Avoiding Option Trading Traps

McMillan, Lawrence G.

ISBN 10 : 1592801706 ISBN 13 : 9781592801701

Editeur : Marketplace Books, 2005

Synopsis

Book by McMillan Lawrence G

A propos du livre

Présentation de l'éditeur

Run Time: 99 minutes. 
"What to Look For" Strategies for Success with Larry McMillan
"I was right but I′m still losing money." Sound familiar? Frustrations abound in the options arena. Learning what to expect, and how to react, are the real keys to option trading success. Now, renowned author and "Trader′s Hall of Famer" Larry McMillan shows you how to avoid the 5 most common and costly mistakes option traders make.

Benefit from the guidance of this options guru, as he highlights the 5 major problem areas traders frequently fall victim to. McMillan shows you what to do in typical tough spots – and how to avoid them in the future.

Master his methods for:

• Using put–call ratios as a critical timing tool
• Picking the right option for your trading style & goals
• Deciding how many dollars to risk
• Determining the correct number of options to buy
• Creating a scenario for covered call writing play

Not a "how to trade" course this presentation is a "what to do" playbook, as McMillan focuses on fresh methods and tactics you need to make every trading move a winner, including:

• Recognizing the classic "disaster pattern" in covered call writing
• How the underlying "Delta" impacts your trading strategies
• Understanding and using "what if" analysis
• Contrarian thinking: How to avoid running with the crowd
• Finding and profiting from cheap options

With its comprehensive online companion this video is must viewing for any investor looking to move beyond the realm of options theory – into the world of option profits.

Biographie de l'auteur

LAWRENCE G. McMILLAN is President of McMillan Analysis Corporation. As the foremost authority on options, Mr. McMillan is the publisher of The Option Strategist, a leading advisory newsletter for the options community, and creator of the innovative fax service "Daily Volume Alerts," which updates investors on unusual increases in equity option volume. He is also the bestselling author of two books: Options as a Strategic Investment and McMillan on Options (Wiley). Mr. McMillan has spoken on options strategies at hundreds of seminars and colloquiums in the United States, Canada, and Europe. In addition to touring, speaking, and writing, he uses his knowledge to trade his own accounts actively in the options markets. Formerly a senior vice president in charge of the Equity Arbitrage Department at Thomson McKinnon Securities, Inc., Mr. McMillan is also a "Trader′s Hall of Fame" award winner.

Détails de l'édition

• Éditeur: Marketplace Books
• Date d'édition: 2005
• Langue: anglais
• ISBN 10: 1592801706
• ISBN 13: 9781592801701
• Reliure: DVD-Rom
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible