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Options for the Beginner and Beyond: Unlock the Opportunities and Minimize...

by Olmstead, W. Edward | HC | VeryGood
US $6.00
ApproximatelyPHP 334.93
Condition:
Very Good
Former library book; May have limited writing in cover pages. Pages are unmarked. ~ ... Read moreabout condition
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eBay item number:376177366879
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Item specifics

Condition
Very Good
A book that has been read but is in excellent condition. No obvious damage to the cover, with the dust jacket included for hard covers. No missing or damaged pages, no creases or tears, and no underlining/highlighting of text or writing in the margins. May be very minimal identifying marks on the inside cover. Very minimal wear and tear. See all condition definitionsopens in a new window or tab
Seller Notes
“Former library book; May have limited writing in cover pages. Pages are unmarked. ~ ...
Binding
Hardcover
Weight
1 lbs
Product Group
Book
IsTextBook
No
ISBN
9780132655682

About this product

Product Identifiers

Publisher
FT Press
ISBN-10
0132655683
ISBN-13
9780132655682
eBay Product ID (ePID)
143531904

Product Key Features

Edition
2
Book Title
Options for the Beginner and Beyond : Unlock the Opportunities and Minimize the Risks
Number of Pages
272 Pages
Language
English
Publication Year
2012
Topic
Investments & Securities / Analysis & Trading Strategies, Investments & Securities / Options, Investments & Securities / General
Illustrator
Yes
Genre
Business & Economics
Author
W. Edward Olmstead
Format
Hardcover

