If you have experience in option trading, or a strong understanding of the options markets, but want to better understand how to trade given certain market conditions, this is the book for you. Mark Sebastian's new edition will teach trade evaluation, using Greeks, trading various spreads under different market conditions, portfolio-building, and risk management. Sebastian's approach will help traders understand how to find edge, what kind of trade under what conditions will capture edge, and how to create and successfully hedge. The book demonstrates how to structure a portfolio of trades that makes more money with less risk.
Author(s): Mark Sebastian
Edition: 2
Publisher: De Gruyter
Year: 2022
Language: English
Pages: 234
City: Berlin
Acknowledgments
Foreword
Contents
Preface
Introduction
Part 1: Professional Lessons Every Trader Needs to Know
Chapter 1 Trading in Options
Chapter 2 Risk Management
Chapter 3 Market Makers, Risk, and the Individual Trader
Chapter 4 Volatility
Chapter 5 What Is Edge?
Chapter 6 Locking in Edge
Part 2: Using Spreads
Chapter 7 A Review of Basic Spreads
Chapter 8 A Closer Look at Advanced Spreads
Chapter 9 Adding Edge to Spreads
Chapter 10 Butterflies and Condors
Chapter 11 The Front Spread
Chapter 12 Calendar Spreads
Part 3: Global Risk and Volatility
Chapter 13 How a Market Maker Trades
Chapter 14 Portfolio Greeks
Chapter 15 Trading Volatility
Chapter 16 Trading VIX ETPs
Part 4: Appendix
Appendix A Important Terms
List of Figures
List of Tables
About the Authors
Index
