‏228.00 ₪

Essential Option Strategies - Understanding the Market and Avoiding Common Pitfalls

‏228.00 ₪
ISBN13
9781119263333
יצא לאור ב
New York
זמן אספקה
21 ימי עסקים
עמודים
336
פורמט
Hardback
תאריך יציאה לאור
18 בנוב׳ 2016
Learn the ins-and-outs of options trading with clear, practical guidance Essential Option Strategies is an introductory guide to options trading, designed to help new options traders better understand the market and the potential opportunities that exist.
Learn the ins-and-outs of options trading with clear, practical guidance Essential Option Strategies is an introductory guide to options trading, designed to help new options traders better understand the market and the potential opportunities that exist. This book is designed to bring you up to speed with current practices and help you implement your own option trading strategies. You'll create a plan, track indicators, and understand underlying instruments, then apply that central investing knowledge directly to the options market. The discussion on pricing determinants and probabilities uses an intuitive approach to complex calculations, providing clear examples with no advanced math required, and extensive explanation of spreads, butterflies, and condors brings advanced strategies down to earth. Easy-reference appendices clarify the Greek terms and technical analysis charts, while focused discussion and expert insight throughout provide a highly informative crash course on options trading. Options trading has undergone a rapid evolution beyond stocks and commodities into asset classes including fixed-income, precious metals, energy, and more. This book helps you build a solid foundation in the fundamentals, giving you a knowledge base that applies no matter how the instruments change. This book is designed to help you: * Understand the options market inside and out * Avoid common mistakes * Learn some basic positions, and trades * Read charts and interpret probabilities Once the domain of the elites, the options market has been thrown wide open thanks to real-time price quotes, through brokerages, and the free flow of information online. The process of buying and selling options contracts is faster and more efficient than ever, and Wall Street is facing stiff competition from independent analysts and financial websites. As much as the market has changed, the fundamentals are the same and Essential Option Strategies aims to provide expert guidance throughout the learning process.
מידע נוסף
עמודים 336
פורמט Hardback
ISBN10 1119263336
יצא לאור ב New York
תאריך יציאה לאור 18 בנוב׳ 2016
תוכן עניינים Foreword xiii Preface xv Acknowledgments xix About the Author xxi Part I Getting Started in Investing 1 Chapter 1 The Opening Bell 3 Probabilities 4 Getting Started 5 Research 6 Data 9 Charts 11 Commissions and Fees 13 Virtual Trading Platforms 14 Summary 15 References 15 Chapter 2 First Days of Trading 17 Brief History of Stock Market Averages 17 Key Market Indexes Today 19 The Volatility Index 21 Futures 22 The Bond Market 25 Fed Watch 26 Economic Indicators 27 Earnings 28 Find Your Niche 29 Summary 29 References 30 Chapter 3 Know the Underlying 31 Where Do Options Trade? 32 Stock Talk 34 Exchange-Traded Funds 38 Short Selling 40 On the Margin 41 Summary 41 References 42 Chapter 4 Avoiding Mistakes 43 Position Size 44 Volume and Liquidity 44 Order Entry Techniques 46 Understand Risk 48 Summary 51 References 51 Part II The Options Market 53 Chapter 5 Options Basics 55 Stock Options 57 Option Value 61 Exercise and Assignment 62 Volume and Open Interest 64 Index Options 65 Summary 66 References 67 Chapter 6 Introduction to Call Options 68 Call Options versus Stock 69 Risk and Reward of Long Call 70 Real-World Example 72 Short Calls 75 Index Call Options 78 Summary 82 Reference 82 Chapter 7 Introduction to Put Options 83 Long Puts versus Short Selling 84 Risk and Reward 84 Real-World Example 86 Protective Puts 89 Index Put Options 92 Summary 94 References 95 Chapter 8 Components of Options Prices 96 Delta and Other Greeks 97 Strike Price 98 Theta and Time Decay 100 Vega and Implied Volatility 100 Dividends 103 Rho and Interest Rates 104 Put-Call Parity 105 Summary 108 References 109 Chapter 9 Probabilities 110 Probabilities 101 111 Probability of Profit 112 Probability of Touching 113 Example 114 Delta to Measure Probabilities 119 Summary 121 References 121 Part III Strategies and Positions 123 Chapter 10 Covered Calls 125 The Covered Call 125 Example 130 Summary 133 References 134 Chapter 11 Cash-Secured Puts 135 Short Puts 136 Example 138 Summary 142 Chapter 12 Long Vertical Spreads 143 Bull Call Spread 144 Example 147 Bear Put Spread 152 Example 153 Summary 157 Chapter 13 Short Vertical Spreads 158 Short (Bull) Put Spread 159 Example 162 Short (Bear) Call Spread 167 Example 168 Summary 171 Chapter 14 Calendar Spreads 173 Call Calendar Spread 174 Example 177 Put Calendar Spread 181 Example 183 Summary 187 Chapter 15 Butterfly Spreads 188 Butterfly Spread 189 Example 191 Iron Butterfly Spread 196 Example 198 Summary 201 Chapter 16 Condor Spreads 203 Condor Spread 204 Example 205 Iron Condor Spread 209 Example 210 Summary 214 Chapter 17 The Close 216 Risk Management 216 Options Orders 218 Using Options to Reduce Capital Commitment 220 Rolling with Spread Trades 222 Investing and Social Media 223 Final Thoughts 224 Appendix A The Greeks 227 Delta Defined 228 Delta Neutral 229 Gamma 230 Theta 231 Vega 231 Rho 234 Reference 234 Appendix B Strategy Recap 235 Long Call 235 Short Call 237 Long Put 238 Protective Put 239 Covered Call 241 Collar 242 Cash-Secured Put 243 Long Call Spread 245 Long Put Spread 246 Short Call Spread 247 Short Put Spread 248 Call Calendar Spread 250 Put Calendar Spread 251 Call Butterfly Spread (Long) 252 Put Butterfly Spread (Long) 253 Iron Butterfly 255 Call Condor Spread (Long) 256 Put Condor Spread (Long) 257 Iron Condor 259 Quick Strategy Guide 260 Appendix C Charts and Volatility Studies 265 Stock Charts 101 265 Time Frames 267 Volume and Volatility 269 Glossary 277 Index 295
זמן אספקה 21 ימי עסקים