How I Trade Options

ISBN-13: 9780471312789 / Angielski / Twarda / 2000 / 240 str.

Jon Najarian

Opis

When Jon Najarian embarked on a career in the world of market making, he went from playing with the Bears to running with the Bulls. In this chronicle of his evolution, the former starting middle linebacker for the Chicago Bears focuses on his key ingredient for market success - learning to control risk. The role of the market maker is to make a market in stocks and options by providing the public with the service of buying their sales and selling their purchases. The market maker essentially facilitates the entire market process between the various groups in the global equities and options market by acting as a go-between for speculators and hedgers. From speedy victory to coping with some huge losses, to building his own business, Najarian reveals how he successfully trades the market with options traders, showing investors how to trade like a pro by honing their discipline, handling volatility successfully, and grasping puts, calls, and spreads.

Spis treści

The Making of a Trader.

The Marketplace.

A Case for Options.

Beyond the Basics.

From the Short Side.

Playing the Broad Market.

When to Do What–and Why!

Building a Team–The Day–Trading Firm.

Getting the Right Tools.

What Changes, What Stays the Same.

Glossary.

Index.

O autorze

JON NAJARIAN ("Dr. J") is President of Mercury Trading Co. in Chicago, Illinois, one of the largest option specialist firms in the United States. He has traded on the Chicago Board Options Exchange (CBOE) since 1981 and is an active trader on and off the floor. He is also chairman of O. N. E. Financial News and has served on the board of the CBOE. He hosts a financial segment on FOX Morning News and is a frequent speaker at seminars nationwide.

Blurb

Wiley Online Trading For A Living

Beat Risk and Reap Rewards Like A Pro!

The Compelling True Story of How a Top Market Maker Built a Successful Trading Business

Praise for How I Trade Options

"To much of the outside world, trading appears to be as incomprehensible as rocket science. What Jon Najarian has done in this engaging and very readable book is to ′demystify′ the world of options for both the aspiring trader and the retail investor. How I Trade Options is a rare opportunity to look over the shoulder of this experienced options trader, teacher, and lecturer." –Lewis J. Borsellino, CEO/Founder, www.TeachTrade.Com; Author, The Day Trader: From the Pit to the PC

"How I Trade Options gives retail investors who have little or no prior knowledge the insight into how options work and how to use them effectively and responsibly. For those who want to learn about options, this is a rare opportunity to learn from a master trader. Najarian shows commitment to educating investors on the use of options to enhance their portfolios." –Rance Masheck, President, Quantum Vision Inc.

"Not only is Jon Najarian a Supertrader, he is a Superteacher. I owe much of my good fortune to Jon Najarian. I learned more from him than I had learned in an entire decade–plus it was fun! Jon′s abilities to make his profitable trading strategies understandable are sure to make How I Trade Options a must–have tool that every option trader will want to own." –Don Fishback, Developer of the Fishback Option Pricing Model

"Jon Najarian is a world–class options trader and a world class options educator. His crystal clear explanations of such strategies as vertical spreads empower the average investor to participate in attractive options approaches that, until now, have been dominated by professional traders." –Bernie Schaeffer, Chairman and Chief Executive Officer Schaeffer′s Investment Research, Inc.

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