Derivatives Explained: Forwards, Futures, Swaps, and Options as Building Blocks
Book: Structured Finance and Insurance: The ART of Managing Capital and Risk Author: Christopher L. Culp Publisher: Wiley Finance, 2006 ISBN: 978-0-471-70631-1
Options
What Are Derivatives? Options, Puts, Calls, and Why They Matter
Chapter 2 is where Wilmott introduces the main character of the book: options. Also known as derivatives or contingent claims. No heavy math here yet, just definitions, jargon, and some clever strategies people use to make (or lose) money.
Paper Assets in Your Wealth Plan: Stock Market Cash Flow Chapter 2
Chapter 2 is where Andy Tanner zooms out and shows you the full picture of wealth building. Before talking about specific stock strategies, he explains where paper assets (stocks and options) fit alongside other types of investments.