The Options Edge: An Intuitive Approach to Generating Consistent Profits for the Novice to the Experienced Practitioner

by Michael Khouw, Mark W. Guthner

Capture the fortune you're losing with every trade by learning to exploit options

The Options Edge + Free Trial shows you how to capture the fortune you lose out on every day. Buying and selling traditional investments often entails instruments with optionality. Sometimes this optionality is explicit, while other times it is hidden. If you're not leveraging these embedded options to their fullest advantage, you're losing money. Most retail investors don't truly understand the nuances involved in successful options trading and instead rely on more comfortable instruments with fewer complex mechanics. If you're interested in optimizing your portfolio, it's time to step out of your comfort zone and learn what you've been missing. This book gives you the background you need to take full advantage of options in this booming market. The companion website features easy to use analytical tools that help investors find the best opportunities so you can start applying these methods right away. Whether or not you ultimately decide to start actively trading options, the concepts discussed will make you a better all-around trader with greater security in your financial affairs.

Most investors buy and sell options every day without ever knowing it. This book relates stories of those who have leveraged options to make fortunes and those who have lost by not understanding the optionality of their financial endeavors. You must know the fundamentals of options, and then learn to recognize hidden options, in order to improve success in all of your investment activities. After taking these steps, you can go on

Create hidden options at little or no cost Structure your finances to reduce risk and increase wealth Utilize a practical pricing model for smarter investing The listed options are currently the only growing exchange traded financial product in the developed markets, with a current average volume of 20 million contracts—equivalent to 2 billion shares—per day. Now is the perfect opportunity to fortify your finances, and The Options Edge + Free Trial gives you the understanding and practical tools you need to optimize your portfolio today.

Genres: Finance

331 pages, Kindle Edition

First published February 1, 2016

Reviews

[Bob Manning · Rating 2 out of 5]

Much too technical for my level of options trading. No wonder his nickname on CNBC is The Professor.

[Fen · Rating 5 out of 5]

One of a few investing books that actually tells you applicable strategies with some backtested results. Great for people who are familiar with the basics of options, implied volatility and the Greeks before.

[William T · Rating 4 out of 5]

I didn't read every word and take notes. I have little academic experience, limited math knowledge, but I have a lot of experience trading options. As a result, much of the derivation, while somewhat difficult, was intuitive to me. I like this book and recommend it with few caveats. You can see that I took two months to read it. I read seven other books at the same time so it was not that the book was formidable but rather it is neither difficult "to put down and pick back up" nor is it necessary to digest quickly. I would like to read this again. We shall see about that!

[Wen Jie Lee · Rating 4 out of 5]

Best value from the book was the employment of different option strategies for various fundamental situations.