DESCRIPTION
(From The Introduction) – The purpose of this book is to help the soybean option trader to reach the right decision before he buys or sells his option. The bewildering combinations of volatility, time and price can make it difficult to arrive at a decision as to which type of option one should use, and how much profit can be made. In addition, a lot of work is needed and most traders do not have the time to spend on these calculations.
Very little work is needed when you use this book. The author has done the work for you. He has calculated hundreds of different option positions, using a multitude of variations of the three factors which influence option values, i.e. volatility, time to expiration and price changes. From all this testing, the author has selected 9 options positions which perform well, both from a safety and a profit perspective.
By using this book you can select the best option to use in 10 minutes or less. All the calculations have been done for you. In addition, the author has built in a unique defense system, a safety zone, to protect your working capital in case prices should go against you after you have taken your option position.