This book is based on the author's training materials for traders of the Chicago CBOT exchange and is a time-tested and experienced textbook for many professionals on working in the options market. The book gives maximum useful information. On the one hand, there is no excessive theorizing in it, and on the other hand, there is no excessive simplification. To prepare the reader for the options market, the author focuses on addressing practical issues. He is available to explain what the different trading strategies are, how they work and how they can be used with the trader's needs and trading style in mind.