Options Math for Traders, + Website: How To Pick the Best Option Strategies for Your Market Outlook
| Author | : | |
| Rating | : | 4.63 (878 Votes) |
| Asin | : | 1118164377 |
| Format Type | : | paperback |
| Number of Pages | : | 272 Pages |
| Publish Date | : | 2016-01-16 |
| Language | : | English |
DESCRIPTION:
A practical guide to the math behind options and how that knowledge can improve your trading performanceNo book on options can guarantee success, but if a trader understands and utilizes option math effectively, good things are going to happen. The idea behind Options Math for Traders + Website is to help retail option traders understand some of the basic tenants and enduring relationships of options, and option math, that professional and institutional traders rely on every day. This book skillfully highlights those strategies that are inherently superior from an option math point of view and explains what drives that superiority while also examining why some strategies are inherently inferior.The material is explained without complex equations or technical jargon. The book also has a companion Website, which includes links to those sites that can scan for the best strategies discussed in the book.Explains, in a non-technical manner, the mathematical properties of options so that traders can better select the right options strategy for their market outlookCompanion Website contains timely tools that allow you to continue to learn in a hands-on fashion long after closing the bookWritten by top options expert Scott NationsMost independent traders have an imperfect understanding of the math behind options pricing. The goal is to give you a solid conceptual foundation of options behavior so you can make more informed decisions
"Don't be a player Own the Casino!" according to David O. `Options Math' is really a misnomer, as the book has little to do with math and much to do with strategy. When should you use simple buys and sells of calls and puts? When should you use combinations such as calendar spreads, vertical put spreads and risk reversals? Such trade strategies are well documented but how they work and when, have not been well covered elsewhere. There are numerous strategies such as iron condors etc. but what Scott Nations does is pick the five most useful. He then exp. Evaluate your Best Options with this Book SUMMARY: Concise enough for novices, and beneficial for intermediate traders, coupled with a helpful website, highlighting trades that "get the math working for you". Each chapter concludes with a helpful"Takeaways" section that summarizes key points from the chapter, enabling quick review or future reference. I find myself referring to the latter portion of the book frequently and recommend it highly.DETAILS: I first heard of the author on CNBC's "Options Action", a show that I used to watch pr. JDM said Don't waste your time or money on this. I can't believe I'm even giving this "Don't waste your time or money on this" according to JDM. I can't believe I'm even giving this 2 stars. 2 Stars only because there is some valuable information with respect to certain strategies, selling puts if you are bullish on the underlying and you think the stock is due for a small pullback before resuming an up trend. Why not take in some premium instead of just entering a limit order to buy at the strike price? Anyone who has even thought about options trading would already be aware of this simple strategy. This book didn't do much for me other. stars. "Don't waste your time or money on this" according to JDM. I can't believe I'm even giving this 2 stars. 2 Stars only because there is some valuable information with respect to certain strategies, selling puts if you are bullish on the underlying and you think the stock is due for a small pullback before resuming an up trend. Why not take in some premium instead of just entering a limit order to buy at the strike price? Anyone who has even thought about options trading would already be aware of this simple strategy. This book didn't do much for me other. Stars only because there is some valuable information with respect to certain strategies, selling puts if you are bullish on the underlying and you think the stock is due for a small pullback before resuming an up trend. Why not take in some premium instead of just entering a limit order to buy at the strike price? Anyone who has even thought about options trading would already be aware of this simple strategy. This book didn't do much for me other
—Dax Rodriguez, President, Livevol, Inc.. "Options Math for Traders + Website: How to Pick the Best Option Strategies for Your Market Outlook by Scott Nations is an excellent educational tool for the investor wishing to utilize options in their investment strategies. Options Math for Traders guides you and helps you understand the thought process when evaluating and analyzing risk and reward on an options trade"