The Complete Guide to Option Selling, Second Edition - Hardcover

Cordier, James; Gross, Michael

Hardcover

ISBN 10: 0071622373 ISBN 13: 9780071622370

Publisher: McGraw-Hill Professional, 2009

Synopsis

The growing popularity of selling options isundeniable, yet it remains one of the leastunderstood concepts in the trading world.This clear and engaging guide helps youenter the market with the confidence youneed and generate profits with a consistencythat may surprise you.

Now in its second edition, The CompleteGuide to Option Selling is the only book thatexplores selling options exclusively. Sinceits original publication in 2004, much haschanged in the world of options, and theauthors have provided key updates to helpyou take advantage of these changes. You’llfind all the information you’ll need to startwriting options profitably in equities, stockindexes, and commodities and maximizeyour returns, minimize your risk, and evenmanage “black swan” events.

With more than 38 years combined experiencein options trading, the authors explain:

• Basic mechanics of howprofessionals selltime premium
• The misunderstood subject ofmargins on short options
• Myths about option writing—and why they still circulate
• Key factors to considerwhen building an optionsellingportfolio
• How to control risk—the right way
• Effective, time-tested strategiesfor selling premium
• Common mistakes beginnersmake and how to avoid them

Option selling provides a high probability ofsuccess that is difficult, if not impossible, toachieve in any other investment. The CompleteGuide to Option Selling illustrates how to takefull advantage of this unique approach andmake it a profitable, high-yield component ofyour overall portfolio.

Don’t listen to the popular myth that optionselling is only for professionals. The secretis out, and individual investors can now runwith it. Read The Complete Guide to OptionSelling and learn how you can level the playingfield with the big guys. It’s a lot easierthan you may think.

About this title

About the Author

James Cordier is president and head portfoliomanager of Liberty Trading Group/OptionSellers.com, where he manages assetsfor a global client base. Cordier’s firm helpsindividual investors maximize the use of optionselling in their portfolios. He is regularlyquoted by national financial media, includingThe Wall Street Journal, CNN Money, andBarron’s Weekly, and is a regular guest analyston CNBC, Bloomberg Television, and FoxBusiness.
Michael Gross is director of research atLiberty Trading Group/OptionSellers.com.A registered broker, he writes articles thatappear regularly in Futures magazine, Yahoo!Finance, and Forbes.com.

More information on theirfirm is available atwww.OptionSellers.com.

From the Back Cover

Option-writing strategies for highreturns in every type of market

Written in a style anyone can understand, The Complete Guide to Option Selling providesthe strategies you need to consistently profit in a popular but poorly understood market.

This second edition contains all of the foundational information from the original editionand addresses recent changes in the market with brand-new material, including:

• New chapters on volatility and portfolio building
• Fresh insights into option spread trading in the“new” market environment
• How volatile markets create the ideal conditions forselling premium—and how to profit when everybodyelse is running for the doors
• New risk-management strategies for the 21st century,including how to manage the proverbial “Black Swan”

Focusing on why, what, where, and how of writing options, The Complete Guide to Option Sellingis a peerless guide for seamlessly integrating options into your own investment program.

“Will change the way I look at the topic forever.”
—Gail Osten, SFO magazine

“The Complete Guide to Option Selling is an excellent read.”
—Your Trading Edge magazine

Edition details

• Publisher: McGraw-Hill Professional
• Publication date: 2009
• ISBN 10: 0071622373
• ISBN 13: 9780071622370
• Binding: Hardcover
• Language: English
• Edition number: 2
• Number of pages: 320