In recent years, record-breaking stock volume plus major new trading vehicles such as stock index futures contracts and options on futures have made Wall Street history. In ten year time, the new options market has grown from an idea to a major marketplace. Thos who understand how to use these new markets either for speculative gain or conservative income strategies are already reaping the financial rewards. This book, by a Chicago floor trader, tells how you too can join the boom in options trading and play the market to your advantage.
"The notion that you can buy stock and hold it indefinitely is one that simply doesnt work anymore. Todays investor wants and needs an investment tool that will enable him to change with changing economic times. Options are flexible. They provide a suitable challenge for those who want to be master of their own destiny."
George Angell is a business and financial writer whose work has appeared in many magazines, including Money and Moneysworth. He regularly writes the "Money" column for Gentlemens Quarterly and has written technical articles for Commodities magazine. An active futures trader, he is registered with the Commodity Futures Trading Commission as a commodity trading adviser and is the publisher of "Commodity Spread Trader," a market advisory letter. His first book, Winning in the Commodities Market, has been well received by professionals as well as by the public. Mr. Angell lives in Chicago, Illinois.