Title Page -- Table of Contents -- Preface -- Content -- Acknowledgments -- About the Author -- PART 1: Futures and Forward Contracts -- CHAPTER 1: Futures Markets -- Introduction to Futures and Options Markets -- The Nature of Futures Trading and the Role of the Clearinghouse -- Types of Futures Contracts -- The Organized Markets and Characteristics of Futures Trading -- Commodity Futures Hedging -- Commodity Speculating with Futures -- Pricing Futures and Forward Contracts: Carrying‐Cost Model -- Conclusion -- Selected References -- Problems and Questions -- Bloomberg Exercises -- CHAPTER 2: Currency Futures and Forward Contracts -- Hedging with Foreign Currency Futures and Forward Contracts -- Speculating with Foreign Currency Futures and Forward Contracts -- Hedging and Speculating with Equivalent Money Market Positions -- Carrying‐Cost Model for a Currency -- Conclusion -- Selected References -- Problems and Questions -- Bloomberg Exercises -- CHAPTER 3: Equity Index Futures -- Speculative Strategies -- Hedging Equity Positions -- Carrying‐Cost Model for an Equity Index -- Non‐Equity Indexes -- Conclusion -- Selected References -- Problems and Questions -- Bloomberg Exercises -- CHAPTER 4: Interest Rate and Bond Futures and Forward Contracts -- Types of Interest Rate Futures and Forward Contracts -- Speculating with Interest Rate and Bond Futures Contracts -- Hedging with Interest Rate and Bond Futures Contracts -- Pricing Interest Rate and Bond Futures -- Conclusion -- Selected References -- Problems and Questions -- Bloomberg Exercises -- PART 2: Options Markets and Strategies -- CHAPTER 5: Fundamentals of Options Trading -- Option Terminology -- Fundamental Option Strategies -- Other Option Strategies -- Option Price Relations -- Put‐Call Parity -- Option Exchanges -- Conclusion -- Selected References -- Problems and Questions
