Review: Helpful and Useful
Rating: 4 out of 5
Date: 04 16, 2014
For someone trying to understand trading - this book helps to understand different strategy aiming to achieve 1. To result in a higher profit when the underlying stock closes within the strike prices of the long and short options. 2. To reduce risk by eliminating upfront payment for the position. 3. To result in a profit even if the underlying stock stays stagnant upon expiration. Simply saying:  by selling more Out Of The Money (OTM) put options than long put options.