Commodity Options: Trading and Hedging Volatility in the World’s Most Lucrative Market
$34.71
| Author(s) | , |
|---|---|
| Pages |
280 |
| Format |
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| Publication Year |
2009 |
Commodity Options: Trading and Hedging Volatility in the World’s Most Lucrative Market by Carley Garner and Paul Brittain is a practical and insightful guide that introduces readers to the dynamic world of commodity options trading. Designed for both aspiring and experienced traders, the book provides a clear roadmap for understanding, applying, and profiting from options in commodities—a market known for both its opportunity and volatility.
The authors begin by laying a strong foundation, explaining the mechanics of options and how they differ when applied to commodities versus equities. They highlight the unique features of commodity markets, such as seasonal influences, geopolitical impacts, and supply-demand cycles, which make volatility a constant factor. Against this backdrop, options emerge as versatile tools for both speculation and risk management.
One of the book’s strengths lies in its balanced approach to trading and hedging. Garner and Brittain show how traders can leverage options to profit from directional moves, volatility shifts, or time decay, while also presenting strategies for producers, consumers, and investors to hedge against adverse price swings. From simple calls and puts to more advanced spreads and combinations, the text offers actionable strategies tailored to real market conditions.
Risk management is a recurring theme throughout. The authors caution against common pitfalls, such as overleveraging or misjudging volatility, and instead provide frameworks for controlling risk and maintaining discipline. Real-world examples and case studies illustrate both the potential rewards and the inherent dangers of trading commodity options, giving readers a realistic and practical perspective.
Written in a straightforward style, the book avoids excessive jargon while maintaining technical depth. It blends theoretical explanations with trader-focused insights, ensuring that readers not only understand how options work but also how to apply them effectively in fast-moving markets.
Ultimately, Commodity Options positions itself as a complete guide for navigating one of the most challenging yet rewarding areas of trading. By integrating knowledge of volatility, strategy, and discipline, Garner and Brittain empower readers to harness the power of options to achieve both speculative gains and risk mitigation.
Contents:
- Option Basics: A Crash Course in Option Mechanics
- An Option Is an Option Is an Option…Think Again
- Long Option Strategies
- Short Option Strategies
- Credit Spreads
- Limited Risk Option Spreads
- Synthetic Swing Trading
- The Other Ratio Spreads
- Limited Risk Range Trades
- Synthetic Long Option Plays
- An Option Trade from Top to Bottom
- The Wizard of Oddz: Applying Option Strategies in the “Real World”
- Margins and Option Trading
- Commodity Trading Myths
Commodity Options: Trading and Hedging Volatility in the World's Most Lucrative Market By Carley Garner, Paul Brittain pdf
4 reviews for Commodity Options: Trading and Hedging Volatility in the World’s Most Lucrative Market
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Annalise McCormick (verified owner) –
This book arms readers with the strategies and tactics needed to take a more active approach to managing risk in today’s turbulent markets. The authors exhaustively break down every component of a commodity option to its lowest common denominator, making this book an essential piece of information for those looking to expand their trading tool box or further build on existing option strategies.”
Jasiah Bell (verified owner) –
Even the most experienced investors often overlook the fact that options on futures are fundamentally different from options on stocks. This book fills that gap and sets the record straight with clear and concise descriptions that are easy to understand. Guaranteed to become a true source of value creation for anyone interested in trading commodity options.
Lukas Doyle (verified owner) –
This book captures the realities of commodity option trading in a simple and easy- to-read presentation that will be beneficial for traders of all sizes and skill levels.
Melody Vazquez (verified owner) –
The authors have written the definitive work on trading commodity options. Their in-depth knowledge of this subject is legendary among industry professionals and expert traders alike, and their ability to relay their knowledge through text, pictures, and the spoken word is unparalleled in our industry.