Description
Book SynopsisLearn to maximize your trading power with...
OPTION Strategies
Find out how options really work with this complete introduction tooptions valuation and trading. In this revised and expandededition, top options expert Courtney Smith details the ins and outsof this lucrative, yet complex, financial instrument. From theworking fundamentals to the most innovative pricing models, OptionStrategies gives you the information you need to make a wise andsuccessful investment. Whether you want to bull up or bear down,buy puts or sell calls, here''s where you''ll find:
* Descriptions of option basics: carrying charges, transactioncosts, underlying instruments, and premiums
* Details on advanced strategies: bull, bear, and calendar spreads;straddles and strangles; synthetic longs and shorts
* Decision Structures that enable you to select an appropriateoptions strategy and evaluate its risks and rewards in variousmarket environments
Written in clear, nontechnic
Table of ContentsWHY AND HOW OPTION PRICES MOVE.
The Fundamentals of Options.
The Basics of Option Price Movements.
Advanced Option Price Movements.
Volatility.
OPTION STRATEGIES.
Selecting a Strategy.
Buy a Call.
Buy a Put.
Naked Call Writing.
Covered Call Writing.
Ratio Covered Call Writing.
Naked Put Writing.
Covered Put Writing.
Ratio Covered Put Writing.
Bull Spreads.
Bear Spreads.
Butterfly Spreads.
Calendar Spreads.
Ratio Spreads.
Ratio Calendar Spreads.
Straddles and Strangles.
Synthetic Calls and Puts.
Synthetic Longs and Shorts.
Index.
About the Author.
For More Information.