The Option Trader's Guide to Probability, Volatility, and Timing
Published on 13. September 2002
Book
Hardback
272 pages
978-0-471-22619-2 (ISBN)
Description
A comprehensive guide that lets you play the options game with confidence
Due to the uncontrollable elements associated with options, many traders find themselves without practical strategies for specific situations. The Option Trader's Guide to Probability, Volatility, and Timing offers traders a variety of strategies to trade options intelligently and confidently in any given situation. With detail and objectivity, this book sets forth risk assessment guidelines, explains risk curve analysis, discusses exit methods, and uncovers some of the biggest mistakes options traders make. The Option Trader's Guide provides readers with strategies for trading options as well as expert advice on when to implement those strategies.
Due to the uncontrollable elements associated with options, many traders find themselves without practical strategies for specific situations. The Option Trader's Guide to Probability, Volatility, and Timing offers traders a variety of strategies to trade options intelligently and confidently in any given situation. With detail and objectivity, this book sets forth risk assessment guidelines, explains risk curve analysis, discusses exit methods, and uncovers some of the biggest mistakes options traders make. The Option Trader's Guide provides readers with strategies for trading options as well as expert advice on when to implement those strategies.
More details
Series
Edition
1. Auflage
Language
English
Place of publication
New York
United States
Target group
College/higher education
Professional and scholarly
Illustrations
Graphs: 170 B&W, 0 Color
Dimensions
Height: 24.5 cm
Width: 16 cm
Thickness: 2.5 cm
Weight
539 gr
ISBN-13
978-0-471-22619-2 (9780471226192)
Schweitzer Classification
Other editions
Additional editions
E-Book
10/2002
Wiley
€54.99
Available for download
Person
JAY KAEPPEL is Director of Research at Essex Trading Company, Ltd., a leading developer of trading software for options and futures traders. He is also an active CTA (commodity trading advisor). With over twenty years' experience, Jay's expertise as a system developer has been noted by Technical Analysis of Stock & Commodities magazine and Formula Research, a renowned trading system advisory newsletter. His articles and interviews have appeared in leading industry publications, and his previous books include The Four Biggest Mistakes in Options Trading and The Four Biggest Mistakes in Futures Trading.
Content
Introduction.
The Basics of Options.
Reasons to Trade Options.
Option Pricing.
Time Decay.
Volatility.
Probability.
Market Timing.
Trading Realities.
Important Concepts to Remember.
Overview of Trading Strategy Guides.
Buy a Naked Option.
Buy a Backspread.
Buy a Calendar Spread.
Buy a Straddle.
Sell a Vertical Spread.
Sell a Naked Put.
Write a Covered Call.
Enter a Butterfly Spread.
Placing Trades.
Epilogue: Some Random Thoughts for Option Traders.
Appendix A: PROVEST Option Trading Method Criteria.
Appendix B: Option Exchanges, Option Brokers, Option Symbols, and Option Volume.
Index.
The Basics of Options.
Reasons to Trade Options.
Option Pricing.
Time Decay.
Volatility.
Probability.
Market Timing.
Trading Realities.
Important Concepts to Remember.
Overview of Trading Strategy Guides.
Buy a Naked Option.
Buy a Backspread.
Buy a Calendar Spread.
Buy a Straddle.
Sell a Vertical Spread.
Sell a Naked Put.
Write a Covered Call.
Enter a Butterfly Spread.
Placing Trades.
Epilogue: Some Random Thoughts for Option Traders.
Appendix A: PROVEST Option Trading Method Criteria.
Appendix B: Option Exchanges, Option Brokers, Option Symbols, and Option Volume.
Index.