Investing in Futures and Options Markets

Rating:
Summary: Futures & Options Markets
Review: Dr. Catlett's book covers futures and options with real life situations. Real life situations include hedging against losses from various situations. I had the opportunity to have Dr. Catlett for a Professor, teaching financial futures markets class at New Mexico State University.

The book covers how to hedge and how not to hedge. He walks you through all of these topics to fully understand the process. There are tables and charts that to help understand the process. After completing the book you will have a great understand of futures and options markets.

The book is a great reference for futures & options trading!

Rating:
Summary: great intro book to options and futures
Review: This is a good book. I had the privelege of recently attending a seminar by Lowell Catlett. He is pragmatic and thorough and yet, at times, witty. This book is written much the same way.

The book is very thorough. It takes you through the history of markets, how they evolved and how they are used today. It provides insights and some "Dos" and "Don'ts". He really makes you think.

It uses a lot of examples that are clear and very helpful. This makes it an excellent reference book for future trades.

The only negative I found in the book is one of its virtues, it is too thorough. I think some of the discussions, such as grains and livestock, are similar. The book could have been shortened by about 10 - 20 percent by combining similar options , commenting on the differences and providing an example.

Overall, I rate this an excellent book! I recently got an MBA from a top school and I learned a ton. This book is a must for the serious options trader who wants to build a good understanding of the investment methods.