Trading Options: Using Technical Analysis to Design Winning Trades - Hardcover

Harmon, Greg

Hardcover

ISBN 10: 111867913X ISBN 13: 9781118679135

Publisher: Wiley, 2014

Synopsis

A thorough guide to technical analysis methods applied for success in the options market

Though still not widely practiced or accepted in the options market, technical analysis is becoming increasingly common. As the practice spreads, traders are discovering how useful technical analysis is for determining clear entry and exit signals. Trading Options: Using Technical Analysis to Design Winning Trades takes the standard technical analysis approach and applies it to the options market. Author Greg Harmon combines technical analysis with a deep understanding of the options market to explain how to design technically created trades that lead to outsized gains with low costs of entry and managed risk. The book covers trend determination, security identification and selection, tools and trade design, and executing, hedging, and adjusting trades.

• Ideal for individual investors and options traders
• Identifies and applies mainstream technical analysis methods to the volatile options market
• Perfect for stock traders that wish to delve in to technical analysis and options
• Written by the founder of Dragonfly Capital Management, which provides daily technical analysis of securities markets and trade ideas, and CIO of Presidium Capital Management which provides money management for clients

About this title

From the Back Cover

TRADING OPTIONS

The key to success is being prepared and working hard, says author Greg Harmon. Part of this preparation is using proven tools to make important decisions about your money and your future. In Trading Options: Using Technical Analysis to Design Winning Trades, the founder of Dragonfly Capital Management, LLC shares his unique process for trading stocks and options using technical analysis. Although not yet a widely accepted methodology, technical analysis is quickly becoming a popular mainstream technique for trading in a volatile market.

Harmon presents a series of four building blocks that move you from broad investment ideas to more specific trading strategies using technical tools. His techniques are based on traditional methods such as manual chart examination (as opposed to relying on scanning tools), which he then adapts for a modern era. The book is written to be both a learning tool and a reference guide about smart trading for stocks and options, presented in plain English, to help anyone be more prepared to find success with their investments.

Beginning with how to identify market trends and causes of change, Harmon dives deep into market influencers and inter-market relationships. He includes a discussion of the S&P 500, emerging markets, the US Treasury, and market indicators. Identifying trends, Harmon says, will allow you to predict which way 70% of the market will move over time. It is a simple concept that forms the basis of deeper trend analysis opportunities discussed in the latter part of the book, and can move you beyond the major Index ETFs and ahead of the majority of investors.

The advanced strategies within are presented in an easy-to-digest manner, with straightforward discussions and clear price chart examples that don't require an advanced degree in Mathematics or Engineering. It is a book designed to be useful to everyone, even those who only have a 401k. The basis of technical analysis is not a hard and fast set of rules, but rather a historical look at prices and at what could be in the future. Trading Options is your authoritative resource on using technical analysis to profit when trading indexes, sectors, stocks, or options.

About the Author

GREG HARMON, CMT, CFA founded Dragonfly Capital Management, LLC to provide daily technical analysis of securities markets and consulting services to the marketplace. He is also a Founding Partner and CIO of Presidium Capital Management, an asset management firm investing for clients in separate accounts. Prior to that, he spent time trading in the Securities markets beginning in 1986. He has held senior positions including Head of Global Trading, Head of Product Development, Head of Strategy, and Director of Equity and Portfolio Swaps Trading at Chase Manhattan, State Street Corporation, and BNP Paribas. Greg earned an MBA in Finance from NYU Stern School of Business, and a BS in Mechanical Engineering from Cornell University.

Edition details

• Publisher: Wiley
• Publication date: 2014
• ISBN 10: 111867913X
• ISBN 13: 9781118679135
• Binding: Hardcover
• Language: English
• Edition number: 1
• Number of pages: 240