Features
- Cover Type: Hard Cover with 896 pages
- Published by: Prentice Hall Press; 4 Sub edition April 3, 2001
- Written in: English
- ISBN 10 Number: 0735201978
- ISBN 13 Number: 978-0735201972
-
Book Dimensions:
9.5 x 7.4 x 2.2 inches
- Weighs: 3.6 pounds
Book Description
Reflecting todays market realities and the new innovative options products available, this fourth edition features an in-depth analysis of volatility and volatility trading; updated information on all stock option strategies, reflecting recent market conditions; buy and sell strategies for Long Term Equity Anticipation Securities (LEAPs); detailed guidance for investing in the growing field of structured products; the latest developments in futures and futures options; and the market impact of the most recent changes in the margin rules.
Packed with graphs and charts to clarify profit and loss potential, margin requirements, and criteria for selection of a position, this classic remains an indispensable resource for investors determined to master the world of options--and profit.
Book Info
Considered the bible of options trading. Now completely revised and updated with the latest trading vehicles and applications available today. DLC: Options (Finance)
--This text refers to an out of print or unavailable edition of this title.
Reader Reviews
This review is from: Options as a Strategic Investment, Third Edition : Third Edition (Hardcover)
Most people who trade either stocks, options, or futures lose money. This is because they 1) are undercapitalized, 2) have no system or 3) don't understand the instrument they trade. 4) some combination of 1, 2, and 3. This book won't help you if you don't go into the market with enough money, but it will help you develop your own system (after a lot more research) and figure out how to use options to increase returns or limit risk. This book describes just about every fundamental strategy you could try with options. It covers the total return concept of covered call writing, the pros and cons of option buying, examines various types of spreads (vertical, calendar, and diagonal) and the various delta (price) neutral strategies. There is some advanced math here (in an appendix), but anyone of average intelligence and stock market knowledge could follow it. Don't pay attention to those reviewers who trash the book--they have no clue. I constantly refer to this book in order to gain a better understanding of different option strategies. No matter which direction option markets evolve, the information of this book will still apply.
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