Book description
Top options expert Larry Shover returns to discuss how to interpret,
and profit from, market volatility
Trading Options in Turbulent Markets, Second Edition skillfully
explains the intricacies of options volatility and shows you how to
use options to cope, and profit from, market turbulence. Throughout
this new edition, options expert Larry Shover reveals how to use
historical volatility to predict future volatility for a security and
addresses how you can utilize that knowledge to make better trading decisions.
Along the way, he also defines the so-called Greeks-delta, vega,
theta, and gamma-and explains what drives their values and their
relationship to historic and implied volatility. Shover then provides
effective strategies for trading options contracts in uncertain times,
addressing the decision-making process and how to trade objectively in
the face of unpredictable and irrational market moves.
- Includes a new chapter of the VIX, more advanced material on
volatility suitable for institutional or intermediate options
trader, and additional volatility-based strategies
- Answers complex questions such as: How does a trader know when
to tolerate risk and How does a successful trader respond to adversity?
- Provides a different perspective on a variety of options
strategies, including covered calls, naked and married puts,
collars, straddles, vertical spreads, calendar spreads,
butterflies, condors, and more
As volatility becomes a greater focus of traders and investors,
Trading Options in Turbulent Markets, Second Edition will
become an important resource for in-depth insights, practical advice,
and profitable strategies.
LARRY SHOVER has been a firm and proprietary options trader for
more than twenty-five years and can be seen on networks such as
Bloomberg, BNN, CNBC, CNN, FOX Business, Phoenix Television, and SKY.
He is currently Chief Investment Officer and Portfolio Manager to
Solutions Funds Group, Inc., a managed futures mutual fund. A large
portion of his career has been dedicated to developing his own
proprietary trading firm, and he has also served as director of
education and senior vice president of trading at several commodities
and options firms. Shover was a member of the CME and the Chicago
Board Options Exchange (CBOE) and holds several Financial Industry
Regulatory Authority (FINRA) licenses. He is also the author of the
first edition of this title, published by Wiley.
