Atnaujinkite slapukų nuostatas

Trading Options for Edge: A Professional Guide to Volatility Trading 2nd updated and extended edition [Kietas viršelis]

,
  • Formatas: Hardback, 229 pages, aukštis x plotis: 240x170 mm, weight: 536 g, 4 Tables, black and white; 141 Illustrations, color
  • Išleidimo metai: 03-Oct-2022
  • Leidėjas: De Gruyter
  • ISBN-10: 3110697785
  • ISBN-13: 9783110697780
Kitos knygos pagal šią temą:
Trading Options for Edge: A Professional Guide to Volatility Trading 2nd updated and extended editionDidesnis paveikslėlis
  • Formatas: Hardback, 229 pages, aukštis x plotis: 240x170 mm, weight: 536 g, 4 Tables, black and white; 141 Illustrations, color
  • Išleidimo metai: 03-Oct-2022
  • Leidėjas: De Gruyter
  • ISBN-10: 3110697785
  • ISBN-13: 9783110697780
Kitos knygos pagal šią temą:
Pastovi nuoroda: https://www.kriso.lt/db/9783110697780.html
Raktažodžiai:

If you have experience in option trading, or a strong understanding of the options markets, but want to better understand how to trade given certain market conditions, this is the book for you. Mark Sebastian's new edition will teach trade evaluation, using Greeks, trading various spreads under different market conditions, portfolio-building, and risk management. Sebastian's approach will help traders understand how to find edge, what kind of trade under what conditions will capture edge, and how to create and successfully hedge. The book demonstrates how to structure a portfolio of trades that makes more money with less risk.

Table of Contents:

Foreword by Bill Luby

Part I: Professional Lessons Every Trader Needs to Know ?

Chapter 1: Trading in Options ?

Chapter 2: Risk Management ?

Chapter 3: Market Makers, Risk, and the Individual Trader ?

Chapter 4: Volatility ?

Chapter 5: What Is Edge? ?

Chapter 6: Locking in Edge ?

Part II: Using Spreads ?

Chapter 7: A Quick Review of Spreads ?

Chapter 8: Adding Edge to Spreads ?

Chapter 9: Butterflies and Condors ?

Chapter 10: The Front Spread ?

Chapter 11: Calendar Spreads ?

Chapter 12: Trading VIX

Chapter 13: Trading VIX ETP’s and ETF’s

Part III: Global Risk ?

Chapter 14: How a Market Maker Trades ?

Chapter 15: Portfolio Greeks ?

Chapter 16: Investing with Options/Stock Replacement

Chapter 17: Hedging and Crisis Alpha with Options ?

Part IV: Appendices ?

