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Options Math For Traders, How to Pick the Best Option Strategies for Your Market Outlook. Published By John Wiley, 2012
What Amazon.com has to say:
A practical guide to the math behind options and how that knowledge can improve your trading performance.
No book on options can guarantee success, but if a trader understands and utilizes option math effectively, good things are going to happen. The idea behind Options Math for Tradersis to help retail option traders understand some of the basic tenants and enduring relationships of options, and option math, that professional and institutional traders rely on every day. This book skillfully highlights those strategies that are inherently superior from an option math point of view and explains what drives that superiority while also examining why some strategies are inherently inferior.
The material is explained without complex equations or technical jargon. The goal is to give you a solid conceptual foundation of options behavior so you can make more informed decisions when choosing an option strategy for your market outlook. Topics covered include the volatility premium, because over time, options will cost more than they are ultimately worth; skew, wherein far out of the money put options may seem cheap from an absolute term, but are very expensive in relative terms; and the acceleration in option price erosion.
Most independent traders have an imperfect understanding of the math behind options pricing. With Options Math for Traders as your guide, you'll gain valuable lessons in this area and discover how this information can improve your trading performance.
The Complete Book of Option Spreads and Combinations. Due to be Published By John Wiley, Fall of 2014
Combining individual options into an option spread or an option combination is often the best way to reduce the risk of your option strategy or increase the liklihood of generating a profit.
From the Wiley website
The Complete Book of Option Spreads and Combinations will be the definitive educational resource and reference guide for using option spreads and other sophisticated option strategies. Option spread trading has grown rapidly in recent years due to the reduction in brokerage commissions and ease of execution through electronic platforms. Author Scott Nations will cover vertical spreads, calendar spreads, ratio spreads, diagonal spreads, butterflys, iron butterflys, straddles, strangles, condors, and iron condors. Nations will describe the inner workings of each strategy, describing how the strategies are impacted by movements in the underlying market, implied volatility, and time decay. Most importantly, he identifies market conditions where each strategy performs well and market conditions where each strategy should be avoided. Readers will learn how to generate monthly income by selling covered strangles, ssing call spreads to recover from a losing stock position, using put diagonals to protect an existing stock position, and the best strategies for directional market plays
Once the proper strategy is suggested, Nations shows how to identify the best options to use based on “moneyness” (in-the-money, out-of-the-money or at-the-money) and time to expiration. He then describes how to monitor, adjust, and close each trade to maximize profits and minimize losses. Comprehensive and authoritative, The Complete Book of Option Spreads and Combinations will provide traders with a valuable how-to manual and a lasting reference.
See what else Wiley has to say and preorder The Complete Book of Option Spreads and Combinations.
| Options Math For Traders, How to Pick the Best Option Strategies for Your Market Outlook. Published By John Wiley, 2012 | |
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What Amazon.com has to say: No book on options can guarantee success, but if a trader understands and utilizes option math effectively, good things are going to happen. The idea behind Options Math for Tradersis to help retail option traders understand some of the basic tenants and enduring relationships of options, and option math, that professional and institutional traders rely on every day. This book skillfully highlights those strategies that are inherently superior from an option math point of view and explains what drives that superiority while also examining why some strategies are inherently inferior. The material is explained without complex equations or technical jargon. The goal is to give you a solid conceptual foundation of options behavior so you can make more informed decisions when choosing an option strategy for your market outlook. Topics covered include the volatility premium, because over time, options will cost more than they are ultimately worth; skew, wherein far out of the money put options may seem cheap from an absolute term, but are very expensive in relative terms; and the acceleration in option price erosion. Most independent traders have an imperfect understanding of the math behind options pricing. With Options Math for Traders as your guide, you'll gain valuable lessons in this area and discover how this information can improve your trading performance. |
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| The Complete Book of Option Spreads and Combinations. Due to be Published By John Wiley, Fall of 2014 | |
|
Combining individual options into an option spread or an option combination is often the best way to reduce the risk of your option strategy or increase the liklihood of generating a profit. The Complete Book of Option Spreads and Combinations will be the definitive educational resource and reference guide for using option spreads and other sophisticated option strategies. Option spread trading has grown rapidly in recent years due to the reduction in brokerage commissions and ease of execution through electronic platforms. Author Scott Nations will cover vertical spreads, calendar spreads, ratio spreads, diagonal spreads, butterflys, iron butterflys, straddles, strangles, condors, and iron condors. Nations will describe the inner workings of each strategy, describing how the strategies are impacted by movements in the underlying market, implied volatility, and time decay. Most importantly, he identifies market conditions where each strategy performs well and market conditions where each strategy should be avoided. Readers will learn how to generate monthly income by selling covered strangles, ssing call spreads to recover from a losing stock position, using put diagonals to protect an existing stock position, and the best strategies for directional market plays Once the proper strategy is suggested, Nations shows how to identify the best options to use based on “moneyness” (in-the-money, out-of-the-money or at-the-money) and time to expiration. He then describes how to monitor, adjust, and close each trade to maximize profits and minimize losses. Comprehensive and authoritative, The Complete Book of Option Spreads and Combinations will provide traders with a valuable how-to manual and a lasting reference. See what else Wiley has to say and preorder The Complete Book of Option Spreads and Combinations. |
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