"A comprehensive yet simplified guide to the complex world of options investing and risk management Before trading derivatives, one needs to understand the secrets and mechanics behind the options market. Your Options Handbook: The Practical Reference and Strategy Guide to Trading Options offers a straightforward, practical explanation of the options marketplace, including its origins, the mechanics of the market, and how to profit from trading options. Walks you through the stock and option markets from a professional's perspective, but uses plain language and simple analogies Discusses different trading strategies based upon whether one's opinion of the market is bullish, bearish, or neutral Details market players, useful tips, and trading psychology, and explains how options are priced Options are a versatile trading instrument that typically cost less and can have lower risk than stocks. They also offer investors a unique edge and lucrative opportunities that are not available to stock only traders. Your Options Handbook helps investors fully understand the options market, allowing them to enter the sector with greater ease."-- �Read more...
Abstract:
A comprehensive yet simplified guide to the complex world of options investing and risk management Before trading derivatives, one needs to understand the secrets and mechanics behind the options market. �Read more...
Author(s): Jared Levy, Mark Douglas
Series: Wiley trading series
Edition: 1
Publisher: Wiley
Year: 2011
Language: English
Pages: 404
City: Hoboken, N.J
Tags: Финансово-экономические дисциплины;Биржевая торговля;
Content: CONTENTS
Foreword
Preface
Acknowledgments
CHAPTER 1 Market Basics and Market Mechanics: What Is Going On and How Does It All Work?
The Markets
Sectors and Industries
ETFs-A Different Kind of Investment
Final Thoughts
CHAPTER 2 Data That Moves the Markets: The First Step in Your Analysis
Data and Sentiment
Economists, Predictions, and Indicators
Economic Indicators
Key Indicators to Watch
Final Thoughts
CHAPTER 3 Fundamental and Technical Stock Analysis and Tools: The Second Step in Your Analysis
Introduction to Fundamental Analysis
Digesting the News
Cheap versus Value. Mergers and Acquisitions for the Everyday Options TraderThe Wisdom (or Lack Thereof) of Crowds
Trading Tactics and Technical Analysis
Plans of Attack
New Trader Tips
Top 10 Things Professionals Do That the Average Retail Trader Doesn't
Final Thoughts
CHAPTER 4 Options Basics: Techniques and Fundamentals to Master Before Applying Any Options Strategy
The Oracle of Omaha Did It, Why Can't I?
The Basics
Trading Options-Order Types
Options Expiration in Detail
Exercise and Assignment
When Should You Exercise an Option Early?
What Is Triple Witching? (Or Quadruple Witching). Final ThoughtsCHAPTER 5 The Greeks: The Forces That Influence Options' Prices
Delta
Final Thoughts
CHAPTER 6 Strategy: The Basic Options Trades
Basic Single Options Strategies
The Long Call
Covered Call (Buy-Write)
Buy-Write versus Covered Call
Long Put
Basic Stock and Options Spread
Final Thoughts
CHAPTER 7 Strategy: The Basic Spread Trades
Vertical Spreads in Depth
The Four Basic Vertical Spreads-Basic Characteristics and Behavior
Credit Spreads versus Debit Spreads
Credit Vertical Spreads
Debit Vertical Spreads
Buying a Put Spread (Bear Put Spread). Buying a Call Spread (Bull Call Spread)Market Direction Neutral Spread Strategies
Final Thoughts
CHAPTER 8 Strategy: The Advanced Option Spreads
Market Neutral, Volatility, and Earnings Spread Strategies
Butterflies versus Condors
Iron Spreads
Iron Butterfly versus Iron Condor
Final Thoughts
CHAPTER 9 Advanced Concepts
Put-Call Parity, Interest Rates, Dividends, and Forwards
Synthetics and More on Put-Call Parity
Final Thoughts
CHAPTER 10 A Revolutionary Approach to the Mind Games of the Markets: Understand Why You Need Emotions to Trade Well
Trading Is Like Weather Forecasting. What Is Psych Cap?Strategies and Tactics for Large Psych Cap Balances
About the Contributor
CHAPTER 11 Turning Your Trading into a Business
Education
The Formative Process
Tips and Formulas for Budgetary Success
Setting Up a Legal Entity
Guidelines, Indicators, and Birds of Prey
Final Thoughts
About the Contributor
Notes
About the Author
Index.