Trading and Investing in Bond Options: Risk Management, Arbitrage, and Value Investing

Rating:
Summary: A GOOD BOOK ON THE "ACADEMICS" OF BOND TRADING
Review: As a bond trader, I find this book highly academic in its content rather than be a sort of trader's manual. It sounds more like the stuff to be r4ead by bank managers and portfolio managers but not too interesting for the average options speculator.

It therefore provides an education into how the market works. The difference can be seen by comparing a manual that tells you how to drive a car and another one that describes all the parts and tell you how what works.

Therefore purchasers of this book should know what they want. For an academic treatment, it is probably the best book. From a trading standpoint of practical use it may be useful but less than some might expect.

Rating:
Summary: A GOOD BOOK ON THE "ACADEMICS" OF BOND TRADING
Review: As a bond trader, I find this book highly academic in its content rather than be a sort of trader's manual. It sounds more like the stuff to be r4ead by bank managers and portfolio managers but not too interesting for the average options speculator.

It therefore provides an education into how the market works. The difference can be seen by comparing a manual that tells you how to drive a car and another one that describes all the parts and tell you how what works.

Therefore purchasers of this book should know what they want. For an academic treatment, it is probably the best book. From a trading standpoint of practical use it may be useful but less than some might expect.