Book description
In an era where “buy and hold” investment strategies no longer work, investors desperately need portfolio protection. Fortunately, it’s available—in the form of options. In Why Trade Options? top trader and options instructor Mark D. Wolfinger shows how options can be used conservatively, to systematically reduce risk and protect assets. Wolfinger explains the choices that options provide to cautious investors and explains the tradeoffs associated with each alternative. You’ll learn how to use “protective” (a.k.a. “married”) puts to buy complete protection at a higher price—and how to use covered calls to gain more modest protection, without paying a dime out of pocket. Wolfinger shows how to use simple “collars” to gain more protection at lower cost and helps you use options-based “stock replacement” strategies to lock in stock profits (while objectively considering the tax implications). Nowadays, intelligent investors need to address risk as much as return. Why Trade Options? gives them powerful tools for doing just that.
Product information
- Title: Why Trade Options?
- Author(s):
- Release date: January 2012
- Publisher(s): Pearson
- ISBN: 9780132996648
You might also like
book
The Complete Guide to Futures Trading: What You Need to Know about the Risks and Rewards
PRAISE FOR The Complete Guide to FUTURES TRADING "It does a good job of conveying, in …
book
Trading Catalysts: How Events Move Markets and Create Trading Opportunities
In Trading Catalysts, Robert I. Webb examines the various factors that move markets. Webb focuses on …
book
Trading Options for Edge
If you have experience in option trading, or a strong understanding of the options markets, but …
book
How to Price and Trade Options: Identify, Analyze, and Execute the Best Trade Probabilities, + Website
Select and execute the best trades—and reduce risk Rather than teaching options from a financial perspective, …