Jabbour / Budwick The Option Trader Handbook

Strategies and Trade Adjustments
2. Auflage 2010
ISBN: 978-0-470-57997-8
Verlag: John Wiley & Sons
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 400 Seiten, E-Book

Reihe: Wiley Trading Series

Strategies, tools, and solutions for minimizing risk andvolatility in option trading
An intermediate level trading book, The Option TraderHandbook, Second Edition provides serious traders withstrategies for managing and adjusting their market positions. ThisSecond Edition features new material on implied volatility;Delta and Theta, and how these measures can be used to make bettertrading decisions. The book presents the art of making tradeadjustments in a logical sequence, starting with long and shortstock positions; moving on to basic put and call positions; andfinally discussing option spreads and combinations.
* Covers different types of underlying positions and discussesall the possible adjustments that can be made to that position
* Offers important insights into more complex option spreads andcombinations
* A timely book for today's volatile markets
Intended for both stock and option traders, this book will helpyou improve your overall trading skills and performance.

Autoren/Hrsg.

Jabbour, George

Budwick, Philip H.

Inhaltsverzeichnis

Preface to the First Edition.
Preface to the Second Edition.
CHAPTER 1 Trade and Risk Management.
Introduction.
The Philosophy of Risk.
Truth About Reward.
Risk Management.
Trade Management.
Trading as a Business.
SCORE--The Formula for Trading Success.
CHAPTER 2 Tools of the Trader.
Introduction.
Option Value.
Option Pricing.
Option Greeks and Risk Management.
Time Decay.
Delta/Gamma.
Implied Volatility.
Synthetic Positions.
Basic Strategies.
Basic Spreads and Combinations.
Advanced Spreads.
The Greeks and Spread Trades.
Valuable Derivative Traders Program.
Introduction to Trade Adjustments.
CHAPTER 3 Long Stock.
Introduction.
Protective Put.
Call Replacement.
Sell Covered Calls.
Collars.
Ratio Write.
Short Straddle/Short Strangle.
Call Ratio Spread.
Call Calendar Spread.
CHAPTER 4 Short Stock.
Introduction.
Protective Call--Insurance.
Put Replacement.
Covered Puts.
Short Collars.
Put Ratio Write.
Put Ratio Spread.
CHAPTER 5 Calls and Puts.
Introduction.
Long Call.
Short Call.
Long Put.
Short Put.
CHAPTER 6 Spreads.
Introduction.
Bull Call Spreads/Bear Put Spreads.
Bear Call Spreads/Bull Put Spreads.
Calendar Spreads.
CHAPTER 7 Combinations.
Introduction.
Long Straddle.
Long Strangle.
Short Straddle/Short Strangle.
Index.

Über Autor(innen)

George M. Jabbour, PhD, is the Director of the Master ofScience in Finance program at The George Washington University, aswell as a professor of derivatives, financial engineering, andinvestments. Dr. Jabbour has published various articles inprofessional financial journals and regularly speaks at conferencesin the United States and abroad regarding option pricing models,financial management, and risk management. He is also a managingdirector of Global Asset Investments, LLC, an asset management andderivatives consulting firm, and CEO of Global Finance AssociatesInc., a financial training, consulting, and research company. Dr.Jabbour regularly conducts seminars in option trading andvaluation, and is a very active equities and derivatives trader.
Philip H. Budwick, MsF, is the Director of the CapitalMarkets Trading Room at The George Washington University School ofBusiness and frequently writes articles on option tradingstrategies and investments. Mr. Budwick is a Managing Director ofGlobal Asset Investments, LLC, an asset management and derivativesconsulting firm, and is an active option and stock trader. He has alaw degree and a master of science in finance and teaches classesin portfolio management.