The 1998 edition of the Commodity Trading Manual, the first and most accessible guide to the futures industry, continues to provide new industry professionals and potential end users with a comprehensive overview of the market. The CTM looks both at futures' past, from ancient Greece to old Chicago, and futures' future, with updated coverage of major industry trends -- the rise of new and international markets, OTC derivatives, and electronic trading. Chapters end with annotated bibliographies for more information. The CTM gives the inside look on day-to-day exchange operations and five cash market chapters provide a solid grasp of the market fundamentals. A glossary, a directory of major futures exchanges worldwide, and specifications for the most actively traded futures and options contracts are included.Option Pricing Even though the marketplace is the ultimate determinant of how much an option is worth, there are some basic guidelines traders use to calculate option premiums. In general, an option premium is ... A put option has intrinsic value if its strike price is above the futures price. Any option that has intrinsic value isanbsp;...
|Title||:||Commodity trading manual|
|Author||:||Chicago Board of Trade. Education and Marketing Services Dept|
|Publisher||:||Probus Publishing Co. - 1989|