30 lines
2.0 KiB
Plaintext
30 lines
2.0 KiB
Plaintext
This Second Edition of Trading
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Option Greeks
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This book addresses the complex price behavior of options by discussing
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option greeks from both a theoretical and a practical standpoint. There is
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some tactical discussion throughout, although the objective of this book is
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to provide education to the reader. This book is meant to be less a how-to
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manual than a how-come tutorial.
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This informative guide will give the retail trader a look inside the mind of
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a professional trader. It will help the professional trader better understand
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the essential concepts of his craft. Even the novice trader will be able to
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apply these concepts to basic options strategies. Comprehensive knowledge
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of the greeks can help traders to avoid common pitfalls and increase profit
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potential.
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Much of this book is broken down into a discussion of individual
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strategies. Although the nuances of each specific strategy are not relevant,
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presenting the material this way allows for a discussion of very specific
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situations in which greeks come into play. Many of the concepts discussed
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in a section on one option strategy can be applied to other option strategies.
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As in the first edition of Trading Option Greeks , Chapter 1 discusses
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basic option concepts and definitions. It was written to be a review of the
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basics for the intermediate to advanced trader. For newcomers, it’s essential
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to understand these concepts before moving forward.
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A detailed explanation of option greeks begins in Chapter 2. Be sure to
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leave a bookmark in this chapter, as you will flip to it several times while
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reading the rest of the book and while studying the market thereafter.
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Chapter 3 introduces volatility. The same bookmark advice can be applied
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here, as well. Chapters 4 and 5 explore the minds of option traders. What
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are the risks they look out for? What are the opportunities they seek? These
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chapters also discuss direction-neutral and direction-indifferent trading. The
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remaining chapters take the reader from concept to application, discussing |