so i want to being trading currency futures soon but instead of stop losses i want to hedge myself with options;i will be holding for a long time . also possible that i trade commodities and would hedge myself too in case of stops runs, lock limits etc; thing is i'm not so sure i should be considering options instead of stoplosses yet as i know bugger all about them!
so any good books out there teach options on futures well? do options on futures operate in the same way options on stocks do? so i could just read 'options made easy'?
thanks; by the way is using a put instead of a SL a wise idea?
if you don't know about options then no...you can learn though: Sheldon Natenberg's book is the source for learning about options...