Think like an option trader : how to profit by moving from stocks to options / Michael Benklifa

Author : Benklifa, Michael
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Think like an option trader : how to profit by mov...

THE SECRET TO PROFITING FROM OPTIONS:THINK LIKE A PROFESSIONAL OPTION TRADER, NOT A STOCK TRADER!Understand the unique dynamics of options trades and marketsPractical, concise insights based on actual option trading scenariosMaster trade selection, risk management, and moreBy professional options trader Michael Benklifa, best-selling author of Profiting with Iron Condor OptionsWant to win in options? You must think like a professional option trader. Step #1: Get rid of the habits you learned in stock trading: they’re killing you! Step #2: Understand the real dynamics of options markets: they are radically, fundamentally different. Example: When stock traders look at price, they see information. Option traders see probability, time, and volatility. Example: Stock trading is about having an information advantage. Option trading can be about exploiting a lack of information. Example: Stocks either go up or they don’t. Option trades can be structured for a 90% probability of success. With dynamics like these, option trading is like nothing else. Through practical, simple examples, Michael Benklifa will help you understand what’s really going on here…so you can consistently build trades that earn profits and control risk

Publisher : Upper Saddle River New Jersey : FT Press
Publish Year : 2013
Page : xvii, 183 pages
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