Trading Options in Turbulent Markets: Master Uncertainty through Active Volatility Management - Couverture rigide

Shover, Larry

Couverture rigide

ISBN 10 : 1576603601 ISBN 13 : 9781576603604

Editeur : Bloomberg Press, 2010

Synopsis

A thoughtful presentation of options trading and pricing which discusses the impact of volatility in the process"Trading Options in Turbulent Markets" reveals how volatility in options trading relates to today's stormy marketplace and shows you how to manage risk and take advantage of market volatility when investing in derivatives. In this book, options expert Larry Shover skillfully addresses how to use historical volatility to predict future volatility for a security, or the implied volatility, and offers suggestions for dealing with that odd feature of options trading known as skew."Trading Options in Turbulent Markets" also looks at specific options trading strategies that help you offset risk and reach for profit. These include the covered call, the naked and the married puts, collars, straddles, vertical spreads, calendar spreads, butterflies, condors, and more.Contains proven tools for evaluating options trading decisions, including the greeks: delta, vega, theta, and gammaOutlines effective strategies for trading options contracts in uncertain timesOffers insights on the risk/reward situations all traders in this field face Filled with in-depth insights and practical advice, this important resource explores how to turn turbulent markets into profitable opportunities, and discusses why options are the best tool to use in such a difficult endeavor.

A propos du livre

Quatrième de couverture

Praise for Trading Options inTurbulent Markets "Of the five basic variables that drive option pricing models, the volatility assumption is far and away the most impactful. Mr. Shover′s definitive work, exploring all aspects of the world of volatility, truly is a gift to the investing public." — William Floersch , President and CEO, Fortis Clearing Americas, LLC "There are a myriad of ′Options 101′ books for the beginning options investor and painfully lengthy and dry graduate–level books on advanced strategies. Larry has found the sweet spot in between, offering a great book on intermediate option strategies. I can heartily endorse Trading Options in Turbulent Markets as THE book for investors seeking to enhance their knowledge of derivative trading and createa low–risk, high–return investment game plan." — Jon "Doctor J" Najarian , cofounder, tradeMONSTER.com "Mr. Shover has managed to marry a thoughtful presentation of volatility as it relates to options pricing and options trading, with a narrative that goes beyond the purely theoretical and focuses on the practical implications of this ′measure of instability′ (first line of Chapter 2) for those who use options. In light of the tumultuous events that have churned the global financial markets, a read on the practical implications of volatility seems prudent for all who choose to employ options." — Pat Arbor , Chairman Emeritus, CBOT, and current Director ofFirst Chicago Bank and Trust "Shover′s book offers valuable insights from his real–life experience in trading volatile markets." — Jim Bittman , Senior Instructor, The Options Institute at CBOE, and author of Trading Options as a Professional "Larry Shover was a successful options trader in his years at CRT and a valuablemember of our team. His book is both accessible and informative, and its pages are filled with insights gained from many years of experience. Larry writes with passion and acumen, making this a book that will do more than just sit on your shelf." — Joseph Ritchie , founder, Chicago Research and Trading Group (CRT); founder and Chairman, Fox River Financial Resources, Inc.; andCEO, Rwanda Development Board

Biographie de l'auteur

LARRY SHOVER has been a firm and proprietary options trader for more than twenty–five years and has had the opportunity to give speeches and teach courses at a variety of exchanges including the Chicago Mercantile Exchange (CME) for more than twenty years. A large part of his career has been dedicated to developing his own proprietary trading firm, and he has also served as director of education, senior vice president of trading, and director of global trader development at several commodities and options firms. Shover is a member of the CME and the Chicago Board Options Exchange (CBOE) and holds several Financial Industry Regulatory Authority (FINRA) licenses.

Détails de l'édition

• Éditeur: Bloomberg Press
• Date d'édition: 2010
• Langue: anglais
• ISBN 10: 1576603601
• ISBN 13: 9781576603604
• Reliure: Relié
• Nombre de pages: 254
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible