Option Strategies for Directionless Markets : Trading with Butterflies, Iron Butterflies, and Condors

by Saliba, Anthony J.; Johnson, Karen E.; Corona, Joseph C.

• ISBN13: 9781576602492
• ISBN10: 1576602494
• Format: Paperback
• Copyright: 2008-03-27
• Publisher: Bloomberg Pr

Summary

Options trading is becoming an increasingly popular investment tool, fuelled by an electronic marketplace, greater transparency, stock exchanges introducing their own options and increased globalization. A directionless market - one where the market is not trending up or down - is the most common, but also the most difficult to trade. Based on the author's highly successful seminars, and his decades of experience as an options trader, this book gives you practical guidance on how to trade profitably. Option Strategies for Directionless Markets provides an in-depth exploration of the most effective tools for trading a directionless market.

Author Biography

Anthony J. Saliba has been active in the derivatives market for more than twenty years. He is a member of several financial exchanges and has served on the Board of Directors of the CBOE. His firm, the International Trading Institute, is an acclaimed training organization, reaching thousands of traders worldwide. Saliba was profiled in the best seller Market Wizards.

Karen E. Johnson serves on the Board of Directors of ITI.

Joseph C. Corona is an adjunct instructor at ITI and is a frequent speaker at industry conferences.

Table of Contents

Glossary

Strategies for the Directionless Market

Long Butterfly Spread Basics

Long Condor Spread Basics

The 'Greeks'; Application of 'The Greeks'; Understanding Iron Butterflies and Condors

Popular Mutant Structures

Strategy Application

Final Exam

Table of Contents provided by Publisher. All Rights Reserved.