Your Options Handbook: The Practical Reference and Strategy Guide to Trading Options - Hardcover

Levy, Jared

Hardcover

ISBN 10: 0470603623 ISBN 13: 9780470603628

Publisher: Wiley, 2011

Synopsis

A comprehensive yet simplified guide to the complex world of options investing and risk management

Before trading derivatives, one needs to understand the secrets and mechanics behind the options market. Your Options Handbook: The Practical Reference and Strategy Guide to Trading Options offers a straightforward, practical explanation of the options marketplace, including its origins, the mechanics of the market, and how to profit from trading options.

• Walks you through the stock and option markets from a professional's perspective, but uses plain language and simple analogies
• Discusses different trading strategies based upon whether one's opinion of the market is bullish, bearish, or neutral
• Details market players, useful tips, and trading psychology, and explains how options are priced

Options are a versatile trading instrument that typically cost less and can have lower risk than stocks. They also offer investors a unique edge and lucrative opportunities that are not available to stock only traders. Your Options Handbook helps investors fully understand the options market, allowing them to enter the sector with greater ease.

About this title

About the Author

JARED A. LEVY got his start trading as an options market maker and specialist in the pits of the Philadelphia and American Stock Exchanges in the '90s. Now as an exclusive CNBC contributor, he offers his commentary to the world as part of CNBC's Fast Money team and appears on several programs throughout the network. Jared is also featured and quoted in numerous industry publications both online and in print. He has been featured on Bloomberg, Fox, and several other radio and TV networks over the years. In 2006, he won an Emmy for his daily video, "Trader Cast." More recently, he served as the Senior Derivatives Specialist for PEAK6 Investments, L.P., and is currently an editor for Taipan Publishing Group.

From the Back Cover

"With the techniques and strategies contained within these pages, you have everything you need to beat any hedge fund manager."
JARED LEVY

Options offer investors a relatively safe, inexpensive way to invest and hedge risk. Despite the rarefied jargon involved such as "backwardation," "pin risk," and "volatility smile" options trading is also much simpler than most people think once you've mastered the basics.

Enter Your Options Handbook your complete, A-to-Z guide to understanding, entering, and succeeding in the options market. Options wunderkind Jared Levy patiently walks you through the market from a professional's perspective. He introduces you to the market mechanics and the players, explains how options are priced, and schools you in the essentials of trading psychology.

His simple, plain-English explanations of everything from calls and puts to valuation and spreads significantly shorten the learning curve typically associated with options trading. And his step-by-step presentations, illustrated with helpful real-world examples, make major trading techniques and methodologies as well as the complex mathematics informing them easy to digest, even for the most math-averse reader.

Your Options Handbook provides a framework for developing an approach to options trading tailored to your unique goals and personality. Levy helps you to identify what kind of trader you are, in terms of tolerance for risk, analytical versus intuitive thinking style, long- and short-term goals, budget, and other key factors. Then, in a series of chapters devoted to specific trading strategies, he helps you design an approach suited to your profile.

From the Inside Flap

"With the techniques and strategies contained within these pages, you have everything you need to beat any hedge fund manager." JARED LEVY

Options offer investors a relatively safe, inexpensive way to invest and hedge risk. Despite the rarefied jargon involved such as "backwardation," "pin risk," and "volatility smile" options trading is also much simpler than most people think once you've mastered the basics.

Enter Your Options Handbook your complete, A-to-Z guide to understanding, entering, and succeeding in the options market. Options wunderkind Jared Levy patiently walks you through the market from a professional's perspective. He introduces you to the market mechanics and the players, explains how options are priced, and schools you in the essentials of trading psychology.

His simple, plain-English explanations of everything from calls and puts to valuation and spreads significantly shorten the learning curve typically associated with options trading. And his step-by-step presentations, illustrated with helpful real-world examples, make major trading techniques and methodologies as well as the complex mathematics informing them easy to digest, even for the most math-averse reader.

Your Options Handbook provides a framework for developing an approach to options trading tailored to your unique goals and personality. Levy helps you to identify what kind of trader you are, in terms of tolerance for risk, analytical versus intuitive thinking style, long- and short-term goals, budget, and other key factors. Then, in a series of chapters devoted to specific trading strategies, he helps you design an approach suited to your profile.

Edition details

• Publisher: Wiley
• Publication date: 2011
• Language: English
• ISBN 10: 0470603623
• ISBN 13: 9780470603628
• Binding: Hardcover
• Edition number: 1
• Number of pages: 432