Strategies, tools, and solutions for minimizing risk and volatility in option trading
An intermediate level trading book, The Option Trader Handbook, Second Edition provides serious traders with strategies for managing and adjusting their market positions. This Second Edition features new material on implied volatility; Delta and Theta, and how these measures can be used to make better trading decisions. The book presents the art of making trade adjustments in a logical sequence, starting with long and short stock positions; moving on to basic put and call positions; and finally discussing option spreads and combinations.
Covers different types of underlying positions and discusses all the possible adjustments that can be made to that position Offers important insights into more complex option spreads and combinations A timely book for today's volatile markets Intended for both stock and option traders, this book will help you improve your overall trading skills and performance.
This book is really a handbook for Option Trading. This is Not a book for Blind option selling since most of the strategies contained in the book assumes that the Stock has to be bought first and then the trade adjustments for hedging and speculating.
Detailed analysis of hedging has been provided in different strategies.
This entire review has been hidden because of spoilers.
Excellent reference for the options trader, especially good in providing “trade adjustment strategies” to augment you plays. I will keep this as a handy reference.
If you trade options, one of the things you need to know sooner or later is how to adjust your position. The book contains some good ideas on when & how to adjust various positions and when it's best just to get out. Usable information, not just theory. I have not read the sections about trades that I have not studied in depth yet.