Want to earn steady, reliable income from options? Then you need to run your options portfolio as a business. This book will show you how. Hedge fund manager Dennis Chen and top options coach Mark Sebastian introduce a complete, practical “insurance business” framework for trading options: a framework built on techniques proven in the world’s largest financial institutions.
Chen and Sebastian identify the option concepts most critical to long-term success and present core income strategies based on selling rather than purchasing options. Next, using real-world examples, they walk you through setting up your option business, offering a complete “operations manual” for addressing every day-to-day issue you’ll face. Drawing on their extensive experience, they teach crucial lessons about maintaining discipline, managing volatility and risk, handling infrastructure and payments, and much more.
To earn reliable income from options, you must be systematic, disciplined, and professional. As every expert trader knows, it’s a journey. This book will guide you every step of your way.
TABLE OF CONTENTS
Part 1: The Framework
- Chapter 1 – The Insurance Business
- Chapter 2 – Trade Selection
- Chapter 3 – Risk Management
- Chapter 4 – Trade Execution
- Chapter 5 – The Trading Plan
- Chapter 6 – Trading Infrastructure
- Chapter 7 – Learning Processes
Part 2: Implementing The Business
- Chapter 8 – Understanding Volatility
- Chapter 9 – Most Used Strategies
- Chapter 10 – Operating The Business: Putting Together TOMIC 1.0 From A To Z
Part 3: Lessons From The Trading Floor
- Chapter 11 – Lessons From The Trading Floor On Volatility
- Chapter 12 – Lessons From The Trading Floor On Risk Management
- Chapter 13 – Lessons From The Trading Floor On Trading And Execution
- Chapter 14 – Lessons From The Trading Floor On The Other Greeks
- Chapter 15 – The Beginning