Agricultural Options by Dr. Alexander Elder
American Management Associates
135 West 50th St.
New York, NY 10020
230 pages, $22.95 hardcover
It used to be that each new book by George Angell could be counted on to provide fresh insights into the
workings of the futures markets and give a few good trading ideas, Agricultural Options, however, is
relatively disappointing for anyone who has read Angell's earlier books.
This is the author's first major foray into the new and growing field of agricultural options. Buying
agricultural options allows market participants to profit from price moves in soybeans, wheat, corn,
cattle, hogs, cotton, and sugar. Risk is limited to the option's premium. Unlike futures, the potential risk
is spelled out from the outset, but the profit potential is still unlimited.