Options Explained Simply: The Fundamental Principles Course

by Balbinder Chagger

Fundamental trading principles, Futures, and Options explained simply, without the exclusive, complex mathematics. Do you find the maths in finance books is too advanced, intimidating, and exclusive? Does it prevent you from understanding finance? Well, Options Explained Simply is different - it teaches using simple maths and, thus, enables a wide audience to learn and understand the fundamental principles underlying Futures and Options.Options Explained Simply gives the learner an intuitive and sound understanding of fundamental trading principles, and of what Futures and Options are, how they are valued, and how they behave in changing market conditions. It empowers the reader to be able to analyse Futures and options intelligently.Balbinder Chagger has a rigorous understanding of Futures and options, consolidated over thirteen years of professional practice in the Market Risk and Product Control functions of several international investment banks. He uses that knowledge to explain the subject matters in clear and simple terms. Furthermore, he uses his experience from being a school maths teacher to explain with basic maths that many people can follow, not just the elite few. His ability to teach simply enables you to understand easily.No prior financial knowledge or advanced mathematical ability is required to follow this course; all that is required is confidence with arithmetic, some simple algebra, calculating averages, simple interest, and reading tables and graphs.First, fundamental trading concepts are explained, Spot transactions; Arbitrage; Expected Value; Risk; and the Time Value of Money. Then, Forwards and Futures are explained. Then, Options.The following steps are also taken to promote learning and subject matter is often taught with reference to familiar, real-life scenarios.The amount of detail is simplified to keep the subject matter clear and unclouded by unnecessary layers of complexity.Visualisation, an important and powerful means for learning for most people, is utilised extensively. Often, the written explanations given are complemented with graphical illustrations to clarify the subject matter more than words alone do. The calculations presented are visually transparent with every key step in them shown shown clearly. Colour is used to emphasise and clarify key points.Sample videos available on YouTube on the handle @TradingExplainedSimply.---------- 0 ----------Balbinder has also written two gripping novels based on a true story in investment banking, Burden of Proof, and its sequel, Duty to Mitigate.From the structured pages of a financial course book to the suspenseful plots of novels, each work reflects a passion for knowledge and imagination.

338 pages, Kindle Edition

Published July 6, 2021

Reviews

[DANIEL OSARO · Rating 5 out of 5]

option simply explained

What a wonderful job.
Better understanding and explanation about European and American options,
The risks and advantages of the American options.
How to use the American options for various strategies and the place of European options.
Nicely done.
I recommend to all interested in knowing more about options.