Average Reviews:
(More customer reviews)This book does a good job in laying out the facts about all of the various spreads available. However, I found it low on insight and strategy. There are simply better books out there.
I would expect someone who was going to write a book on options (an expert) to offer more insight and strategy. The title of the book seems to indicate that this is what the book provides, but I am finding it useful as only a reference guide. How the aspects of each type of spread is disseminated through the individual chapters was also a bit irritating, in that it seemed repetitive and divided into sections that gave partial information without a complete correlation of ideas.
This book is written in a style that most intermediate to advanced traders will understand, and probably beginners want to avoid. But at the same time, those with a better understanding need a more insightful author, such as Lawrence McMillan's Options as a Strategic Investment. Also a good book which summarizes most all of the option strategies is Guy Cohen's Bible of Option Strategies, which is a similar book to this but in a better format. I am not saying to not buy this book, because I find you have to have several books on options trading and cross reference the information in each one. Add this book to your collection, and use it as a reference guide.
Click Here to see more reviews about: The Trader's Guide to Equity Spreads: Increase Returns and Lower Risk with Option Strategies
Minimize risk and maximize your return with option spreads
Option spread trading is by far the most varied and versatile strategy for income generation, hedging, and speculation. To achieve longevity in the trading arena, you must understand how these spreads work and the ways to leverage them for a consistent flow of positive returns.
The Trader's Guide to Equity Spreads provides the essential info you need to set up and manage option spreads. Trading expert Randy Frederick examines each spread strategy in detail. He provides real-world examples that can be applied to all option markets--equity, futures, stock index, and interest rate--to demonstrate effective ways to control risk and increase your profits.
Frederick begins by explaining how the price of an option is calculated and how it relates to the underlying stock, exchange-traded fund, or index. He then introduces you to the spreads--from Vertical and Horizontal to Butterfly, Box, and Gut spreads--and helps you identify potential candidates for each strategy. Frederick reveals:
Where to start if you've never traded spreads before
The key characteristics of each spread (direction, magnitude, velocity, and volatility)
How to find the best option spread opportunities
The basics of spread logic, with clarification of long vs. short spreads
Potential advantages and disadvantages of the different spread strategies
Illustrations, charts, and tables throughout help you identify the profit/loss zones for each spread strategy. In addition, explanations and calculations highlight possible outcomes at various prices both prior to and at option expiration.
Whether you're new to options or you're ready to take on more advanced spread strategies, The Trader's Guide to Equity Spreads is the only guide you need to make options a permanent, profitable part of your investment portfolio.
0 comments:
Post a Comment