Option Strategies: Profit-making Techniques for Stock, Stock Index and Commodity Options - Couverture rigide

Smith, Courtney

Couverture rigide

ISBN 10 : 0471843679 ISBN 13 : 9780471843672

Editeur : John Wiley & Sons Inc, 1987

Synopsis

Explained in this book are the fundamentals of options contracts and strategies for buying and selling calls and puts, spreads, straddles and combinations, sythetic positions, and arbitrage. It reviews all types of options, including stock index options, along with the traditional stock options and new commodities options. Also presented are decision structures for each option so readers understand their choices in various market environments. In addition, the book traces the investment from the initiation of the option strategy through changing conditions in the market to the closing of the total strategy.

A propos du livre

Quatrième de couverture

Praise for Option Strategies, Third Edition

"Finally, a book on option strategies even guys like me can understand. Whether you′re an options veteran or not, Courtney′s years of experience will be of value to you."
Larry Williams, author of Trade Stocks & Commodities with the Insiders: Secrets of the COT Report, and Long–Term Secrets to Short–Term Trading

"A comprehensive, well–organized, and highly accessible treatment of the arcane and intricate world of successful options trading. Well done."
Bob Pardo, Pardo Capital Limited

A comprehensive guide to key options trading strategies

Written in clear, nontechnical language, this comprehensive guide demystifies the complex world of options. In this revised and expanded Third Edition, options expert Courtney Smith details the ins and outs of this lucrative financial instrument. New chapters provide thorough coverage on predicting the direction of implied volatility, with emphasis on reversion, skew, and kurtosis, and include option valuation models with Web links to access models digitally.

Filled with accessible examples, charts, and graphs, this book is the only guide traders and investors need to make the most of their time in today′s dynamic options market.

It′s been more than a decade since the last edition of Option Strategies was published, and many would agree that the world of finance has seen significant changes along the way. During this time, options have grown in both scope and complexity, leaving traders with the tough task of trying to keep up with this important investment vehicle. That′s why options expert Courtney Smith has created Option Strategies, Third Edition.

Written in a straightforward and accessible style, this comprehensive guide makes the complex world of options easier to grasp. In the fully revised and expanded Third Edition, Smith details the ins and outs of this lucrative financial instrument, covering everything from the fundamentals of options to the intricacies of options valuation and trading. Throughout these pages, you′ll find essential insights on important options issues, such as carrying charges, strike prices, commissions, interest rates, and break–even points. Beyond the basics, you′ll also learn about the bull and bear strategies needed to buy and sell calls, puts, spreads, straddles and combinations, synthetic positions, arbitrage, and much more. New chapters provide thorough coverage on predicting the direction of implied volatility and include option valuation models with Web links for digital access. They also address one of the most overlooked aspects of trading psychology and examine how it can affect your ultimate success in this field.

Throughout the book, major strategies are highlighted and accompanied by a unique "Decision Structure" that gives you a clear picture of how each strategy works, and advice on how to better plan your investments. Consisting of a series of questions and answers, these decision structures will assist you in analyzing potential trades, determining your objectives and the amount of risk you′re prepared to take on, and deciding what follow–up action to take once you′ve entered a trade.

While there are many ways to make money trading options, most people tend to lose money when undertaking this endeavor. Filled with accessible examples, charts, and graphs as well as updated material in almost every chapter Option Strategies, Third Edition contains all the information you need to excel in the high–risk, high–profit world of options.

Présentation de l'éditeur

Learn to maximize your trading power with...

OPTION Strategies

Find out how options really work with this complete introduction to options valuation and trading. In this revised and expanded edition, top options expert Courtney Smith details the ins and outs of this lucrative, yet complex, financial instrument. From the working fundamentals to the most innovative pricing models, Option Strategies gives you the information you need to make a wise and successful investment. Whether you want to bull up or bear down, buy puts or sell calls, here′s where you′ll find:
∗ Descriptions of option basics: carrying charges, transaction costs, underlying instruments, and premiums
∗ Details on advanced strategies: bull, bear, and calendar spreads; straddles and strangles; synthetic longs and shorts
∗ "Decision Structures" that enable you to select an appropriate options strategy and evaluate its risks and rewards in various market environments
Written in clear, nontechnical language, this comprehensive guide makes the complex world of options easier to grasp. For traders and hedgers––both novice and professional––this is the only book to have for getting to the bottom of options, and staying on top of the latest strategies.

With their high–profit yields and the flexibility they offer in buying and selling, options are a preferred trading vehicle for investors. Trading options, however, is as complex as it can be lucrative. Even for experts in the field, getting a firm grasp on this high–risk activity can be difficult. Option Strategies makes it easier, offering all the tools you need to invest safely and profitably, using the latest trading techniques.

Now revised and updated, this comprehensive guide by one of the industry′s top experts covers all the essentials, from the fundamentals of options to the intricacies of options valuation and trading. You′ll find details on everything from carrying charges and strike prices to commissions, interest rates, and break–even points. Beyond the basics, you′ll also learn about the bull and bear strategies needed to buy and sell calls, puts, spreads, straddles and combinations, synthetic positions, arbitrage, and much more.

Additionally, major strategies are highlighted and accompanied by a unique "Decision Structure" that gives you a clear picture of how each strategy works, and advice on how to plan your investment better. Consisting of a series of questions and answers, these decision structures assist you in analyzing potential trades, determining your objectives and the amount of risk you′re prepared to take, and deciding what follow–up action to take once you′ve entered a trade. To help you tune in to current trading trends and practices, this newest edition has been expanded to cover the latest practical and innovative trading strategies, and advanced options techniques such as implied volatility.

Filled with examples, charts, and graphs, this concise, accessible book is the only guide you′ll need to stay on top of the high–risk, high–profit game of options.

Détails de l'édition

• Éditeur: John Wiley & Sons Inc
• Date d'édition: 1987
• Langue: anglais
• ISBN 10: 0471843679
• ISBN 13: 9780471843672
• Reliure: Relié
• Nombre de pages: 266
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible