3 Iron Butterfly, and the Dividend Collar. This edition also adds detailed new coverage of risk evaluation.

Table of Contents

Preface       xi
Chapter 1 Setting the Ground Rules      1
Chapter 2 Option Basics      15
Chapter 3 Options in Context      61
Chapter 4 Chart-Based Analysis      97
Chapter 5 Managing Profits and Losses       121
Chapter 6 Options as Cash Generators      143
Chapter 7 The 1-2-3 Iron Butterfly       169
Chapter 8 The Dividend Collar       179
Chapter 9 Alternatives to Stock Purchase       193
Chapter 10 Option Strategies in Down Markets       217
Chapter 11 Combination Conservative Techniques       251
Chapter 12 Risk Evaluation Techniques       281
Chapter 13 Stock Selection and the Option Contract       291
Glossary       309
Appendix: Option Trading Strategies       315
Index       319

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Options Trading for the Institutional Investor: Managing Risk in Financial Institutions, CourseSmart eTextbook
Format: Safari Book

$24.99 | ISBN-13: 978-0-13-381173-5