Options traders rely on a vast array of information concerning
probability, risk, strategy components, calculations, and trading rules.
Traders at all levels, as well as portfolio managers, must refer to
numerous print and online sources, each source only providing part of
the information they need. This is less than ideal, as online sources
tend to be basic, simplified, and in some cases incorrect. Print
sources, on the other hand, are mostly focused on a very narrow range of
strategies or trading systems. Up until now, there has been no single
source to provide a comprehensive reference for the serious trader.
The Complete Options Trader is that much-need comprehensive reference,
a compilation of the many attributes options traders need.
Thomsett lays out a rich and complete guide to 100 strategies, including
profit and loss calculations, illustrations, examples, and much more. A
thorough evaluation of these strategies (and the rewards and risk
involved) demonstrates how a broad approach to analytically using
options can and does enhance portfolio profits with lower levels of
risk.
The book also features a complete glossary of terms used in the options
industry, the most comprehensive glossary of this nature currently
available.
All too often, the attributes of options trading are poorly understood;
risk is ignored or over-simplified; hedging is not folded into a
strategic evaluation; and options traders shun the value of holding
equity positions. No longer--if options traders rely on this
comprehensive guide as the reference for the industry.