This book was created on the basis of the author's educational materials for traders of the Chicago CBOT exchange and is a time-tested textbook on working in the options market, tested by the experience of many professionals. The book gives maximum useful information. It does not contain, on the one hand, excessive theorizing, and on the other, excessive simplification. To prepare the reader for work in the options market, the author emphasizes the consideration of practical problems. He clearly explains what different trading strategies are, how they work and how they can be used taking into account the needs of the trader and his trading style.

The book is aimed at employees of firms actively working in the options market and individual traders, who want to make the most of the opportunities offered by options.

3rd edition.