Discover how equity derivatives work, their uses in hedging and speculation, and see examples of these financial instruments like options and futures.

A derivative is a securitized contract whose value is dependent upon one or more underlying assets. Its price is determined by fluctuations in that asset.

You can’t help but admire a first-time author who takes on a difficult topic, and succeeds in explaining it in an informative, entertaining way. I’m talking about Erika S. Olson and her new book ...