Options: Perception and Deception. Position Disection, Risk Analysis and Defensive Trading Strategies

Charles M. Cottle

ISBN 10: 1557389071 ISBN 13: 9781557389077
Published by Charles M. Cottle, 1996
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Dust jacket in good condition. First edition, third printing. Minor shelf and handling wear, overall a clean solid copy with minimal signs of use. Protected by mylar cover. No extraneous markings. All pages are intact and binding is strong. Secure packaging for safe delivery. 0.95. Seller Inventory # 1328451872

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Synopsis:

This work demonstrates how perception of risk is the key element to successful options trading. It shows traders how to calculate risk on any option position, eliminate inappropriate risks, adjust positions as the underlying market changes, and optimize the potential of the option positions.

From the Author: A valuable resource for retail speculators and hedgers.
I set out to write the bible of options market making, a book that can withstand the test of time in the ever-changing financial environment. It has been very gratifying to see how much my book has helped traders in their careers. About 80% of it has proven to be beneficial to retail traders, especially those who follow the reading assignments that I have posted on my web site (www.riskfixer.com). It steers the retail trader away from the more intense market making concepts. There is, however, a healthy dose of the market maker perspectives conveyed, in order to stretch the conceptual awareness of options for retail speculators and hedgers. This is done for the simple reason that it is not always best to get out of the exact position that one has gotten into with options. Many times it is better to adjust the position by spreading it off against other options. Having a simple and clear understanding of a complicated (market maker type) position can mean the difference between success and failure.

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Bibliographic Details

Title: Options: Perception and Deception. Position ...
Publisher: Charles M. Cottle
Publication Date: 1996
Binding: Hardcover
Condition: Very Good
Dust Jacket Condition: Good
Edition: First Edition.

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