Profit with Options: Essential Methods for Investing Success

ISBN-13: 9780471225317 / Angielski / Twarda / 2002 / 288 str.

Lawrence G. McMillan; L. G. McMillan; Larry McMillian

Opis

A comprehensive guide for beginners by the leading authority on options Whether the markets are moving up or down, options remain one of the most attractive instruments for all investors. Profit with Options is a beginner's guide to trading options, delivered in clear and engaging manner by options guru Lawrence McMillan. Starting with a basic explanation of terminology, McMillan explains complete trading methodologies with chapters on direct and contrary indicators, protecting a stock portfolio, and trading volatility. The "Q&A" section in each chapter offers readers a chance to test their knowledge in real life trading situations. Whether you are looking for new investment sources in a bear market or seeking hedge protection in a bull, Profit with Options is a lively, one-stop reference and vital tool. Lawrence C. McMillan is the President of McMillan Analysis Corporation. He publishes the newsletter The Option Strategist and the innovative fax service "Daily Volume Alerts," updating investors on unusual increases in equity option volume. He is the author of the bestselling Options as a Strategic Investment and McMillan on Options (Wiley: 0-471-11960-1).

Spis treści

Introduction.

Options as Direct Indicators.

Options as Contrary Indicators.

System Trading.

Protecting a Stock Portfolio.

Trading Volatility.

Buy Low and Sell High––Volatility, That Is.

Answers to Review Questions.

Glossary.

Index.

O autorze

LAWRENCE G. McMILLAN is President of McMillan Analysis Corporation. As the foremost authority on options, Mr. McMillan is the publisher of The Option Strategist, a leading advisory newsletter for the options community, and creator of the innovative fax service "Daily Volume Alerts," which updates investors on unusual increases in equity option volume. He is also the bestselling author of two books: Options as a Strategic Investment and McMillan on Options (Wiley). Mr. McMillan has spoken on options strategies at hundreds of seminars and colloquiums in the United States, Canada, and Europe. In addition to touring, speaking, and writing, he uses his knowledge to trade his own accounts actively in the options markets. Formerly a senior vice president in charge of the Equity Arbitrage Department at Thomson McKinnon Securities, Inc., Mr. McMillan is also a "Trader′s Hall of Fame" award winner.

Blurb

"McMillan is the top name in options education, bar none."
–Paul Stevens, President, Options Clearing Corp. and The Options Industry Council

"Larry wrote the book we built an industry on," notes Ned W. Bennett, CEO of OptionsXpress, referring to McMillan′s thick volume, Options as a Strategic Investment. A decade later, McMillan on Options focused on McMillan′s own personal strategies and favored techniques. Now comes Profit with Options, a treasure that complements his previous works and continues his legacy of educating investors on the benefits and strategies for incorporating options into a winning investment program.

Profit with Options is a unique course book that covers every phase of the options trading process step–by–step, and then reinforces individual concepts through end–of–chapter quizzes, thereby allowing readers to refine their skills. Each chapter covers a specific concept and closes with a set of review questions and answers that will assist the reader in implementing the material covered. Focused on practical ways to profit from stock, index, and futures options, this guide covers basic to advanced concepts and includes everything you need to consistently "profit with options." Learn how to determine whether to buy options or the underlying stock, use price and volume as technical indicators, apply index options as portfolio protection, and implement powerful volatility strategies.

When it comes to options trading education, no one is more respected than "Trader′s Hall of Fame" award–winner Larry McMillan. Through his bestselling books, popular newsletters, and packed trading workshops, he has become a true industry icon. In Profit with Options, McMillan′s newest offering, you′ll learn powerful, proven, and profitable options trading techniques with the expert guidance of one of the world′s foremost authorities.