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Show Me Your Options! The Guide to Complete Confidence for Every Stock and Options Trader Seeking Consistent, Predictable Returns
We wrote this book to give stock traders a stock option book that was neither so simple that it insulted their intelligence but at the same time not so complicated that it was beyond comprehension. We also wanted to make it a fun read as opposed to feeling like a boring college lecture. We believe we have accomplished these missions.
Contents
Introduction
Chapter 1 Options are not assets, they are bets.
Chapter 2 Every option contract has a buyer and a seller; one is long, one is short, but which one has the best odds of winning?
Chapter 3 Strong trends are the friend of an option buyer and the enemy of an option seller.
Chapter 4 Time is an option seller’s friend, but the option buyer’s enemy. (theta)
Chapter 5 volatility is the option buyer’s friend but the option seller’s enemy. (vega)
Chapter 6 How much of the move do you get for the money? (delta)
Chapter 7 Stocks for rent: covered calls
Chapter 8 Selling lottery tickets: naked options
Chapter 9 Buying lottery tickets: deep out-of-the-money options
Chapter 10 Trends determine who wins: strangles and straddles
Chapter 11 The twins: every position has a synthetic relative
Chapter 12 Spreads: ratio, calendar, diagonal
Chapter 13 The wind beneath the pro’s wings: butterflies and condors
Chapter 14 Dealing with the behavioral problems of immature options
Chapter 15 A trader’s choices: insurance, stop losses, or ruin
Chapter 16 Your method, your rules, your edge
Appendix A: Relative time value of options based on the time to expiration of the contract
Appendix B: Odds and expected payout of selected option strategies
Appendix C: The relationship between option premiums, deltas, standard deviations, and profit probabilities
Appendix D: Time progression payout potential
Appendix E: Expanded table of synthetic positions
Contents
Introduction
Chapter 1 Options are not assets, they are bets.
Chapter 2 Every option contract has a buyer and a seller; one is long, one is short, but which one has the best odds of winning?
Chapter 3 Strong trends are the friend of an option buyer and the enemy of an option seller.
Chapter 4 Time is an option seller’s friend, but the option buyer’s enemy. (theta)
Chapter 5 volatility is the option buyer’s friend but the option seller’s enemy. (vega)
Chapter 6 How much of the move do you get for the money? (delta)
Chapter 7 Stocks for rent: covered calls
Chapter 8 Selling lottery tickets: naked options
Chapter 9 Buying lottery tickets: deep out-of-the-money options
Chapter 10 Trends determine who wins: strangles and straddles
Chapter 11 The twins: every position has a synthetic relative
Chapter 12 Spreads: ratio, calendar, diagonal
Chapter 13 The wind beneath the pro’s wings: butterflies and condors
Chapter 14 Dealing with the behavioral problems of immature options
Chapter 15 A trader’s choices: insurance, stop losses, or ruin
Chapter 16 Your method, your rules, your edge
Appendix A: Relative time value of options based on the time to expiration of the contract
Appendix B: Odds and expected payout of selected option strategies
Appendix C: The relationship between option premiums, deltas, standard deviations, and profit probabilities
Appendix D: Time progression payout potential
Appendix E: Expanded table of synthetic positions
268 pages, Kindle Edition
First published March 11, 2012
5 people are currently reading
86 people want to read
About the author
Steve Burns
80 books88 followersSteve Burns has been investing in the stock market successfully for over 20 years and has been an active trader for over 14 years. He is the author of six books and ranks near the top 500 of all reviewers on Amazon.com. He has been featured as a top Darvas System trader and interviewed for the Wall Street Journal blog, Traders Magazine, and Michael Covel. He has also been a contributor to Traders Planet, ZenTrader.ca, and SeeitMarket.com. He lives in Nashville, TN with his three children, Janna, Kelli, and Stephen III. He trades his own personal accounts.
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Displaying 1 of 1 review
February 6, 2019
A good book that will get you interested in options trading and demystify the greeks. A person with prior experience in trading options will definitely get more bang for the buck. It is not written in a traditional "how to" format, instead portrays a stock trader seeking advise from others in a chat room. The writers have done a good job in using the dialog format, which is a refreshing change in this genre and establishes an immediate connect with the readers. The writing was too cute and cheesy at times, but tolerable.
Displaying 1 of 1 review