Option Strategies for Directionless Markets: Trading with Butterflies, Iron Butterflies, and Condors (Paperback)

by Anthony J Saliba

Review
"Even if this weren't the only book in existence discussing in detail the purpose and structure of butterflies, condors, and their iron variations, it would likely remain the best. Explanations are clear and concise, and while this isn't a book for complete options novices, one needn't have any prior experience with the strategies discussed. Along with the classic Natenberg book, we consider Option Strategies for Directionless Markets required reading." -- SeekingAlpha.com

"I recommend this book if you trade options for income - its the most complete work on butterflies, and thier variants, including condors, that I've read. Not enough information to start buying butterflies immediately (for example, there's no entry or exit criteria, etc) but alot of background info that will enable you to understand why different strategies work, or to fine tune your own." -- OptionsRopeaDope.com

"Option Strategies for Directionless Markets offers a practical approach to trading butterfly strategies. I found it very comprehensive. The what-if scenarios were especially helpful." -- Matt Brown, sales trader, Piper Jaffray

"Change is constant--new and improved technology every day and market change continual. To keep up and gain an edge, the trading strategies and how-to approach detailed in Tony Saliba's Option Strategies for Directionless Markets can take you to the next level of options professionalism." -- Ken Heath, publisher, Traders Magazine

"With detailed and insightful discussions on strategy application and position management, this book offers a tactical approach--something I have not found in other books." -- Göran Ekman, head of sales financial training, OMX

To keep up and gain an edge, the trading strategies and how-to approach detailed in Tony Saliba's Option Strategies for Directionless Markets can take you to the next level of options professionalism. --Ken Heath, Publisher, Traders Magazine

With detailed and insightful discussions on strategy application and position management, this book offers a tactical approach--something I have not found in other books. --Goran Ekman, Head of Sales Financial Training, OMX

Review