Profit with Options: Essential Methods for Investing Success is a powerful guide that allows every investor to learn about options by benefiting from the wealth of knowledge and years of experience of a true options expert. Renowned options authority and "Trader's Hall of Fame" award-winner Lawrence McMillan complements his prior books with this thorough guidebook. No matter what your background, regardless of your experience level, this hands-on manual takes readers on a "course" through the complete options trading process and provides end-of-chapter questions that will help you reinforce tactics and refine options trading skills–preparing you to apply them with savvy and strength before you are out in the real trading arena.
Profit with Options takes you from a basic clarification of terminology to straightforward explanations of complete trading methodologies, for both the beginner and the veteran trader, with chapters on direct and contrary indicators, protecting a stock portfolio, and trading volatility. Through hard-won knowledge gleaned from years of options trading experience, McMillan provides you with in-depth coverage of trading systems, factors that affect markets and market behaviors, and general portfolio-protecting strategies, while uncovering the practices of successful options strategies. Focused on actual ways to generate profits from options trading, this accessible guide will show you how to:
Profit with Options will challenge you every step of the way, and the valuable "Q&A" section at the end of each chapter offers you the rare chance to test your options knowledge before going into real-world trading situations–where time and money are something you cannot afford to lose.
In clear, easy-to-follow terms, Profit with Options arms you with the facts you need to understand options–stock, index, and futures options–as well as the tools you need to implement profitable options trading strategies. Whether you're looking for new investment sources in a bear market or seeking hedge protection in a bull, Profit with Options is a lively, one-stop reference and vital tool that can help you achieve your investment goals.
Hardcover: 276 pages
Publisher: John Wiley & Sons
"McMillan is the top name in options education, bar none."
Paul Stevens - President, The Options Industry Council