Option Trading by Alan Folley
How would you like to earn passive income from investments in the market irrespective of whether it goes up, down or sideways?There are thousands of traders out there who are living this reality. The thing that make all of this possible is the options contract. This wonderful tool has been around for some time, and its simplicity is. an attractive lure for traders who wish to reduce their overall risk and operate in the markets with greater efficiency.
So why is this not a popular strategy? Why does everyone insist on trying to predict where the market will go and where a stock is going? The fact is that directional trading is far more exciting than options trading. In a directional market, you get to see your trade position zoom up or down, and this will give you a massive psychological high.
The options trader, in contrast, has a far more sedate existence. Such a trader is what is called market neutral or non directional. They don't care which way the market goes and are only concerned with the degree of movement. The options trader, therefore, does not worry about what the market has done or will do and is only concerned with the volatility it is displaying right now. In some cases, you need not even worry about this.
Options trading, on the other hand, gives us a very normal looking bell curve with a massive hump in the middle. Because of the very manner in which options strategies are designed, it is hard to lose money. This doesn't mean you will never lose money, but when executed correctly, options strategies have a high success rate.
With this book, my aim is twofold. First, I want to educate you on how options work and the nuts of bolts of them, so to speak. Second, I want to give you profitable strategies that are market neutral. This requires you to change the way you regularly think about markets and to achieve this, you need to learn some basics.
Lastly, advanced options strategies tend to be very math-heavy. I'm talking about math that doesn't have numbers in it, so you know it's serious math. However, beginner strategies, as outlined in this book, do not require such knowledge, so don't worry about your lack of math skills. All you need to understand the material in this book is the stuff you learned by your freshman year in high school.
So having said all that, let's dive into the world of options trading and see what it's all about This book gives a comprehensive guide on the following- What Is An Option?
- What Is Swing Trading?
- Why is Options Trading Worth the Risk?
- How to Get Started in Options Trading
- Learning the Lingo
- Strike Price
- Covered Calls
- Strategy for Selling Covered Calls
- Call Spreads
- Buying Calls
- Trading Varying Time Frames
- Volatility in the Markets
- The Best Strategies to Make Money
- Top Trader Mistakes to Avoid in Options Trading
- Risk Management.........AND MORE
| SKU | Unavailable |
| ISBN 13 | 9781803014005 |
| ISBN 10 | 1803014008 |
| Title | Option Trading |
| Author | Alan Folley |
| Condition | Unavailable |
| Binding Type | Hardback |
| Publisher | Crazy Colours Ltd |
| Year published | 2021-05-26 |
| Number of pages | 148 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |