Get the acknowledged industry classic revised and updated to deliver everything from time-honored options concepts to strategies for individual and institutional investors and traders. Every stock trader or market maker, whether currently involved with options or not, should own Options: Essential Concepts and Trading Strategies, Third Edition.

Written by today's leading options practitioners -- and edited by The Options Institute, the globally renowned Educational Division of the Chicago Board Options Exchange -- Options leaves no stone unturned in delivering the most complete, authoritative, and easy-to-understand blueprint available for navigating the profitable twists and turns of today's options marketplace. No-nonsense, packed with useful information, and valuable as either an introductory textbook or a comprehensive fingertip reference source, this thoroughly revised and updated edition details:

• What options are, how they are priced, and how they are traded


• Basic option trading strategies such as covered writing and protective puts


• Advanced strategies involving LEAPS and the stock repair strategy


• Options from three points of view: private investor, institutional investor, and market maker


• How to use the power of the Internet for trading and detailed information gathering

The well-organized, thought-provoking, and dependable ideas found here will help you use options to increase the returns in virtually any investment mix. The comprehensive answers to a wide range of options questions...