Traders Press, Inc.

The Option Trader's Workbook: A Problem-Solving Approach

Item Number:  5019
Publisher:  FT Press
Number of Pages / Length:  240 Pages
Format:  Softcover
Shipping Availability:  Usually ships within 24 hours.

Price: 34.99

Author(s):

Jeff Augen

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JEFF AUGEN, currently a private investor and writer, has spent over a decade building a unique intellectual property portfolio of algorithms and software for technical analysis of derivatives prices. His work includes over one million lines of computer code refl ecting powerful new strategies for trading equity, index, and futures options. As co-founding executive of IBM’s Life Sciences Computing business, Augen defined a growth strategy resulting in $1.2B of new revenue and managed a large portfolio of venture capital investments. From 2002 to 2005, he was President and CEO of TurboWorx, Inc., a technical computing software company founded by the chairman of the Department of Computer Science at Yale University

Synopsis:

Most options books offer theory and strategies but don’t give you what you really need: hands-on practice that prepares you for real-world trading, where subtle decisions make the difference between winning and losing. Now, there’s a solution: The Option Trader’s Workbook.

Description:

Using a question and answer format, this innovative workbook covers key scenarios you’ll encounter as an option trader. Expert trader Jeff Augen explains the challenges they present, reveals the potential pitfalls, and walks you through each example to help you understand how to maximize your success. You’ll master trades designed to profit from rising or falling stock prices, rising or falling volatility, time decay, rapid price spikes, and many other market dynamics. Each section helps you build your skills one trade at a time---whether you’re new to options or you’ve been trading for years.

Learn by doing--not by reading or memorizing Practice real decision-making in real trading situations
Gain a detailed, intuitive understanding of pricing Understand exactly what must happen for your trade to be profitable
Learn to identify efficient trade structures Avoid errors that cause losses even when you’ve correctly predicted a stock’s direction
Learn how to manage risk effectively Optimize profits by choosing the right option strategy for a particular situation
Use complex trading strategies with confidence Master highly profitable techniques used by professionals