Options DeMystiFieD, Second Edition - Softcover

Mccafferty, Thomas

Softcover

ISBN 10: 0071750878 ISBN 13: 9780071750875

Publisher: McGraw-Hill, 2010

Synopsis

In good times and bad, you need to know your OPTIONS

Market volatility is at a record high, which has investors running scared. You don't have to be one of them.Whether your goal is to protect your money in a downturn or profit handsomely from an upturn, trading options is theanswer.

Options DeMYSTiFieD reveals why today’s smartestinvestors rely on the versatility of the optionsmarketplace--and how you can, too! With its quick, snappy explanations and easy-to-understand examples, it provides the knowledge you need to start trading options like a pro in no time. Chapterending quizzes and a final exam round out Options DeMYSTiFieD into a comprehensive self-teaching guide that allows you to learn at your own pace.

This fast and easy guide has everything you need to:

• Protect your investments from market downturns--even those in your IRA or 401(k)
• Increase income from stocks you already own
• Multiply the leverage you have in the market to max out your profits
• Manage the risk of investing without decreasing profit potential
• Engage in more complex trading, such as covered calls, spreads, straddles, and hedges

Simple enough for a beginner but challenging enough for an advanced trader, Options DeMYSTiFieD haswhat you need to build a solid foundation in options trading.

About this title

From the Back Cover:

A down-to-earth guide for understanding, trading, and making money from options

Do you want to learn how to use options without getting lost in confusing theories and complicated math? Options Demystified takes the mystery out of options, providing you with concise descriptions of various option strategies and the basic knowledge you need to execute basic stock and commodity options trades. It also includes some of the more complex techniques like covered calls, spreads, straddles and hedges, and more.

This unique, step-by-step guide uses short, snappy explanations and easy-to-understand examples--along with chapter-ending quizzes and a 50-question final exam--to give you the confidence you need to begin trading options like a pro. More important, the author reveals the psychological side of trading, so you keep a clear head in the heat of trading. You'll know why today's smartest investors and traders rely on the versatility of the options marketplace--and how you can too!

Look inside for hands-on details including:

• What kind of person makes the most successful options trader
• The pitfalls and mistakes that cost traders valuable time and money
• Types of options-- stock, index, currency, financial futures, commodity, dealer, real estate, and employee incentive
• Puts versus calls, buying versus selling, which to use, why, and when
• Increasing income and limiting risk by selling covered options
• The risk and reward of selling naked options and why this strategy is so dangerous
• The importance of time and intrinsic value, and how to measure them using the delta factor
• Rules governing price change--volatility, probability, and profitability
• LEAPS, the Forex market, commodities and financial futures, and sample strategies to play these markets

About the Author:

Thomas McCafferty has been involved in the futures business since 1973. He is a Registered Stock Broker and a Registered Securities Options Principal. Recently, he was Marketing Manager at Evergreen Group, Inc. Before that he oversaw a branch office for Wasendorf & Son Company, an introducing broker, and managed its marketing efforts. He is the author of several books, including All About Futures, All About Commodities, and In-House Telemarketing: A Master Plan for Starting and Managing a Profitable Telemarketing Program. He is currently working on All About Options, 2nd edition.

About this edition

• Publisher: McGraw-Hill
• Publication date: 2010
• ISBN 10: 0071750878
• ISBN 13: 9780071750875
• Binding: Paperback
• Edition number: 2
• Number of pages: 288