This book was created on the basis of 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 provides the most useful information. On the one hand, there is no excessive theorization, and on the other, there is no excessive simplification .. To prepare the reader to work in the options market, the author focuses on the consideration of practical problems. It readily explains what different trading strategies are, how they work, and how they can be used based on the trader’s needs and trading style. The book is aimed at employees of firms active in the options market, and individual traders who want to make the most of the opportunities offered by options.