英文原版How to Price and Trade Options (作者)Al Sherbin

股票学习站

	【资料名称】:How to Price and Trade Options     【资料描述】: How to Price and Trade Options: Identify, Analyze, and Execute the Best Trade Probabilities, + Website(epub) 　　基本信息 　　出版社: Wiley; 1 (2015年3月23日) 　　丛书名: Bloomberg Financial 　　平装: 224页 　　语种： 英语 　　商品尺寸: 15.5 x 1.7 x 22.9 cm 　　商品重量: 308 g 　　商品描述 　　作者简介 　　AL SHERBIN has been a professional options trader for over 26 years without a single losing year and is the Managing Member of Al on Options, LLC. 　　目录 　　Introduction xi 　　CHAPTER 1 Why Trade Options? 1 　　Strategic without Being Directional 2 　　A Word about Leverage 2 　　Options Are a Decaying Asset 5 　　Insurer or Insured? 6 　　Probability of Making Money 6 　　Market Efficiency 7 　　Tired, Worn???]Out Metaphors 9 　　CHAPTER 2 What to Look for in a Broker 11Brokerages versus Banks 11 　　Depth of a Broker’s Pockets 12 　　Trading Risk Management 13 　　Learning from Recent Events 14 　　Account Types 14 　　Commissions 16 　　Interest Rates 18 　　Stock Borrow and Loan 19 　　Trading Platforms 22 　　Conclusion 24 　　CHAPTER 3 Building the Foundation 25 　　Option Pricing Models 26 　　Option Pricing Model Inputs 27 　　Historical Data as Input into the Implied Volatility of an Underlying 29Implied Volatility as a Predictor of Stock Movement and Probabilities 30The Distribution Curve 31 　　Breakout Stocks 45 　　Actual versus Historical Distribution Curves 50CHAPTER 4 Trade Probabilities: What to Look For 55The Results 59 　　How to Calculate Option Probabilities 63 　　CHAPTER 5 Choosing Your Trades 67 　　Choosing Your Underlying 67 　　Making an Assumption 78 　　CHAPTER 6 Choosing a Strategy 83 　　Defined Risk Trades 85 　　Credit Spreads 85 　　Debit Spreads 88 　　Butterfly 89 　　Iron Condor 91 　　Calendar Spreads 92 　　Undefined Risk Trades 96 　　The Straddle 97 　　The Strangle 97 　　Short Naked Puts 98 　　Ratio Spreads and Back Spreads 100 　　What Time to Expiration Should My Trades Have? 103Trading Earnings Announcements 105 　　CHAPTER 7 Exiting Trades 123 　　The Variables 123 　　The Kelly Criterion 125 　　Morning Routine 130 　　To Log Your Trades or Not to Log Your Trades 135CHAPTER 8 Executing Your Trades 141 　　Order Types 142 　　CHAPTER 9 Portfolio Management 153 　　Two Types of Risk 154 　　The Goal: Diversification—Minimizing Unique Risk 155The Methods: Correlation and Number of Positions 156Identifying and Mitigating Systematic Risk 163Trade Sizing 180 　　Early Exercise 183 　　Conclusion 189 　　About the Website 191 　　About the Author 193 　　Index 195 　　Select and execute the best trades—and reduce riskRather than teaching options from a financial perspective, How to Price and Trade Options: Identify, Analyze, and Execute the Best Trade Probabilities goes back to the Nobel Prize-winning Black-Scholes model. Written by well-known options expert Al Sherbin, it looks at the basis for probability theory in option trading and explains how to put the odds in your favor when trading options. Inside, you'll discover how anyone can "operate their own casino" if they know how through proper option strategies. Plus, a supplemental website includes videos that walk you through various probability scenarios, pre-formatted spreadsheets, and code. 　　All investors should have a portion of their portfolio set aside for option trades. Not only do options provide great opportunities for leveraged plays, they can also help you earn larger profits with a smaller amount of cash outlay. With the help of this book, traders, active investors, and self-directed investors of all stripes will learn how simple it can be to deploy probability-based trading strategies. 　　Teaches both defined and undefined risk strategiesUtilizes simple cost basis reduction strategies to enhance investment returnsDraws on unique research studies 　　Discusses volatility to include both historical (realized) and implied volatility: the interplay between the two is a key piece of information overlooked by option tradersIf you're a trader of any level and want to make the best trades possible, this book has you covered. 【下载地址隐藏】：                    点：回复可见地址 游客，如果您要查看本帖隐藏内容请回复