Fundamentals of Trading Energy Futures and Options Book

	List of Figures	vii
	List of Tables	ix
	Acknowledgments	xi
	Introduction	xiii
Chapter 1	Futures and Options Contracts and Markets	1
Chapter 2	Market Mechanics	11
Chapter 3	Behavior of Commodity Futures Prices	31
Chapter 4	Speculation and Spread Trading	53
Chapter 5	Hedging	75
Chapter 6	Introduction to Options on Futures	95
Chapter 7	Energy Options Strategies	111
Chapter 8	Technical Factors	131
Chapter 9	History and Growth	143
Chapter 10	Economic Implications of Energy Futures and Options	169
Appendix A	New York Mercantile Exchange No. 2 Heating Oil Futures and Options Contract Specifications	178
Appendix B	New York Mercantile Exchange New York Harbor Unleaded Gasoline Futures and Options Contract Specifications	182
Appendix C	New York Mercantile Exchange Light, Sweet Crude Oil Futures and Options Contract Specifications	186
Appendix D	New York Mercantile Exchange Henry Hub Natural Gas Futures and Options Contract Specifications	189
Appendix E	New York Mercantile Exchange Propane Futures Contract Specifications	192
Appendix F	New York Mercantile Exchange Four Electricity (Palo Verde, California-Oregon Border, Cinergy, Entergy) Futures and Options Contract Specifications	194
Appendix G	International Petroleum Exchange Gas Oil Futures and Options Contract Specifications	197
Appendix H	International Petroleum Exchange Brent Crude Oil Futures and Options Contract Specifications	200
Appendix I	International Petroleum Exchange Natural Gas NBP Futures Contract Specifications	203
Appendix J	Kansas City Board of Trade Western Natural Gas Futures and Options Contract Specifications	205
Appendix K	New York Mercantile Exchange Crack Spread Options Contract Specifications	207
	Glossary of Commodity Futures and Energy Industry Terms	209
	Index	231