A book by a trader with great options knowledge
I should own up to knowing Hamish as I had the misfortune of trying to compete with him as a marketmaker.
This book is possibly one of the few books focusing on the risk management of binary options. He examines the behaviour of the 'Greeks' with all their oddball mannerisms with an almost forensic approach. He looks at combining binary calls and puts to create alternative strategies in a most creative manner.
Binaries have had a bad rap but with various exchanges in the US offering the instrument they are not the problem. Anyone trading the binaries in the US would find this book invaluable.
