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Home > Business & Economics > Investments & Securities > Get Rich with Options: Four Winning Strategies Straight from the Exchange Floor (Agora Series #13)
Get Rich with Options: Four Winning Strategies Straight from the Exchange Floor (Agora Series #13)
by Lowell, Lee
 
 
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Get Rich with Options: Four Winning Strategies Straight from the Exchange Floor (Agora Series #13)

A detailed guide to successfully trading stock and commodity options

After numerous years as an options market-maker in the trenches of the New York Mercantile Exchange, few analysts know how to make money trading options like author Lee Lowell. Now, in the Second Edition of Get Rich with Options, Lowell returns to show you exactly what works and what doesn't.

Filled with in-depth insight and expert advice, this reliable resource provides you with the knowledge and strategies needed to achieve optimal results within the options market. It quickly covers the basics before moving on to the four options trading strategies that have helped Lowell profit in this arena time and again: buying deep-in-the-money call options, selling naked put options, selling option credit spreads, and selling covered calls.

  • Breaks down four of the best options trading strategies currently available
  • Explains how to set up a home-based business with the best options trading software, tools, and Web sites
  • Contains detailed discussions of how options can be used as a hedging or speculating instrument

With this book as your guide, you'll quickly see options in a whole new light and learn how to become part of a small group of investors who consistently win.

Title of ebook: Get Rich with Options: Four Winning Strategies Straight from the Exchange Floor (Agora Series #13)
ISBN: 9780470530832
parent-ISBN: 9780470445891
Publisher: John Wiley & Sons
Pages: 256
Published: 08-2009
Released online for download: 08-31-2009
Author of eBook: Lowell, Lee

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Get Rich with Options

Four Winning Strategies Straight from the Exchange Floor

Chapter One

IT'S ALL ABOUT THE CALLS AND PUTS

Let's start at the beginning. There are only two types of options-calls and puts. It's really very simple, and it doesn't have to be any more complicated than that. Call and put options are a direct form of investment and should be seen as such. You can achieve everything you want on an investment basis with options, just as you would with any stock, bond, or mutual fund. That fact is very important to remember.

Every position that is built using options is composed of either all calls, all puts, or a combination of the two. One thing that smart option traders know is that you can sell options as easily as you buy them. That is going to be one of the main themes of this book as you will soon see that a majority of my trades entail the selling of options. Don't fret if you've heard that selling options is risky. The way that I do it has limited risk. One of th ... read full excerpt from: Get Rich with Options: Four Winning Strategies Straight from the Exchange Floor (Agora Series #13) ebook



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