If you’ve ever squinted at the trading floor and thought, “Options on futures? That sounds like the financial equivalent of rocket science,” then John F. Summa and Jonathan Lubow’s Options on Futures, Workbook might just be your new best friend. Market volatility has made these financial instruments more relevant than ever, and this workbook sets out to make them less mysterious through hands-on exercises and clear explanations. Whether you’re a seasoned pro or an ambitious novice, this guide promises step-by-step help to nail down what can sometimes feel like tricky territory.
Key Features
One of the standout elements of this workbook is its practical, hands-on approach. The authors aren’t just throwing theories at you—they provide step-by-step exercises and tests, which means you get to apply each concept as you learn it. This isn’t your typical dry textbook; it’s more of a learning-by-doing manual.
- Focus on Market Volatility and Leverage: The workbook emphasizes how options on futures allow traders to profit from market moves using relatively little initial capital. That’s the kind of leverage that can be a double-edged sword, and here you get to explore it carefully.
- Hedging Strategies: It breaks down how these instruments serve as excellent hedges against risk in capital markets. For investors worried about a sudden market swing, these strategies can be a real safety net.
- Innovative Trading Tools: Alongside the exercises, the workbook offers up-to-date strategies and tools that reflect current market conditions, an important feature in this ever-shifting financial landscape.
- Expert Authorship: Summa and Lubow bring experience to the table—one’s a CTA cofounder of an online market commentary service, the other heads a brokerage specializing in futures and options. You feel like you’re getting advice from people who walk the walk.
Pros & Cons
Pros:
Unlock Your Trading Potential with Our Workbook
- Practical Exercises Make Complex Concepts More Digestible: Readers appreciate that the workbook doesn’t just stack jargon; instead, it invites you to test your understanding as you proceed.
- Good Resource for Intermediate Traders: If you already know your way around basic options or futures, this workbook can deepen your knowledge and introduce innovative strategies.
- Balanced Focus on Profit and Risk Management: Not every book tackles risk head-on, so this is a welcome aspect.
Cons:
Master Options on Futures – Explore Now!
- Dense Material for Beginners: A few reviewers hint that the workbook can feel overwhelming if you don’t have prior trading experience. The exercises are helpful, but you might want a primer before diving in.
- Mixed Reception on Clarity: At a 3.4 average rating, some users found parts of the book a bit challenging to follow, perhaps expecting a more conversational tone.
- Limited Number of Reviews: With only four reviews, the book’s broad reception is hard to gauge, leaving potential readers a little on their own in terms of overall consensus.
Who Is It For?
If you’re already somewhat comfortable in the trading world and want to elevate your game with options on futures—especially if you have a penchant for learning by doing—this workbook is designed for you. Newbies might find it a bit tricky right out of the gate, but those with a basic grasp of options and futures could find this a useful bridge to more sophisticated trading strategies. Traders seeking fresh insights into hedging and risk management in volatile markets will also appreciate the workbook’s real-world applications.
Get Your Copy of Essential Trading Exercises!
Final Thoughts
Options on Futures, Workbook is like that patient, slightly serious instructor who doesn’t simplify the material too much but guides you through some tough lessons with practical exercises. It respects the complexity of options on futures and doesn’t pretend they’re a walk in the park—but it offers you the tools to understand and use them effectively. While it may not be the perfect jumping-off point for complete beginners, for traders ready to deepen their skills and explore new strategies, this workbook can be a solid addition to the trading bookshelf. At around $28.50, it’s a worthwhile investment toward mastering a sophisticated aspect of the markets. Just bring a bit of patience, and maybe a calculator—or better yet, a sense of humor—to your next study session.
As an Amazon Associate, I earn from qualifying purchases.
If you are looking for more information on commodity trading, trading advisories, brokers. trading platforms, trading systems, copy trading and more please visit our resources page: