Strategies, tools, and proven solutions for minimizing risk and volatility in option trading The Option Trader Handbook helps readers better understand trade management by providing a thorough compilation of the numerous trade adjustments, hedges, and enhancements that can be made to stock or option positions using derivatives. Dr. George Jabbour is the Director of the Master of Science in Finance (MSF) Program at The George Washington University as well as a professor of derivatives, financial engineering and investments. Dr. Jabbour has published various articles in professional financial journals and regularly speaks at conferences in the United States and abroad regarding option pricing models, financial management, and risk management. He also is a managing director of Global Asset Investments, LLC, an asset management and derivative consulting firm, and CEO of Global Finance Associates, Inc., a financial training, consulting and research company. Dr. Jabbour regularly conducts seminars in option trading and valuation, and is a very active equity and derivative trader. Philip Budwick has a law degree and a Master of Science in Finance and frequently writes articles on option trading strategies and investments. Mr. Budwick is a managing director of Global Asset Investments, LLC and a managing member of Budwick InvestmentGroup, LLC, an option trading and investment software firm. He also conducts discussion groups and offers option investment training through Option Trading Coach, LLC and is an active option and stock trader.
This book is really a handbook for Option Trading. This is Not a book for Blind option selling since most of the strategies contained in the book assumes that the Stock has to be bought first and then the trade adjustments for hedging and speculating.
Detailed analysis of hedging has been provided in different strategies.
This entire review has been hidden because of spoilers.
Excellent reference for the options trader, especially good in providing “trade adjustment strategies” to augment you plays. I will keep this as a handy reference.
If you trade options, one of the things you need to know sooner or later is how to adjust your position. The book contains some good ideas on when & how to adjust various positions and when it's best just to get out. Usable information, not just theory. I have not read the sections about trades that I have not studied in depth yet.