Getting started in advanced options

An illustrated, easy-to-read guide to advanced options trading In Getting Started in Advanced Options, Illustrated Edition, bestselling author Michael C. Thomsett uses nontechnical, easy-to-follow language to demystify the options markets, distinguishing the imagined risks from the real ones and arming investors with the facts they need to make more informed decisions. This illustrated edition includes colourful illustrations, including charts and graphs that make complex subject matter easy to understand. Fully updated to cover the latest changes in the markets, the book intro.

Includes index.

Getting Started in Advanced Options; Contents; Acknowledgments; Element Key; Introduction; CHAPTER 1 Strategies in Volatile Markets: Uncertainty as an Advantage; Avoiding 10 Common Mistakes; Modifying Your Risk Tolerance; The Nature of Market Volatility; Market Volatility Risk; Options in the Volatile Environment; CHAPTER 2 Combinations and Spreads: Creative Risk Management; Overview of Advanced Strategies; The Spread; The Hedge; The Straddle; The Strangle; Vertical Spread Strategies; Bull Spreads; Bear Spreads; Box Spreads; Debit and Credit Spreads; Horizontal and Diagonal Spread Strategies

Altering Spread PatternsVarying the Number of Options; Expanding the Ratio; Strategies with a Middle Range; CHAPTER 3 Hedges and Straddles: More Creativity; The Two Types of Hedges; Hedging beyond Coverage; Hedging Option Positions; Partial Coverage Strategies; Straddle Strategies; Middle Loss Zones; Middle Profit Zones; Theory and Practice of Combined Techniques; CHAPTER 4 Options for Specialized Trading: Leveraging the Technical Approach; Swing-Trading Basics; The Setup Signal; Testing the Theory; A Strategic View of Options for Swing Trading; Options Used for Other Trading Strategies

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