Options a complete guide for investors and traders
Sitemap Contact Us Login. Guy Bower is a full time options trader and this book is an update on this first edition. A couple of new chapters have been added with new questions and answers in the workbook section at the end of each chapter. It is a book about how to trade options professionally.
So, if you are a person who has been trading options for sometime and wants to learn more complex strategies and improve your performance, then this book is for you. If however, you have never traded options before and would like to find out how to get started, I would suggest you try one of Louise Bedford's or Christopher Tate's books on option trading first.
This book is designed to take you from the basics of option trading right up to the more advanced option strategies and positions. The novice may find all this a little daunting at first. However, if you are options a complete guide for investors and traders serious trader and persevere with reading the book one chapter at a time, completing the questions at the end of each chapter, you will understand the mechanics of the options market and more advanced options trading.
Guy starts off explaining the basics of options trading like calls, puts and payoff options a complete guide for investors and traders. He then moves onto the more complex spread trading where you learn to combine options to create positions that have their own risk and reward characteristics such as bull spreads, bear spreads calendar spreads and ratio spreads.
He also covers the mathematics of option trading, which options a complete guide for investors and traders is not about crunching numbers, volatility analysis and risk management control. Finally he takes you inside his trading room and you get to peek at his other businesses as a licensed futures broker and commodity trading advisor.
In the final chapter Guy attempts to prepare you for real life trading. He covers markets to trade, how to choose a broker, different information systems that are essential for trading, how to place an order, keeping a trading diary, in fact all the things you need to know on how to get stared. Option trading can be a very boring and daunting subject. I personally found this book hard going. I still have not finished reading it entirely.
However, if you have been trading options for sometime and are a person who can take difficult concepts and apply them in real life you will probably love this book. Kay Jones Guy Bower is a full time options trader and this book is an update on this first edition.
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