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...

Legendary trader Larry McMillan does it-again-offering his personal options strategies for consistently enhancing trading profits

Larry McMillan's name is virtually synonymous with options. This "Trader's Hall of Fame" recipient first shared his personal options strategies and techniques in the original McMillan on Options. Now, in a revised and Second Edition, this indispensable guide to the world of options addresses a myriad of new techniques and methods needed for profiting consistently in today's fast-paced investment arena. This thoroughly new Second Edition features...

The market in listed options and non-equity option products provides investors and traders with a wealth of new, strategic opportunities for managing their investments. This updated and revised Fifth Edition of the bestselling Options as a Strategic Investment gives you the latest market-tested tools for improving the earnings potential of your portfolio while reducing downside risk--no matter how the market is performing.
Inside this revised edition are scores of proven techniques and business-tested tactics for investing in many of the innovative new options products available....

Does this sound like you?

• You want the long-term returns from stocks but don't like the volatility.
• You like the security of income from bonds and CDs, but the yields are too low.
• You wish there was a sensible discipline you could follow that would provide the attractive returns offered by common stock yet with more consistency and less risk.

If so, then covered call writing may be the investment strategy you've been looking for.

You can achieve long-term returns commensurate with stock market returns but with lower volatility and less...

Practical option strategies for the new post-crisis financial market

Traditional buy-and-hold investing has been seriously challenged in the wake of the recent financial crisis. With economic and market uncertainty at a very high level, options are still the most effective tool available for managing volatility and downside risk, yet they remain widely underutilized by individuals and investment managers. In Options for Volatile Markets, Richard Lehman and Lawrence McMillan provide you with specific strategies to lower portfolio volatility, bulletproof your portfolio against...