Dimensions

Item Height
0.9 in
Item Weight
16.6 Oz
Item Length
9.3 in
Item Width
6.4 in

Additional Product Features

Intended Audience
Trade
LCCN
2012-039841
Dewey Edition
23
Dewey Decimal
332.64/53
Table Of Content
Contents Acknowledgments xiiAbout the Author xiiiPreface xiv Section I Basic Concepts 1 Chapter 1 Introduction 3 Why Options? 3The Basic Concept of Options 4Major Differences Between Stocks and Options 4A Detailed Explanation of Options 7Comments 15 Chapter 2 Option Selection 17 What Is a Cheap Option? 17Selecting a Call 20Overall Evaluation 24Selecting a Put 24 Chapter 3 Entering and Exiting Option Trades 25 Entering a Trade 27Exiting a Trade 28 Chapter 4 The Greeks 31 Delta 31Theta 35Gamma 36Vega 37Rho 38 Chapter 5 Risk Graphs 39 Single Option Trade 40Multiple Option Trade 42Comments 44 Chapter 6 LEAPS and Weekly Options 45 LEAPS 46Weekly Options 50 Chapter 7 Assignment Anxiety 53 Comments 55Applications 56 Chapter 8 Broker Selection 59 Types of Brokers 59Commissions 60Trading Platform 61Margin and Trading Limitations 62Level 3 Trading 63Live Broker Assistance 63Comments 64 Chapter 9 Miscellaneous Tips 65 Time Is Money 65Trading with the Trend 66Risk Capital for Options Trading 66Tracking Trades 67Anticipating Events 68Real-Time Quotes 68Market Orders with Options 69Options Calculator 69 Section II Trading Strategies 71 Chapter 10 Vertical Spreads 73 Debit Vertical Spreads 74Credit Vertical Spreads 77Comments 80Vertical Spreads with Weekly Options 80 Chapter 11* Event-Producing Credit Spreads 81 Comments 87 Chapter 12 Calendar Spreads 89 The Rollout Maneuver 93Comments 94Calendar Spreads with Weekly Options 95 Chapter 13* Advanced Calendar Spreads 97 Volatility Skew Trades 97Ratio Calendar Spread Trades 101Deep-in-the-Money LEAPS Put Calendar Spreads 103Diagonal Calendar Spread Trades 106 Chapter 14 Covered Calls 111 An Idealized Trade 112A Realistic Trade 112Covered Call Versus Naked Put 114Comments 117Covered Calls with Weekly Options 118 Chapter 15 Straddles and Strangles 121 The Straddle Trade 121The Strangle Trade 127Straddles and Strangles with Weekly Options 128 Chapter 16 Stock Repair and Stock Enhancement 131 Stock Repair Strategy 132Stock Enhancement Strategy 135 Chapter 17 Married Puts 139 Comments 143Married Puts with Weekly Options 143 Chapter 18 Collars 145 Comments 152 Chapter 19* Advanced Collars 155 Comments 162 Chapter 20 Naked Option Writing 163 The Risk of Naked Option Writing 164Acquiring Stock with Naked Puts 168Comment 169 Chapter 21 Stock Substitutes 171 Matching the Stock Delta 171Synthetic Long Stock 171Deep-in-the-Money Put 174Deep-in-the-Money Call 176 Chapter 22 Backspreads 179 Comments 185Backspreads with Weekly Options 185 Chapter 23 Butterfly Spreads 189 Standard Butterfly Trade 189Butterfly Trade with Adjustments 192Unbalanced Strikes Butterfly Trade 195Unbalanced Contracts Butterfly Trade 197 Chapter 24 Iron Condors and Double Diagonals 201 The Iron Condor Trade 201The Double Diagonal Trade 204Comments 206Iron Condors and Double Diagonals with Weekly Options 207 Chapter 25 An End-of-Year Tax Strategy 209 Tax Code Restrictions 209Qualified Covered Calls 210Basic Strategy 211Follow-Up Variations 214Comments 215 Section III Special Topics 217 Chapter 26* Day Trading an Index with Options 219 Comments 222 Chapter 27* Delta-Neutral Trading 223 Review of the Delta Concept 223A Delta-Neutral Portfolio 225Delta-Neutral Trading for a Profit 227 Chapter 28* Theory of Maximum Pain 229Chapter 29* Implied Volatility and the Black-Scholes Formula 233 Historical Background 233Implied Volatility 236Applications of Implied Volatility 237Comments 237 Chapter 30* The Put-Call Parity Relationship 239 Calls Cost More Than Puts 239Applications of Put-Call Parity 242 Index 243
Synopsis
Master option trading strategies one step at a time Options for the Beginner and Beyond, Second Edition teaches options through brief, carefully-paced lessons on option concepts and trading strategies, crystal-clear definitions, and plenty of real trading examples. Every lesson builds on the one preceding it, explaining options in plain English, and guiding you all the way to advanced strategies covered in no other introductory tutorial. Drawing on his extensive experience teaching options trading to beginners -- and five years editing a leading options newsletter -- W. Edward Olmstead shows how to systematically control your risk, protect your investments, and maximize your profits. This new Second Edition integrates new coverage of weekly options throughout, and presents updated tax strategies every options trader needs to know. Olmstead shows you how to do all this, and much more: Select options with high profit potential Enter and exit trades Choose brokers Work with the Greeks, risk graphs, and LEAPs Use vertical, event producing, and calendar spreads Trade covered calls, straddles, strangles, married puts, and collars Master these and other sophisticated strategies: naked options, stock substitutes, backspreads, butteryfly spreads, iron condors, and double diagonals Implement effective end-of-year tax strategies Day trade indexes with options Use delta-neutral trading Leverage the theory of maximum pain; implied volatility, and Black-Scholes, Master option trading strategies one step at a time! Options for the Beginner and Beyond, Second Edition teaches options through brief, carefully-paced lessons on option concepts and trading strategies, crystal-clear definitions, and plenty of real trading examples. Every lesson builds on the one preceding it, explaining options in plain English, and guiding you all the way to advanced strategies covered in no other introductory tutorial. Drawing on his extensive experience teaching options trading to beginners -- and five years editing a leading options newsletter -- W. Edward Olmstead shows how to systematically control your risk, protect your investments, and maximize your profits. This new Second Edition integrates new coverage of weekly options throughout, and presents updated tax strategies every options trader needs to know. Olmstead shows you how to do all this, and much more: Select options with high profit potential Enter and exit trades Choose brokers Work with the Greeks, risk graphs, and LEAPs Use vertical, event producing, and calendar spreads Trade covered calls, straddles, strangles, married puts, and collars Master these and other sophisticated strategies: naked options, stock substitutes, backspreads, butteryfly spreads, iron condors, and double diagonals Implement effective end-of-year tax strategies Day trade indexes with options Use delta-neutral trading Leverage the theory of maximum pain; implied volatility, and Black-Scholes
LC Classification Number
HG6024.A3O46 2013

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