How many ways to trade options

Discussion in 'Options' started by cashmoney69, Jul 25, 2006.

  1. #11     Aug 1, 2006
  2. Save your money. You will learn little of use from this volume IMHO. It is merely a catalog of strategy names with basic details and lots of filler.

    Besides, the majority of the book (the strategies) is online in an interactive format: http://liffe.optioneasy.com/

    You'll need to register but you can use dummy information (create a dummy e-mail account to receive the login info).

    The point is, and this probably won't sink in until you've been at it a little while, once you have a view on price, volatility, skew, time etc. for your particular target stock/index you can construct combinations of long and short options at various strikes and various months to tailor a position exactly according to your needs. The position/strategy may not have a "name" that you will find in a book necessarily.

    Good luck.

    MoMoney.
     
    #12     Aug 1, 2006