Chapter 13
Derivatives

Options
Understanding Option Writing
Understanding the Option Chain
Decoding Option Naming Conventions
Building Blocks of Options Strategies: Spread, Straddle, Collar, Strangle
Selling Options vs. Exercising Options
Writing Options for Premium
Speculative Investors and Options Trading
Breakeven Price for Options
Options: “In-the-Money”, “At-the-Money” and “Out-of-the-Money”
Option Greeks: Impact of Volatility on Options
0DTE Options and Dealer Gamma
Taxation of Options
Covered Call Strategy
Married (Covered, Protective) Puts
Bull Call Spread
Bear Put Spread
Protective Collar
Asymmetric Tail Hedging for Concentrated Equity
Long Straddle
Long Strangle
Long Call Butterfly Spread
Option LEAPS: Deep In-the-Money, Long-Term Bullish Strategy
Iron Condor
Iron Butterfly Strategy
Calendar Spread
Reverse Calendar Spread
Box Spread
Options Wheel Strategy
Futures
Futures Markets: Addressing Economic Need
Zero-Sum Game
Futures Pricing
Contracts
Margin Requirements
Mark-to-market of Positions
Futures Roll
Hedging Techniques
Speculating with Futures
Futures Options