Items related to Automated Option Trading: Create, Optimize, and Test...

Automated Option Trading: Create, Optimize, and Test Automated Trading Systems - Hardcover

 
9780132478663: Automated Option Trading: Create, Optimize, and Test Automated Trading Systems

Synopsis

The first and only book of its kind, Automated Options Trading describes a comprehensive, step-by-step process for creating automated options trading systems. Using the authors’ techniques, sophisticated traders can create powerful frameworks for the consistent, disciplined realization of well-defined, formalized, and carefully-tested trading strategies based on their specific requirements. Unlike other books on automated trading, this book focuses specifically on the unique requirements of options, reflecting philosophy, logic, quantitative tools, and valuation procedures that are completely different from those used in conventional automated trading algorithms. Every facet of the authors’ approach is optimized for options, including strategy development and optimization; capital allocation; risk management; performance measurement; back-testing and walk-forward analysis; and trade execution. The authors’ system reflects a continuous process of valuation, structuring and long-term management of investment portfolios (not just individual instruments), introducing systematic approaches for handling portfolios containing option combinations related to different underlying assets. With these techniques, it is finally possible to effectively automate options trading at the portfolio level. This book will be an indispensable resource for serious options traders working individually, in hedge funds, or in other institutions.

"synopsis" may belong to another edition of this title.

From the Back Cover

The Only Automated Trading Guide 100% Focused on Options

  • Fully reflects the unique characteristics of option instruments and markets
  • Covers everything from strategy development to optimization, risk management to back-testing
  • Introduces breakthrough techniques for automating option trading at the portfolio level
  • For all serious option traders working individually, in hedge funds, or in other institutions
This book presents the first comprehensive, step-by-step process for creating automated option trading systems. Using its techniques, sophisticated traders can create powerful frameworks for the consistent, disciplined realization of well-defined, formalized, and carefully tested trading strategies based on their specific requirements.

Unlike other books, Automated Option Trading focuses specifically on the unique features of options, reflecting philosophy, logic, quantitative tools, and valuation procedures that are completely different from those used in conventional automated trading algorithms. Every facet of the authors’ approach is optimized for options, including strategy development and optimization, capital allocation, risk management, performance measurement, and back-testing.

The authors’ system reflects a continuous process of valuation, structuring, and long-term management of investment portfolios (not just individual instruments), introducing systematic approaches for handling complex structures containing option combinations related to different underlying assets. With these techniques, it is finally possible to effectively automate option trading at the portfolio level.

Until now, all automated trading books have focused on traditional investments such as stocks, futures, or currencies. Options are fundamentally different. Therefore, automated option trading must be grounded in a different philosophy and must utilize different logic and quantitative procedures. In Automated Option Trading, internationally renowned experts Sergey Izraylevich and Vadim Tsudikman present the first and only start-to-finish guide to building automated trading systems for option markets.

Izraylevich and Tsudikman walk through every stage of creating automated trading systems for options and customizing them to your unique goals and strategies. Throughout, they focus on “market-neutral” trading strategies that exploit the unique characteristics of options.

Readers will learn how to build trading systems that reflect the best attributes of both “scientific” (based on economically grounded rules) and “empirical” (optimization-based) approaches and overcome the limitations of each. The authors also demonstrate how to estimate expected returns and risks in complex portfolios including many different underlying assets--enabling traders to successfully automate option trading at the portfolio level for the first time.

This book shows sophisticated option traders how to
  • Build complete frameworks for realizing profits from well-defined, formalized option strategies
  • Construct complex portfolios step-by-step from diverse option combinations
  • Apply the best available optimization techniques, utilizing both economic and empirical rules
  • Accurately measure the risks of complex structures, not just individual options
  • Allocate capital among portfolio elements in a manner that enables return maximization while maintaining an acceptable diversification level
  • Test strategies against reliable and relevant data and avoid the pitfalls of overfitting

About the Author

Sergey Izraylevich, Ph.D., Chairman of the Board of High Technology Invest Inc., has traded options for well over a decade and currently creates automated systems for algorithmic option trading. A Futures magazine columnist, he has authored numerous articles for highly rated, peer-reviewed scientific journals. He began his career as a lecturer at The Hebrew University of Jerusalem and Tel-Hay Academic College, receiving numerous awards for academic excellence, including Golda Meir’s Prize and the Max Shlomiok honor award of distinction.

Vadim Tsudikman, President of High Technology Invest Inc., is a financial consultant and investment advisor specializing in derivatives valuation, hedging, and capital allocation in extreme market environments. With more than 15 years of option trading experience, he develops complex trading systems based on multicriteria analysis and genetic optimization algorithms.

Izraylevich and Tsudikman coauthored Systematic Options Trading (FT Press) and regularly coauthor Futures magazine articles on cutting-edge issues related to option pricing, volatility, and risk management.

"About this title" may belong to another edition of this title.

  • PublisherFt Pr
  • Publication date2012
  • ISBN 10 0132478668
  • ISBN 13 9780132478663
  • BindingHardcover
  • LanguageEnglish
  • Number of pages300

Buy Used

Condition: Very Good
Hard cover with unclipped dust... View this item

Shipping: US$ 12.25
From United Kingdom to U.S.A.

Destination, rates & speeds

Add to basket

Search results for Automated Option Trading: Create, Optimize, and Test...

Seller Image

Izraylevich, Sergev; Tsudikman, Vadim
Published by FT Press, New Jersey, 2012
ISBN 10: 0132478668 ISBN 13: 9780132478663
Used Hardcover

Seller: PsychoBabel & Skoob Books, Didcot, United Kingdom

Seller rating 5 out of 5 stars 5-star rating, Learn more about seller ratings

Hardcover. Condition: Very Good. Dust Jacket Condition: Very Good. Hard cover with unclipped dust jacket, both in very good condition. Light shelf and handling wear to DJ, including minor creasing to edges, tiny closed tear to rear foot. Boards in fine condition, content is 'as unread'. CN. Seller Inventory # 611235

Contact seller

Buy Used

US$ 51.81
Convert currency
Shipping: US$ 12.25
From United Kingdom to U.S.A.
Destination, rates & speeds

Quantity: 1 available

Add to basket

Stock Image

Izraylevich, Sergey, Tsudikman, Vadim
Published by FT Press, 2012
ISBN 10: 0132478668 ISBN 13: 9780132478663
Used Hardcover

Seller: dsmbooks, Liverpool, United Kingdom

Seller rating 4 out of 5 stars 4-star rating, Learn more about seller ratings

Hardcover. Condition: Very Good. Very Good. book. Seller Inventory # D7S9-1-M-0132478668-3

Contact seller

Buy Used

US$ 192.07
Convert currency
Shipping: US$ 32.24
From United Kingdom to U.S.A.
Destination, rates & speeds

Quantity: 1 available

Add to basket