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Single Stock Futures: An Investor's Guide
 
 
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Single Stock Futures: An Investor's Guide [Hardcover]

Kennedy Mitchell (Author)
4.1 out of 5 stars  See all reviews (9 customer reviews)

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Book Description

0471267627 978-0471267621 December 23, 2002
Everything you need to know about Single Stock Futures

"Single stock futures are an incredibly important new financial instrument for managing risk. Kennedy Mitchell provides an outstanding and easy-to-read explanation of these new products for either an expert futures user or for someone learning about futures markets for the first time."
-Peter Borish, Senior Managing Director, OneChicago

Although single stock futures may be a relatively new phenomenon in the United States, this instrument has been successfully traded for years in various overseas markets-leaving you, the individual and professional investor, to play catch-up.

Exactly what are single stock futures? They are futures contracts, within the futures universe, that have shares of listed public companies as their underlying asset.

In Single Stock Futures: An Investor's Guide, author Kennedy Mitchell introduces you to single stock futures, explains how they function, and demonstrates the various ways they can be traded. This comprehensive guide clearly illustrates how investors-both individual and professional-can utilize single stock futures independently or as an application to add new dimensions to an investment portfolio.

Single stock futures have the potential to improve the performance of professionals, novices, investors, and traders. Take this opportunity to find out how with Single Stock Futures: An Investor's Guide.

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Editorial Reviews

From the Inside Flap

With the ban on trading single stock futures (SSF) lifted, this innovative new financial product has the potential to transform the landscape of securities trading in the United States. Many within the financial community agree that this hybrid of the equity and futures worlds will become the most important derivative introduced since the equity option. Although single stock futures may be a relatively new phenomenon in the United States, this instrument has been successfully traded for years in various overseas markets–leaving you, the individual and professional investor, to play catch-up. Single Stock Futures: An Investor’s Guide will quickly bring you up to speed on this unique investment vehicle and show you how to get the most out of it.

As one of the first professional investors to launch a single stock futures fund, author Kennedy Mitchell has both the knowledge and experience to introduce you to single stock futures, explain how they function, and demonstrate the various ways they can be traded. Single Stock Futures: An Investor’s Guide clearly illustrates how investors–both individual and professional–can utilize single stock futures independently or as an application to add new dimensions to an investment portfolio.

After providing a general understanding of single stock futures, this comprehensive guide gets down to the specifics with discussions of:

  • The exchanges for single stock futures–OneChicago, NQLX, ISLAND, and AMEX
  • Speculating and hedging with single stock futures
  • The tax considerations of using single stock futures
  • The analysis of single stock futures–technical analysis, fundamental analysis, a combination of both
  • Proven trading strategies–from outright purchases to buy-write and pairs trading
  • Arbitrage principals, margins, and much more

Filled with expert insight, detailed charts, and real-world examples that bring each point to life, Single Stock Futures: An Investor’s Guide skillfully reveals how you can profit from the unprecedented combination of accessibility and leverage found in single stock futures. To help professional participants in the single stock futures marketplace pass the security futures proficiency test, there is even a chapter that reviews relevant material as well as two complete glossary sections.

Whether you’re an aggressive trader seeking profits, a professional investor looking to mitigate risk, or somewhere in between, single stock futures can help you succeed. Find out how with Single Stock Futures: An Investor’s Guide.

From the Back Cover

Everything you need to know about Single Stock Futures

"Single stock futures are an incredibly important new financial instrument for managing risk. Kennedy Mitchell provides an outstanding and easy-to-read explanation of these new products for either an expert futures user or for someone learning about futures markets for the first time."
–Peter Borish, Senior Managing Director, OneChicago

Although single stock futures may be a relatively new phenomenon in the United States, this instrument has been successfully traded for years in various overseas markets–leaving you, the individual and professional investor, to play catch-up.

Exactly what are single stock futures? They are futures contracts, within the futures universe, that have shares of listed public companies as their underlying asset.

In Single Stock Futures: An Investor’s Guide, author Kennedy Mitchell introduces you to single stock futures, explains how they function, and demonstrates the various ways they can be traded. This comprehensive guide clearly illustrates how investors–both individual and professional–can utilize single stock futures independently or as an application to add new dimensions to an investment portfolio.

Single stock futures have the potential to improve the performance of professionals, novices, investors, and traders. Take this opportunity to find out how with Single Stock Futures: An Investor’s Guide.


Product Details

  • Hardcover: 256 pages
  • Publisher: Wiley (December 23, 2002)
  • Language: English
  • ISBN-10: 0471267627
  • ISBN-13: 978-0471267621
  • Product Dimensions: 6.2 x 0.9 x 9.6 inches
  • Shipping Weight: 1.1 pounds (View shipping rates and policies)
  • Average Customer Review: 4.1 out of 5 stars  See all reviews (9 customer reviews)
  • Amazon Best Sellers Rank: #2,133,713 in Books (See Top 100 in Books)

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Customer Reviews

9 Reviews
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Average Customer Review
4.1 out of 5 stars (9 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

4 of 4 people found the following review helpful:
5.0 out of 5 stars Nice strategies, June 28, 2003
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This review is from: Single Stock Futures: An Investor's Guide (Hardcover)
I liked the strategy section of this book talking about how to use the futures in practice not just about what they are. I have used the buy-write strategy that the author talks about and have done very well so far. I just wish these contracts were more popular so the liquidity would be better.
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4 of 4 people found the following review helpful:
5.0 out of 5 stars Very informative, December 13, 2002
This review is from: Single Stock Futures: An Investor's Guide (Hardcover)
This book is the best available on single stock futures because it not only covers the basic principles but it also reviews more advanced strategies. I was happy to see that the author covers strategies like buy-writes, pairs, and spreads rather than just a boring info manual on the new product. There is great information on how to invest using single stock futures WITH options at the same time, which I plan to use myself. Although some of the info like delta-neutral trading may be above the average investor, the book also has a complete area dealing with a basic overview and history of single stock futures. Also, there is a great section dealing with how investors can protect their portfolios using single stock futures (for hedging 401k stocks and other large equity in one company). Overall I really enjoyed this book.
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2 of 3 people found the following review helpful:
5.0 out of 5 stars Complete Guide, December 14, 2002
By 
This review is from: Single Stock Futures: An Investor's Guide (Hardcover)
I was very interested in this book as it provided a complete guide to the new product along with trading strategies. I liked the way the writer described the new trading methods and product overall very much.
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Inside This Book (learn more)
First Sentence:
This book illustrates how investors, both individual and professional, can utilize single stock futures to add new dimensions to an investment portfolio. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
single security futures, short security future, using single stock futures, long security future, single stock futures trade, options spread position, single stock futures contract, security futures contract, high strike price, security futures products, trading security futures, aggregate exercise price, listed equity options, market terminology, low strike price, nominal quote, municipal underwriting, serial months, same underlying security, different delivery months, underlying equity, municipal revenue bond, underlying shares, delivery codes, pairs trade
Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Financial Corp, Analysis of Single Security Futures, Sham Technology, Rolling Forward, Smith Energy, Texas Instruments, Interactive Brokers, Chicago Board Options Exchange, Options Clearing Corporation, Shad-Johnson Accord, Thomas Ascher, Universal Stock Futures, Nasdaq Nat, Pacific Exchange
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