DESCRIPTION
(From The Jacket) – For those in the know, options can be a relatively inexpensive, low-risk alternative to futures, swaps, and other common hedging and trading instruments. They also offer investors a unique edge and profit-taking opportunities not available to stock-only traders. Your complete guide to all things option, this book quickly gets you up to speed on what you’ll need to know to confidently and successfully trade options, whatever your particular investment needs and goals.
Written by one of the most respected options traders and educators in the United States, “Your Options Handbook” features straightforward, practical explanations of the options market – including its history, conventions, and customs – various types of options and their uses, and common trading techniques and methodologies. Writing in plain English, options whiz kid Jared Levy:
- Walks you through the markets from a professional’s perspective, using plain language, simple analogies, and real-world examples to illustrate his points
- Describes market players, options pricing and valuation methods, and trading psychology
- Explains the complex mathematics behind options pricing and trading strategies in a way that even math-phobic investors will find easy to digest
- Discusses major trading strategies and helps you design an approach tailored to your personality, needs, and long- and short-term goals
Don’t be put off by the seeming complexity and obscure jargon associated with the options market. Let “Your Options Handbook” get you up and running with the basic knowledge and tools you’ll need to take full advantage of one of the most versatile and accessible of trading instruments.