Options Made Simple A Beginner's Guide to Trading Options for Success

by Clarke, Jacqueline; Clarke, Davin

• ISBN13: 9780730376378
• ISBN10: 0730376370
• Edition: 1st
• Format: Paperback
• Copyright: 2011-12-27
• Publisher: Wiley

Summary

The sixth book in the Wrightbooks Made Simple series, Options Made Simple is an uncomplicated guide to tradingoptions for beginners. This book outlines some simple, easy to understand strategies anyone can use to start tradingoptions. The book will be a succinct paperback with lower price point, and provide the perfect first step into tradingoptions. An option is a binding contract that gives the buyer the right, but not the obligation, to buy or sell an underlying asset ata specific price on or before a certain date ?C it has strictly defined terms and properties. Options are very versatile and allow you to change your position according to the situation ?C they can be speculative orconservative depending on your trading strategy, but the risk can be mitigated by having a firm basic understanding. The Made Simple series is the perfect vehicle for this content as readers are taken step?\by?\step through everything theyneed to know about trading options ?C including what can go wrong! ?C and can work out which strategies they are mostcomfortable with.

Author Biography

Jacquellne Clarke is a qualified accountant and a trader of shares and derivatives. Together with Davin, Jacqueline manages their extensive trading business as their primary source of income. Davin Clarke is a well-known and high successful private trader. He is a popular and sought-after speaker and featured in several books, including. The Wiley Trading Guide and 20 Most Common Trading Mistake and How You Can Avoid Them. He co-authored Trading Plans Made Simple with Jacqueline Clarke.

Table of Contents

About the authors	p. vii
What are options?	p. 1
Advantages and risks	p. 15
Types of options	p. 29
Option pricing	p. 45
The mechanics: how to buy, sell and exercise options	p. 67
Buying options: the scenarios	p. 79
Selling options: the scenarios	p. 97
Choosing your option strategy	p. 115
Strategies for buying call options	p. 123
Strategies for buying put options	p. 137
Strategies for selling covered call options	p. 155
Strategies for selling naked call options	p. 175
Strategies for selling put options	p. 189
Advanced strategies: using multiple option spreads	p. 201
Advanced strategies: straddles and strangles	p. 221
Appendix	p. 233
Glossary	p. 237
Index	p. 241
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