A concise yet comprehensive guidebook that addresses the practical aspects of investing in derivatives. pWritten for the professional market but accessible enough for individual investors, The Investor's Guidebook to Derivatives includes all the information needed to succeed in today's complex derivatives market, including p- What constitutes a derivative instrumentbr- The difference between forward and forecast pricesbr- Pricing and using forward contractsbr- Swaps pricing and applicationsbr- Option vocabularybr- Pricing options--a frameworkbr- Implementing directional and volatility strategiesbr- Exotic options pricing and applicationsbr- Options on natural occurrences rain, snow, and wind piThe Investor's Guidebooki series presents investment vehicles and strategies from both the issuers' and the investors' perspectives. Starting with basic concepts and then building to state-of-the-art pricing models, strategies, and tactics, these succinct handbooks will be useful for everyone fro