If you know the right strategies, you can profit by trading options in a sideways, or directionless, market. (This is fortunate because directionless markets occur more frequently than bull or bear markets.) This hands-on workbook teaches you the most important trading strategies and how to apply them. You'll find out how to identify, enter, manage, and exit a trade. The special format makes it easy to learn; illustrations, exercises, what-if scenarios, and quizzes have you mastering the material in no time. The butterfly family of option strategies is covered, including: butterflies, iron butterflies, condors, broken-wing butterflies, pterodactyls, and iron pterodactyls. The greeks--delta, gamma, vega, and theta--are also covered. Understanding the greeks is essential to deciding how to apply the strategies. If you are a professional or an active individual trader, you can benefit from this book.
To keep up and gain an edge, the trading strategies and how-to approach detailed in Tony Saliba's Option Strategies for Directionless Markets can take you to the next level of options professionalism. -- Ken Heath, Publisher, Traders Magazine
With detailed and insightful discussions on strategy application and position management, this book offers a tactical approach--something I have not found in other books. -- Goran Ekman, Head of Sales Financial Training, OMX
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What is the market and how it works
Finding Opportunities (with Technical Analysis & Fundamental Analysis)
Planning & Safety (with strategies to make smart decisions.)
Plan Execution: Buying & Selling
Follow Live Trades, Step By Step
Detailed Trade and Market Analysis
Explanations of Strategies and Tactics
Questions Answered in Webcasts & Chatrooms
Learn by Copying The Pros At Every Step