Book description
A leading expert unveils his unique methodology for options trading
Options provide a high leverage approach to trading that can significantly limit the overall risk of a trade or provide additional income. Yet, many people fail to capitalize on this potentially lucrative opportunity because they mistakenly believe that options are risky. Now options expert Andrew Keene helps aspiring investors to enter this sector by explaining the principles of the options market and showing readers how to utilize calls and puts successfully.
Leading options expert Andrew Keene demystifies the basics of options trading
Debunks the myth that call purchases are synonymous with being bullish and that put purchases are bearish
Lays out in detail two distinct proprietary trading plans readers can follow
Explains how to trade using market maker techniques and tricks from the trading floor to help with his probabilities in options trading
Andrew Keene is best known for reading unusual options activity and seeing what others don't. Now he shares what he knows in a book that opens the opportunities of options trading to any investor.
Table of contents
- Cover
- Half Title
- Series Page
- Title Page
- Copyright Page
- Preface
- Acknowledgments
- Chapter 1: Introduction
- Chapter 2: The Life of a Professional Trader
- Chapter 3: Trading for a Living
- Chapter 4: Who the Players Are
- Chapter 5: Options Brokers and Platforms
-
Chapter 6: Technical Trading
- Support and Resistance Levels
- What Is a Gap?
- Dow Theory
- Elliott Wave Theory
- Moving Averages
- Fifty-Day Moving Average
- Forty-Week Moving Average
- Magnets and Targets
- The Stochastic
- Other Charts, Technical Indicators, and Money Supply
- Japanese Candlestick Charts
- Disadvantages to Moving Averages
- The Ichimoku Cloud
- Summary
- Chapter 7: Reading the Market and Implied Volatility
- Chapter 8: Options Basics Primer
- Chapter 9: The Greeks
- Chapter 10: Call and Put Trading Strategies
- Chapter 11: Why Is Everyone Long Stock?
-
Chapter 12: What Are Synthetic Options Positions?
- Synthetic Long Stocks
- Synthetic Long Stock = Long Call + Short Put
- Synthetic Short Stock = Short Call + Long Put
- The Goal of Making Synthetics
- Synthetic Long Call = Long Stock + Long Put – Strike Price
- Synthetic Short Call = Short Stock + Short Put – Strike Price
- Synthetic Long Put = Long Call + Strike Price – Short Stock Price
- Synthetic Short Put = Short Call + Strike Price – Long Stock Price
- Chapter 13: What Is Volatility and How Does It Affect Options?
- Chapter 14: Various Uses of Options and Why I Love to Trade Them
- Chapter 15: More Complex Options Strategies
-
Chapter 16: Managing Trades on Expiration
- Long Call—Long the FB November 23 Calls
- Short Call—Short the AAPL November 500 Calls
- Long Put—Long the MSFT November 27 Puts
- Short Put—Short the GOOG November 650 Puts
- More Complex Trades
- Long Call Spread—Long the FB November 23-25 Call Spread
- Short Call Spread—Short the AAPL November 500-520 Call Spread
- Long Put Spread—Long the MSFT November 27-25 Put Spread
- Short Put Spread—Short the GOOG November 650-630 Put Spread
- Long Straddle—Long the FB Nov 23 Straddle
- Short Straddle—Short the MSFT November 27 Straddle
- Long Strangle—Long the AAPL November 480-500 Strangle
- Short Strangle—Sell the GOOG November 650-670 Strangle
- Short Iron Condor—Selling the FB November 23-21 Put Spread and Selling the FB November 25-27 Call Spread
- Short Condor—Short the MSFT November 27 Straddle and Long the 25 Put–29 Call Strangle
- Long Call Butterfly—Long the FB November 23-25-27 Call Fly
- Long Put Butterfly—Long the MSFT November 27-25-23 Put Fly
- Chapter 17: Andrew Keene's Non-Blowout Trading Plan
- Chapter 18: Andrew Keene's OCRRBTT Trading Plan
- Chapter 19: Trading Earnings (HIMCRIBBIT)
- Conclusion
- Answers to End-of-Chapter Questions
- About the Author
- Index
Product information
- Title: Keene on the Market: Trade to Win Using Unusual Options Activity, Volatility, and Earnings
- Author(s):
- Release date: July 2013
- Publisher(s): Wiley
- ISBN: 9781118590768
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