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Derivatives are among the most powerful financial instruments ever created — and among the most misunderstood. This book is a complete, honest, and accessible guide to how futures and options markets actually work.
Every option type is covered, from vanilla calls and puts to exotic barriers, Asian, lookback, and binary options. Every major strategy comes with a payoff diagram and a worked example using Indian instruments — Reliance, HDFC Bank, TCS, Nifty 50. The Greeks are demystified. Risks are stated plainly, with explicit warnings on naked positions, unlimited-loss strategies, and the historical disasters that destroyed banks and hedge funds.
Written for students, investors, finance professionals, and risk managers. The goal is not to make you a derivatives trader — it is to make you derivatives-literate.
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