Product Description

The growing popularity of selling options is undeniable, yet it remains one of the least understood concepts in the trading world. This clear and engaging guide helps you enter the market with the confidence you need and generate profits with a consistency that may surprise you.

Now in its second edition, The Complete Guide to Option Selling is the only book that explores selling options exclusively. Since its original publication in 2004, much has changed in the world of options, and the authors have provided key updates to help you take advantage of these changes. You’ll find all the information you’ll need to start writing options profitably in equities, stock indexes, and commodities and maximize your returns, minimize your risk, and even manage “black swan” events.

With more than 38 years combined experience in options trading, the authors explain:

• Basic mechanics of how professionals sell time premium
• The misunderstood subject of margins on short options
• Myths about option writing— and why they still circulate
• Key factors to consider when building an optionselling portfolio
• How to control risk—the right way
• Effective, time-tested strategies for selling premium
• Common mistakes beginners make and how to avoid them

Option selling provides a high probability of success that is difficult, if not impossible, toachieve in any other investment. The Complete Guide to Option Selling illustrates how to take full advantage of this unique approach and make it a profitable, high-yield component of your overall portfolio.

Don’t listen to the popular myth that option selling is only for professionals. The secret is out, and individual investors can now run with it. Read The Complete Guide to Option Selling and learn how you can level the playing field with the big guys. It’s a lot easier than you may think.

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Product Details

• Amazon Sales Rank: #37714 in Books
• Published on: 2009-07-22
• Original language: English
• Number of items: 1
• Binding: Hardcover
• 320 pages

Features

• ISBN13: 9780071622370
• Condition: NEW
• Notes: Brand New from Publisher. No Remainder Mark.
• Click here to view our Condition Guide and Shipping Prices

From the Back Cover

Option-writing strategies for high returns in every type of market

Written in a style anyone can understand, The Complete Guide to Option Selling provides the strategies you need to consistently profit in a popular but poorly understood market.

This second edition contains all of the foundational information from the original edition and addresses recent changes in the market with brand-new material, including:

• New chapters on volatility and portfolio building
• Fresh insights into option spread trading in the “new” market environment
• How volatile markets create the ideal conditions for selling premium—and how to profit when everybody else is running for the doors
• New risk-management strategies for the 21st century, including how to manage the proverbial “Black Swan”

Focusing on why, what, where, and how of writing options, The Complete Guide to Option Selling is a peerless guide for seamlessly integrating options into your own investment program.

“Will change the way I look at the topic forever.”
—Gail Osten, SFO magazine

“The Complete Guide to Option Selling is an excellent read.”
—Your Trading Edge magazine

About the Author

James Cordier is president and head portfolio manager of Liberty Trading Group/ OptionSellers.com, where he manages assets for a global client base. Cordier’s firm helps individual investors maximize the use of option selling in their portfolios. He is regularly quoted by national financial media, including The Wall Street Journal, CNN Money, and Barron’s Weekly, and is a regular guest analyst on CNBC, Bloomberg Television, and Fox Business.
Michael Gross is director of research at Liberty Trading Group/OptionSellers.com. A registered broker, he writes articles that appear regularly in Futures magazine, Yahoo! Finance, and Forbes.com.

More information on their firm is available at www.OptionSellers.com.

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Customer Reviews

Not what It claims to be.
The book has some decent content. However, after purchasing I returned the book because it is aimed at the Futures Market. It does not let you in on this little fact until you are reading the book. It claims to be for all markets. It is not. It covers a topic and then tells you what the differences are compared to equities. I have traded both. If you wish to learn more on covered calls on Equities or ETF's this is NOT THE BOOK TO USE.

Simple no nonsense book
This book is THE best on option selling. There is no hype or salesman type of pump up that other option books publish. If you have the numerous TV ads talking about Option Selling, do yourself a favor. Turn off the TV, pick up this book, educate yourself first to find out what REAL OPTION sellers do. Real option investors are paid to take risk and manage it well.


The book covers the basics and then goes further into details. The book focuses on the Futures/Commodities market using options. I'm an equity options investor, but after the compelling evidence of Options on Futures, I might just be making the switch soon.



In conclusion, this book is aimed for those new to intermediate. If you are looking for complex theories of how to use Delta and Gamma, or using exotic spreads or other more advanced techniques......then DO NOT GET THIS BOOK.


This book simply focuses on 1 simple selling technique. If you are advanced option investor, you KNOW which I'm talking about......


Enjoy the book, I know you will. Cheers!

The Complete Guide to Option Selling
I was very disappinted with my purchase. I expected a book to be about buying and selling STOCK options. The book is about COMMODITY otions.