Synopsis
Learn why stock options - a versatile investment tool that has seen explosive growth over the past few years - belong in your portfolio. If you're already trading options, this book is also for you. You will gain a thorough understanding of option pricing, function and equivalents, which will help you trade more effectively. Adopt more advanced option strategies, like iron condors and double diagonals, to help protect your nest egg and earn healthy returns. Includes chapter quizzes and accompanying CD-ROM.
About the Author
Mark D. Wolfinger has been in the options business since 1977, when he began his career as a floor trader at the Chicago Board Options Exchange (CBOE). Over the next 23 years, he worked primarily as a market maker, but also held a variety of positions in the industry, including risk manager, off-floor trader and coach for new traders.Wolfinger is still an active options trader who finds it more fun and less stressful to trade from his home computer than to trade in person on the exchange floor. After leaving the CBOT, he began educating investors on how to use options profitably and safely. He gives trading seminars as well as provides individual mentoring via telephone or email. Over the past seven years, he has published three books and written more than twenty articles. Born and raised in Brooklyn, Wolfinger currently lives in Evanston, IL, with his life partner, Penny. He holds a BS from Brooklyn College and a PhD in chemistry from Northwestern University. Prior to his trading career, Wolfinger was a research chemist for Monsanto Company.
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