Renowned options expert David Caplan shows investors how to analyze probabilities and create options positions that place the odds squarely in their favor. A savvy, streetwise book, The New Options Advantage eschews theory in favor of providing readers with strategies that really work. Completely updated, this edition contains an expanded discussion of volatility, on of the most important factors in options trading. Packed full of insights derived from years of successful trading. The New Options Advantage will appeal to a wide spectrum of traders. Specific topics The ``trading edge'' philosophy; Understanding and using option volatility; Identifying and exploiting undervalued and overvalued options; Strategies for different market outlooks; Using a computer to trade options.
Good book with some innovative ideas. Recommends a few strategies to concentrate upon. The problem is that these are mainly strategies with unlimited loss potential so you really need to know what you are doing and really only trade the markets he mentions for the most part. You could get killed in stocks with some of these if the stock halves overnight.
Also, a mystery as to what happened to this author. A search online reveals that he seems to have vanished without a trace. If he was doing so well two decades ago, where is he?