Options for the Beginner and Beyond: Unlock the Opportunities and Minimize the Risks
Author | : | |
Rating | : | 4.19 (819 Votes) |
Asin | : | 0131721283 |
Format Type | : | paperback |
Number of Pages | : | 256 Pages |
Publish Date | : | 2017-04-08 |
Language | : | English |
DESCRIPTION:
Olmstead is Professor of Applied Mathematics in the McCormick School of Engineering and Applied Sciences at Northwestern University. He has consulted on short-term trading strategies with a member company of the Chicago Mercantile Exchange. Dr. Dr. Olmstead has received several awards including an endowed chair for teaching exc
W. 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. Edward Olmstead, contributing editor to The Spear Report and editor of The Options Professor newsletter.. Brief, carefully paced lessons on options and trading strategies using verbal definitions and many trading examples for clarification
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. 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. Most importantly, Olmstead teaches how to “think like an option trader,” providing the market acumen necessary to maximize profit.Sure to be appreciate
okiedo said Great book, practical pointers and easy read. Ok, I haven't read "hundreds" of Options books and I am not a sophisticated trader, however I have been trading options for over 10 years, probably 15 years by now. I do it on a small scale like many of the people who will read this book. I have attended two expensive "Options Seminars" and a couple of freebies. I was very reluctant to read Professor Olmstead's book since he is a math . Not for beginners MarkB I am a beginner with stock options, having never traded one.I am a very motivated learner however.For example, I have read about one-half of Wolfinger's "Rookie's Guide To Options", reaching Chapter 13.With that book, I got hung up on requiring a filled-in table.In my opinion this book was written for at least advanced beginners.I think Olmstead assumes the reader has some familiarity . I think this is best book on OPTIONS I do not realy review Items i Buy on Amazon Unless it is too Good or Too Bad, this way i think i am helping others who would like to read reviews before buying.this book deserves its weight gold, it is short and very straight to the point of application.no nonsense or spam in it, but very practical.every strategy is explained well and when to be used and followed by an example.I think