The options edge
Subtitle: an intuitive approach to generating consistent profits for the novice to the experienced practitioner
By: Michael C. Khouw, Mark W. Guthner
Contributors: Guthner, Mark, author
Series: Wiley trading series; Wiley trading
Published: 2016
Language: eng
Number of pages: 338
ISBN-13: 9781119212416
Subjects: Options (Finance)
Description: "Capture the fortune you're losing with every trade by learning to exploit options Options Play + Website shows you how to capture the fortune you lose out on every day. Buying and selling traditional investments often entails instruments with optionality. Sometimes this optionality is explicit, while other times it is hidden. If you're not leveraging these embedded options to their fullest advantage, you're losing money. Most retail investors don't truly understand the nuances involved in successful options trading and instead rely on more comfortable instruments with fewer complex mechanics. If you're interested in optimizing your portfolio, it's time to step out of your comfort zone and learn what you've been missing. This book gives you the background you need to take full advantage of options in this booming market. The companion website features easy to use analytical tools that help investors find the best opportunities so you can start applying these methods right away. Whether or not you ultimately decide to start actively trading options, the concepts discussed will make you a better all-around trader with greater security in your financial affairs. Most investors buy and sell options every day without ever knowing it. This book relates stories of those who have leveraged options to make fortunes and those who have lost by not understanding the optionality of their financial endeavors. You must know the fundamentals of options, and then learn to recognize hidden options, in order to improve success in all of your investment activities. After taking these steps, you can go on to: Create hidden options at little or no cost Structure your finances to reduce risk and increase wealth Utilize a practical pricing model for smarter investing The listed options are currently the only growing exchange traded financial product in the developed markets, with a current average volume of 20 million contracts--equivalent to 2 billion shares--per day. Now is the perfect opportunity to fortify your finances, and Options Play + Website gives you the understanding and practical tools you need to optimize your portfolio today"--

"The options market is the only growing market for broker/dealers. Currently the average daily volume of option trading is about 20 million contracts a day, which is akin to 2 billion shares, making the options market bigger than the equity market. Even with the growth, options are not well understood by the retail investor. This book will make people better investors even if they do not trade listed options by revealing how one can create hidden options at little or no cost as they structure their financial affairs to reduce risk and increase wealth"--
Notes: Includes bibliographical references and index.
Table of contents: title: Introduction Chapter 1: What is an Option and How Options Work Chapter 2: Valuing Options with the Black-Scholes-Merton Option Pricing Model Chapter 3: Trading Volatility Chapter 4: Are Options Fairly Priced? Chapter 5: Fundamental Option Strategies Chapter 6: Portfolio Hedging Producing Enhanced Returns Chapter 7: Option Strategies for Special Situations Chapter 8: Extracting Information from Options Prices Chapter 9: Synthetics Chapter 10: Home Runs Chapter 11: Strike Outs Notes Glossary References About the Free Trial Index.