The Option Trader's Guide to Probability, Volatility, and Timing
Published on 8. October 2002
272 pages
978-0-471-27385-1 (ISBN)
Description
A comprehensive guide that lets you play the options game withconfidence
Due to the uncontrollable elements associated with options, manytraders find themselves without practical strategies for specificsituations. The Option Trader's Guide to Probability, Volatility,and Timing offers traders a variety of strategies to trade optionsintelligently and confidently in any given situation. With detailand objectivity, this book sets forth risk assessment guidelines,explains risk curve analysis, discusses exit methods, and uncoverssome of the biggest mistakes options traders make. The OptionTrader's Guide provides readers with strategies for trading optionsas well as expert advice on when to implement those strategies.
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Book
09/2002
Wiley
€79.90
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Person
JAY KAEPPEL is Director of Research at Essex Trading Company, Ltd.,a leading developer of trading software for options and futurestraders. He is also an active CTA (commodity trading advisor). Withover twenty years' experience, Jay's expertise as a systemdeveloper has been noted by Technical Analysis of Stock &Commodities magazine and Formula Research, a renowned tradingsystem advisory newsletter. His articles and interviews haveappeared in leading industry publications, and his previous booksinclude The Four Biggest Mistakes in Options Trading and The FourBiggest 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.
