Speculative Capital : The Enigma of Options

This third volume in the author’s "Speculative Capital" series challenges the conventional understanding of what an option is. By redefining an option as the right to default on a forward, the author establishes a new and more consistent theoretical model that has enormous conceptual ramifications for the field of finance. The book includes extensive equations, hypothetical examples, and logical analyses that conclusively support the central thesis.Saber, Nasser is the author of 'Speculative Capital : The Enigma of Options', published 2006 under ISBN 9780977179022 and ISBN 0977179028.