contents About the Authors vii Acknowledgements viii CHAPTER 1 Introduction 1 CHAPTER 2 Money Market Calculations 7 CHAPTER 3 U.S. Treasury Bills 23 CHAPTER 4 Agency Instruments 45 CHAPTER 5 Corporate Obligations: Commercial Paper and Medi...

Contents Preface ix Acknowledgments xiii About the Author xv Introduction 1 CHAPTER 1 Options Trading: A Primer 5 CHAPTER 2 The Big Picture 16 CHAPTER 3 Option Basics 42 CHAPTER 4 Basic Trading Strategies 76 CHAPTER 5 Introducing Vertical...

Contents CHAPTER 1 Options Trading: A Primer 1 CHAPTER 2 The Big Picture 9 CHAPTER 3 Option Basics 31 CHAPTER 4 Basic Trading Strategies 53 CHAPTER 5 Introducing Vertical Spreads 67 CHAPTER 6 Demystifying Delta 79 CHAPTER 7 The Other Greek...

Contents Acknowledgments ix Introduction xi PART I Getting in the Game RULE #1 Know Your Game 3 RULE #2 Have a Trading Plan 9 RULE #3 Think in Terms of Probabilities 15 RULE #4 Know Your Time Frame 23 PART II Cutting Losses RULE #5 Define...

Contents Introduction vii Setting the Stage xiii Part One: Perspective 1. The Core Idea 3 2. Autobiography of a Failed Philosopher 12 3. The Theory of Reflexivity 25 4. Reflexivity in Financial Markets 51 Part Two: The Current Crisis and B...

Contents Acknowledgments v Introduction vii PART ONE WHAT YOU NEED TO KNOW FIRST 1 Welcome to the Stock Market 3 2 Stocks: Not Your Only Investment 19 3 How to Classify Stocks 29 4 Fun Things You Can Do (with Stocks) 37 5 Understanding Sto...

CONTENTS Acknowledgements ix Introduction: The Q Culture xi PARTI: A TALE OF TWO MARKETS 1 Chapter 1. Mr. Markets Bipolar Disorder 3 Swings, Bubbles, and Crashes / 5 Be an Anomaly / 11 Barrel of Monkeys? / 12 Chapter 2. Prozac Market 17 Ob...

Contents 1 Introduction 1 Part I THE BEAR BACKGROUND 7 2 Overview 9 3 History of Bear Markets 17 Part II ECONOMIC SETTING FOR BEAR MARKETS 29 4 Guideposts for Bear Markets 31 5 Globalization, Terrorism, and Foreign Investment 39 Part III S...

contents 1 Finance and the financial manager 2 Present value and the opportunity cost of capital 3 How to calculate the present value 4 The value of common stocks...

I. The investment setting II. The asset allocation decision III. Selecting investments in a global market IV. Organization and functioning of securities market V. Security market indicator series VI. Efficent capital market VII. An introdu...