Synopses & Reviews
Learn Options Strategies to help you hedge your investment risks...and increase profits on the trades you make. All About Options is the trading world's clearest no-nonsense explanation of the pros, cons, risks, and rewards of using options. It shows you how to view the market clearly and without bias.
Immediately, you'll spot profit opportunities and improve your chances of capturing those opportunities--one step ahead of the crowd. This edition of the options trader's bible is packed with in-depth coverage of the basics of options and options trading, including the latest changes in the marketplace and trading technology. Traders looking to get into the game cut right to the heart of options trading theory and practice with in-depth explanations on: typos of options, and how to use each for hedging risk, taking profit, or a combination of the two; proven strategies to develop a profitable and practical plan of attack; how the personal computer has completely changed the rules--and strategies to take advantage of the changes.
Exchange-traded options can be one of the most efficient uses of capital in the trading arena today--but they can be risky to traders unfamiliar with them! Discover how to use them with skill and precision--and how to dramatically increase your percentage of profitable trade with McCafferty's All About Options.
To minimize risk and greatly increase return, lightning-fast options trading instincts are critical. All About Options, Second Edition is the ideal first step to developing these instincts. With its in-depth coverage of the basics of options and option trading, this new edition is perfect for beginners as well as traders going to the next level.
- Facts and figures updated from the first edition, with more on stock options
- Up-to-the-minute material on changes in the marketplace and technology
- In-depth explanations of options trading strategies from basic to complex
- Knowledgeable options trading is a key element of any effective strategy
All About Options is the clearest, easiest-to-follow guidebook today on the pros, cons, risks, and rewards of using options.
About the Author
Thomas McCafferty has been a registered securities and options principal and involved in the futures business since 1973. He has been marketing manager at Evergreen Group, Inc., as well as a branch office manager and a futures and security broker for Securities Corporation of Iowa. McCafferty is an accomplished author, whose books include All About Futures, All About Commodities, Winning with Managed Futures, and In-House Telemarketing: A Master Plan for Starting and Managing a Profitable Telemarketing Program.
Table of Contents
Understanding the Basics, Particularly the Value and Risks Associated with Stock Options and Options-on-Futures.
Learning the Basic Option Trading Strategies (and Uses) to Solidify Objectives.
A Few More Uses for Options.
Forecasting Stock and Futures Price Trends.
Option Price Models and Volatility--The Most Important
Consideration for Serious Option Traders.
Developing Trading and Money Management Plans.
What You Need to Do to Implement Your Trading Plan.
What a Difference the Computer Chip Has Made.
Selecting the Broker That's Right for You.
Knowing a Little About Federal Regulations Can Sometimes Smooth Rough Waters.
The Single Biggest Mistake New Traders Make--Plus a Few Other Common Ones! (And, of Course, How to Avoid Them). Getting Started, or the Secrets of Successful Options