000 02148cam a2200277 a 4500
008 110401s2011 njua 001 0 eng
020 _a9781118022269
040 _aSDU
050 0 0 _aHG6042
_bL523 O 2011
100 1 _aLehman, Richard.
245 1 0 _aOptions for volatile markets :
_bmanaging volatility and protecting against catastrophic risk /
_cRichard Lehman, Lawrence G. McMillan.
250 _a2nd ed.
260 _aHoboken, NJ :
_bJohn Wiley and Sons,
_c2011.
300 _a210 p. :
_bill.
490 0 _aBloomberg financial ;
_v143
500 _aIncludes index.
500 _aRev. ed., previously published under title: New insights on covered call writing by Bloomberg Press in 2003.
505 _aHKBU Library
520 _a"Traditional thinking about investment has been thrown on its head in the wake of the financial crisis. Many investors no longer accept the idea that diversification reduces risk and the stock market provides the best long-term returns. With global markets increasingly interlinked, markets tend to move in concert, reducing the benefits of diversification. And given the gravity of today's economic problems, many question whether the stock market will soon continue its inexorable march higher. In Options in Volatile Markets, Lehman and McMillan provide investors with strategies to generate double-digit returns and to protect against market crashes. The new edition discusses the changing investment environment; explains how to use options with ETFs; and shows how build "catastrophic" protection into a portfolio. While the core strategy remains covered call writing - selling a call option on a stock the investor already owns - the authors discuss other strategies to capitalize on high-flying stocks. Most importantly, for investors looking for high returns but fearful that the market might crash, the authors discuss low-cost options strategies that effectively provide insurance for a portfolio"--
650 0 _aStock options.
_947174
650 0 _aInvestments.
700 1 _aMcMillan, L. G.
_9187659
700 1 _aLehman, Richard,
_d1948=
900 _a = C.1 SDU
942 _cGBE
_2lcc
999 _c102403
_d102403