How to Start Trading Options: A Self-Teaching Guide For Trading Options Profitably (PERSONAL FINANCE & INVESTMENT) - Softcover

Kraus, Kevin

Softcover

ISBN 10: 007145909X ISBN 13: 9780071459099

Publisher: McGraw-Hill, 2005

Synopsis

A popular options authority offers you a hands-on guide to get you up and trading—even if you’re a novice

Options are extremely popular with traders looking to gain leverage and reduce risk, but books on the subject often get bogged down in complex mathematical formulas and other detailed discussions, which aren’t helpful a new trader. Start Trading Options delivers clear, concise, and ready-to-use explanations to guide you from the fundamentals of options through more advanced and powerful trading strategies.

Plain-English descriptions explain uses of calls and puts, strategies for buying and selling, techniques for combining futures and options to create synthetic positions, and types of spreads from strangles and straddles to vertical, ratio, and delta.

About this title

About the Author

McGraw-Hill authors represent the leading experts in their fields and are dedicated to improving the lives, careers, and interests of readers worldwide

From the Back Cover

Easy-to-use option strategies to dramatically increase your trading profits while slashing your downside risk

Start Trading Options takes a straightforward approach, using simple and easy language and math to give you just the facts--what options are, how and why they work, and what you need to do to start making them work for you today.

Written by veteran options trader and trainer Kevin Kraus, Start Trading Options includes:

• The basics of buying and selling puts and calls, proper order terminology, how to calculate breakeven points, and more
• Spread strategies and techniques, including vertical, ratio, butterfly, back, credit, and condor spreads, along with long and short strangles and straddles
• Advanced techniques, including multiple options strategies, calendar spreads, synthetic futures, and option forecasting "on the fly"
• Risk management strategies, from establishing risk points and placing stop orders to popular hedging methods
• "Test your Knowledge" sections within each chapter, along with listings of key terms and quizzes at the end of each chapter

Millions of traders and investors use basic, no-nonsense options strategies every day to augment their profits while protecting their portfolios against sudden price drops. Discover what they know and what you need to know to adopt their proven and profitable techniques in Start Trading Options.

Edition details

• Publisher: McGraw-Hill
• Publication date: 2005
• Language: English
• ISBN 10: 007145909X
• ISBN 13: 9780071459099
• Binding: Paperback
• Edition number: 1
• Number of pages: 192