CARDIFF BY THE SEA, Calif.
- May 25, 2021
-- Advancing from Stocks to Options Trading
was written for stock traders who want to increase their financial returns by adding options to their portfolios. I spent several years as a stock trader. When I learned how options worked, my portfolio quickly passed through the million-dollar mark. The book shares my trading rules and how to select a variety of popular option strategies that suit current market conditions. For those who are new to the market, a list of things to consider when selecting a brokerage and trading application is included, where both computer and smartphone trading applications are recommended.
I know several people who regularly buy and hold stocks. Some are close friends. But with few exceptions, most know almost nothing about options. Many could increase their earnings by several thousand dollars each year by selling call options in combination with some of the stocks they already own. Called a covered call
, this simple strategy is an extremely safe option trade that is quite often the first option strategy attempted by those who are new to the use of options. And there are many other option strategies with even higher earnings potentials.
The book begins with a brief history of the equity markets, which investors have been using for more than two thousand years. It introduces option chains
and how they are used to measure risks and potential rewards. And it provides details on how to set up a variety of option strategies on the option chains, how to measure trade outcome probabilities, and the use of account margin. Also provided are trade management techniques that are essential when the market unexpectedly reverses direction.
Self-tests are included to ensure readers understand the information provided within each section. Answers to the self-test questions are provided at the back of the book.
Get your copy today: https://www.amazon.com/dp/1947637282