The Complete Book of Pairs Trading explains both the theory and practice of pairs trading. It discusses how pairs trading is a subset of a market neutral approach – an investment
philosophy which involves buying and selling related securities in an attempt to profit from the changing price relationship. The author breaks down the strategy into its component
parts, so that the reader gains a bottom-up understanding of the underlying market dynamics of pairs trading, why it is consistently profitable, and how an investor can apply the strategies in
their own trading. The book will cover pairs trading involving stocks, single stock futures, and options on stocks and will provide a comprehensive discussion of pairs trading strategies
