Option Spread Strategies: Trading Up, Down, and Sideways Markets

by Anthony J. Saliba, Joseph C. Corona, Karen E. Johnson

Spread trading--trading complex, multi-leg structures--is the new frontier for the individual options trader. This book covers spread strategies, both of the limited-risk and unlimited-risk varieties, and how and when to use them.
All eight of the multi-leg strategies are here: the covered-write, verticals, collars and reverse-collars, straddles and strangles, butterflies, calendar spreads, ratio spreads, and backspreads. Vocabulary, exercises and quizzes are included throughout the book to reinforce lessons.
Saliba, Corona, and Johnson are the authors of "Option Strategies for Directionless Markets."

288 pages, Paperback

First published January 1, 2008

Reviews

[Ernesto Alcantara · Rating 4 out of 5]

Detailed and in depth option strategies!

This title really digs deep into different option strategies, analyzes when each one is more favorable and when it’s not recommended. Explains in detail how the Greeks start out in the construction of the option strategy and how they change depending on expiration date, volatiliy and other factors.

I really found the academic aspect of exercises and quizes refreshing and useful in this genre.

The author is definitely knowledgeable in options trading and is just giving us a glimpse of how his mind works in different market situations. I would suggest to take advantage of this information, experiment to learn and then make money in the market whether it’s going up, down or sideways.

[Camilo Zuluaga Borda · Rating 5 out of 5]

I liked a lot. Good examples and use cases

[Mark Baker]

how do you read it?