Financial Times Guide to Options, 2nd Edition

Introduction

Most of us won’t spend our options careers trading arbitrage, but when the

opportunity arises, as it does from time to time, it’s an almost risk-free way

to make money. So if you learn about the arb, then you’re prepared to take

advantage of it when you see it.

Read Part 4 at least once. Think about it from time to time. When you’re

scanning the markets, ask yourself, ‘Is there an arbitrage here? Can I lock

in a profit with this trade until expiration?’ If you keep this in mind, then

some day you’ll find yourself making a lot of money in a very short time.

If you’re prepared.