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Equity and index options expire on the third Friday of each month. As that moment approaches, unusual market forces create option price distortions, rarely understood by most investors. These distortions give rise to outstanding trading opportunities with enormous profit potential. In Trading Options at Expiration, leading options trader Jeff Augen explores this extraordinary opportunity with never-before published statistical models, minute-by-minute pricing analysis, and optimized trading strategies that regularly deliver returns of 40%-300% per trade.
You’ll learn how to structure positions that profit from end-of-contract price distortions with remarkably low risk. These strategies don’t rely on your ability to pick stocks or predict market direction and they only require one or two days of market exposure per month.
If you’re looking for an innovative new way to reignite your returns no matter where the markets move, you’ve found it in Trading Options at Expiration.
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Why traditional option pricing calculations always break down in the final days before expiration
Three powerful end-of-cycle effects not comprehended by contemporary pricing models
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Reducing your risk by reducing your market exposure
Trading only one or two days each month and avoiding overnight exposure
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Structuring trades that reflect true expiration-day behavior
Leveraging the surprising power of expiration-day pricing dynamics