The Option Trader's Workbook: A Problem-Solving Approach (2nd Edition)
“The one thing readers should understand is that Jeff Augen is truly dedicated to educating traders at all levels. Instead of handing out answers, Jeff wants to make sure they understand the concepts he is teaching. He recognizes the value of being able to apply basic knowledge to new situations. Adapting and building on techniques and strategies has made Jeff Augen successful.”--Michelle Gebhardt, Executive Editor,Stocks, Futures, and Optionsmagazine There’s only one way to become a great option trader: practice. This up-to-the-minute workbook gives you all the hands-on practice you need to become a consistently profitable option trader...without risking a dime! Jeff Augen walks you through every type of trade, showing you exactly how to execute maximum-profit strategies and avoid disastrous trading pitfalls. You’ll start with the basics and then build your skills to master today’s most powerful new strategies. Use this book to perfect your option trading instincts--so when real money’s on the line, you’ll win! Just some of what’s new in this edition:Using precisely tuned ratio trades to profit in virtually any environmentStructuring income-generating trades with well-defined risk profilesCapitalizing on trades containing both stocks and optionsMastering the unique dynamics of CBOE weekly options expiration tradesUsing VIX options to take advantage of unusual volatility arbitrage situations