Fundamentals of Futures and Options Markets

Directed primarily toward undergraduate finance students, this text also provides practical content to current and aspiring industry professionals. 

Based on Hull's Options, Futures and Other Derivatives, Fundamentals of Futures and Options Markets presents an accessible overview of the topic without the use of calculus. Packed with numerical examples and accounts of real-life situations, this text effectively guides readers through the material while helping them prepare for the working world.