Using and Trading Options – Part 1

Using and Trading Options , Lawrence McMillanLarry teaches you how to effectively use these powerful but generally misunderstood instruments.

First, Larry describes the unusual predictive power of options inherent in the fact that options traders are generally wrong. Thus, the ability to accurately identify the actions of the majority of options traders provides a unique contrary indicator. Larry also explains the one very important exception to this statement in which options act as a direct indicator of market behavior.

Expiration also provides traders with often overlooked opportunities to make money. You will learn specific strategies for profiting before expiration, on expiration day itself, and after expiration day.

Finally, Larry describes the concept of delta neutral trading, in which options are used to construct positions that benefit from predicting volatility rather than price. Since options generally trade in a volatility range and it is easier to predict volatility than prices, this is a much safer trading approach. The mechanics of this approach are explained, along with actual trading examples.

About The Expert

Larry McMillan Expert: Lawrence G. McMillan
Type: PDF Workbook MP3 Audio
Running Time: 90 minutes
Workbook Length: 36 pages

Blog Widget by LinkWithin

Tagged with: • • • • •

Filed under: options trading

Like this post? Subscribe to my RSS feed and get loads more!