Acknowledgments vii
Foreword ix
Preface xix
Introduction 1(6)
Part 1 Professional Lessons Every Trader Needs to Know
Chapter 1 Trading in Options
7(7)
The One-Man Insurance Company (TOMIC)
8(1)
Build an Infrastructure
9(1)
Build a Trading Plan
9(1)
Select Trades Based on Articulated Criteria
10(1)
Manage Risks
11(1)
Learn All the Essential Elements of Trading
12(2)
Chapter 2 Risk Management
14(22)
The Option Pricing Model
14(1)
The Options Greeks
15(1)
Delta
16(4)
Change in Underlying Price
17(1)
Change in Strike Price
18(1)
Time to Expiration
18(1)
Volatility
19(1)
Gamma
20(7)
Price of the Underlying
22(1)
Strike Price
22(1)
Time to Expiration
23(1)
Volatility
24(3)
Vega
27(4)
Price of the Underlying
28(1)
Strike Price
28(1)
Time to Expiration
29(1)
Volatility
30(1)
Theta
31(5)
Price of the Underlying
31(1)
Strike Price
32(2)
Time to Expiration
34(2)
Chapter 3 Market Makers, Risk, and the Individual Trader
36(8)
How Market Makers Make Money
36(6)
Skew
39(1)
Term Structure
40(1)
Market Maker Size
41(1)
Market Maker Global Risk
42(2)
Chapter 4 Volatility
44(15)
Realized Volatility
44(8)
Zone 1 Ultra-low Volatility
44(2)
Zone 2
46(2)
Zone 3
48(2)
Zone 4
50(2)
Implied Volatility
52(3)
Zone 1
52(1)
Zone 2
53(1)
Zone 3
54(1)
Zone 4
55(1)
Volatility in 2020
55(4)
Chapter 5 What Is Edge?
59(11)
Edge
59(3)
10-Day HV
60(1)
20-Day HV
61(1)
60-Day HV
61(1)
Review the IV of the Product
62(2)
IV30
63(1)
Term Structure
64(1)
Skew
65(2)
Know the Zone of the Market
67(1)
Select the Trade
67(3)
Chapter 6 Locking in Edge
70(7)
The Retail Trader
71(6)
Establish the Option You Want to Trade
71(1)
Establish the Offsetting Contract
72(1)
The Hard and Soft Side of a Trade
72(2)
Execute, Manage, Exit
74(3)
Part 2 Using Spreads
Chapter 7 A Review of Basic Spreads
77(11)
The Vertical Call Spread
77(1)
The Put Spread
78(4)
The Straddle
82(3)
Long Straddle
82(1)
Short Straddle
83(2)
The Strangle
85(3)
Long Strangle
85(1)
Short Strangle
86(2)
Chapter 8 A Closer Look at Advanced Spreads
88(16)
The Iron Butterfly
88(7)
The Short Iron Butterfly
88(4)
The Long Iron Butterfly
92(1)
Standard Butterfly
93(2)
The Iron Condor
95(3)
The Short Iron Condor
96(2)
The Calendar Spread
98(3)
The Long Calendar
99(1)
The Short Calendar
100(1)
Front and Back Spreads
101(3)
Back Spreads
101(1)
Front Spreads
102(2)
Chapter 9 Adding Edge to Spreads
104(9)
Credit/Debit Spreads
104(8)
Volatility
106(2)
Skew
108(2)
Management
110(2)
A Few Words on Adjusting
112(1)
Chapter 10 Butterflies and Condors
113(12)
The Butterfly
113(6)
Trading a Butterfly
114(5)
Targeting Profit in a Butterfly
119(1)
Condors
119(6)
Strangle
119(1)
IV and HV
120(2)
Skew
122(2)
Set Up and Management
124(1)
Chapter 11 The Front Spread
125(11)
What Is a Front Spread?
125(5)
Creating a Front Spread
126(4)
The Broken Wing Butterfly
130(2)
Trade Management
131(1)
Beginning of Front Spread in TSLA
132(4)
Target Profit
133(1)
Broken Wing Butterfly Variation
134(2)
Chapter 12 Calendar Spreads
136(13)
Creating a Calendar
137(12)
Evaluate Overall Implied Volatility
138(1)
Evaluate Term Structure
139(2)
Evaluate Event Risk
141(1)
Evaluate Realized Volatility
141(1)
Choose the Right Strikes
142(1)
Execute the Trade
143(2)
Manage the Trade
145(1)
Exit
145(4)
Part 3 Global Risk and Volatility
Chapter 13 How a Market Maker Trades
149(6)
Market Making
149(6)
The Trader
152(3)
Chapter 14 Portfolio Greeks
155(8)
Delta
155(1)
Gamma
156(1)
Theta and Vega
156(6)
Theta
156(1)
Vega
157(5)
Managing a Book
162(1)
Chapter 15 Trading Volatility
163(12)
The VIX
163(2)
The Weekend Effect
165(1)
VIX Futures
166(3)
VIX Options
169(6)
Chapter 16 Trading VIX ETPs
175(10)
VIX ETPs and the Issue of Contango
175(2)
Inverse Volatility ETPs
177(2)
Trading Volatility ETPs
179(6)
Part 4 Appendix
Appendix A Important Terms
185(16)
List of Figures 201(4)
List of Tables 205(2)
About the Authors 207(2)
Index 209
Mark Sebastian is a former member of both the Chicago Board Options Exchange and the American Stock Exchange. CIO of Karman Line Capital and the founder of Option Pit Mentoring and Consulting, a Chicago based option education firm, Sebastian has been published nationally on Yahoo Finance, quoted in the Wall Street Journal, Reuters, and Bloomberg and is a writer for Real Money on TheStreet.com. Mark is also the managing editor for Expiring Monthly: The Option Traders Journal an all digital, all options magazine. Mark has spoken for the CBOE, the ISE, CME, VOLX and is a co-host on the popular "Option Block" Podcast and is the "Volatility Reporter" for the Volatility Views podcast. Mark has a Bachelor's in Science from Villanova University.