Making Money with Option Strategies: Powerful Hedging Ideas for the Serious Investor to Reduce Portfolio Risks by Michael C. Thomsett

by Michael C. Thomsett

Making Money With Option Strategies is a practical, down-to-earth guide that introduces and fully explains an action plan to reduce risk in any stock portfolio.There are many options books available already, and they fall into two major basic primers limited to explaining the terminology and market of options; and more advanced books discussing theory and pricing models of options.None of these books addresses the largest audience of all--those who know the basics but are not interested in theories and pricing models. They want clear, practical ways to apply these principles to make money and reduce their risks. Making Money With Option Strategies is designed for this market.Michael has traded options since the mid-1970s and is the best-selling options author in the United States. His best-selling Getting Started in Options , a beginner's book now in its ninth edition, has sold more than 300,000 copies since 1986.Many people view options as exotic, complex, and high-risk beasts. They are not. If your portfolio risk keeps you up at night, adding carefully designed option strategies to hedge risks will help you get a good night's sleep.

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About the author

Michael C. Thomsett is an expert in technical analysis and stock markets. He has published dozens of books on the topic as well as peer-reviewed papers, magazine articles, and blog entries. He has been writing professionally since 1978 and his best-selling, Getting Started in Options (John Wiley & Sons) is currently in its 10th edition (published by DeGruyter with a new title, “Options”) and has sold over 350,000 copies. The author lives near Nashville, Tennessee and he writes full time.