Options for the Beginner and
Beyond: Unlock the Opportunities and Minimize the Risks
(Financial Times (Prentice Hall)) (Hardcover)
by W. Edward Olmstead
Review
Trader, professor and editor of a
successful options newsletter Olmstead consolidates his vast
knowledge and experience into this accessible guide to
options.
Appropriate for both beginners and more seasoned investors,
this book covers everything from the basics of call and put
options to advanced topics like delta-neutral trading and the
Black-Scholes formula. Because buying options is cheaper and
less risky than buying stocks, these time-limited investments
are a great way to increase profits. Olmstead is a natural
teacher, employing a concise, no-nonsense and
easy-to-understand style. Readers will learn why “time is
money,” how to use vertical spreads, how options can cut your
tax bill and how to make profits even when you can't predict
the market direction. Most importantly, Olmstead teaches how to
“think like an option trader,” providing the market acumen
necessary to maximize profit.
Sure to be appreciated by options traders of all levels.
--Kirkus Reviews, Vol. 3, Issue 3 (March
31, 2006)
Product Description
Brief, carefully paced lessons on options and trading
strategies using verbal definitions and many trading examples
for clarification. Each lesson builds on the one preceding it
and explains options in plain English, from start to finish.
Step-by-step coverage of controlling risk, protecting your
investments -- even advanced strategies other introductory
books ignore! Authored by Dr. W. Edward Olmstead, contributing
editor to The Spear Report and editor of The Options Professor
newsletter.
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