Option Strategies:
Profit-making Techniques for Stock,
Stock Index and Commodity Options
First Edition

Description:

Learn to maximize your trading power with... Option Strategies

Find out how options really work with this complete introduction to options valuation and trading. In this revised and expanded edition, top options expert Courtney Smith details the ins and outs of this lucrative, yet complex, financial instrument. From the working fundamentals to the most innovative pricing models, Option Strategies gives you the information you need to make a wise and successful investment. Whether you want to bull up or bear down, buy puts or sell calls, here's what you'll find:

- Descriptions of option basics: carrying charges, transaction costs, underlying instruments, and premiums

- Details on advanced strategies: bull, bear, and calendar spreads; straddles and strangles; synthetics longs and shorts

- 'Decision Structures' that enable you to select an appropriate options strategy and evaluate its risks and rewards in various market environments

Written in clear, nontechnical language, this comprehensive guide makes the complex world of options easier to grasp. For traders and hedgers - both novice and professional - this is the only book to have for getting to the bottom of options, and staying on top of the latest strategies.

Contents:

Introduction

PART 1
1. Why and How Option Prices Move
2. The Fundamentals of Options
3. The Basics of Option Price Movements
4. Advanced Option Price Movements
5. Volatility

PART 2: Option Strategies
6. Selecting a Strategy
7. Buy a Call
8. Buy a Put
9. Naked Call Writing
10. Covered Call Writing
11. Ratio Covered Call Writing
12. Naked Put Writing
13. Covered Put Writing
14. Ratio Covered Put Writing
15. Bull Spreads
16. Bear Spreads
17. Butterfly Spreads
18. Calender Spreads
19. Ratio Spreads
20. Ratio Calender Spreads
21. Straddles and Strangles
22. Synthetic Calls and Puts
23. Synthetic Longs and Shorts

Index