AGRICULTURAL OPTIONS：TRADING RISK MANAGEMENT AND HEDGING

Agricultural Options Trading, Risk Management, and Hedging If you’re a trader, a hedger, a speculator, or even a novice at the ag market game, this is the book for you. Written by a leading options expert, Agricultural Options: Trading, Risk Management, and Hedging gives you the principles and proven strategies you need to profit in all the ag option markers— wheat, corn, soybeans, livestock, soft commodities, and more. You’ll learn:

• All the mathematical background and formulas you need to win in today’s ag market
• All about options in general and agricultural options in particular
• Risk management strategies, option pricing factors, and trading techniques

Plus, the book contains detailed case studies of option trades that illustrate the best strategies and how—and why—they work. With Agricultural Options, you’re right on top of the game.

About the author CHRISTOPHER A. BOBIN is a futures and options trader for Continental Grain Company, one of the largest institutional users of agricultural options. He develops training programs used within Continental Grain and, as a former analyst with the firm, he developed trading and hedging programs.

Options and Options Trading.

Determinants of Option Pricing and Risk.

The Limits, Boundaries, and Seasonality of Implied Volatility in Agricultural Options.

Option Strategies: Formulation and Analysis.

Hedging Applications of Options.

Case Studies of Option Trades.

Appendix A: The Black Option Pricing Model and Derivative Equations.

Appendix B: Additions and Elaborations on Options Hedging.

Bibliography.

Glossary.

Index.