Book description
A practical guide to unlocking the power of option spreads
When dealing with option spreads your looking to purchase one option
in conjunction with the sale of another option. If managed properly,
these spreads can provide experienced investors with the potential for
large returns without undertaking a great deal of risk.
Option Spread Trading provides a comprehensive, yet
easy-to-understand explanation of option spreads, and shows you how to
select the best spread strategy for any given market outlook. Along
the way, author Russell Rhoads discusses spread strategies that can be
used to profit from a strong up or down directional move in a stock, a
stagnant market, or a highly volatile market. He also details how you
can harness the leverage of options to create a low-risk position that
provides the potential for a big profit.
- All manner of spreads are covered, from calendar and horizontal
spreads to vertical and diagonal spreads
- Highlights how you can monitor and adjust an existing spread
position and provides tips on how to exit a spread trade
- Includes exercises and examples to test and reinforce your
knowledge of the concepts presented
Option spread trading has become increasingly popular with active
traders and investors. Gain a better understanding of this powerful
approach with Option Spread Trading as your guide.
RUSSELL RHOADS is an instructor for the Options
Institute at the Chicago Board Options Exchange. He conducts about
ninety classes a year and, in addition, conducts webinars on behalf of
the CBOE and a variety of brokerage firms. Rhoads's twenty-year
trading career included positions at a variety of trading firms and
hedge funds. His background includes trading and analysis, and he is
author of Candlestick Charting For Dummies. Rhoads graduated
the University of Memphis with a MS in finance and has a master's
certificate in financial engineering from the Illinois Institute of
Technology.