Option Spread Strategies
Trading Up, Down, and Sideways Markets
Bloomberg Professional
1. Auflage März 2009
288 Seiten, Softcover
Wiley & Sons Ltd
ISBN:
978-1-57660-260-7
John Wiley & Sons
Spread trading--trading complex, multi-leg structures--is the
new frontier for the individual options trader. This book covers
spread strategies, both of the limited-risk and unlimited-risk
varieties, and how and when to use them.
All eight of the multi-leg strategies are here: the covered-write,
verticals, collars and reverse-collars, straddles and strangles,
butterflies, calendar spreads, ratio spreads, and backspreads.
Vocabulary, exercises and quizzes are included throughout the book
to reinforce lessons.
Saliba, Corona, and Johnson are the authors of Option Strategies
for Directionless Markets.
Acknowledgments ix
Introduction xi
1 The Covered-Write 2
2 Verticals 28
3 Collars and Reverse-Collars 64
4 Straddles and Strangles 94
5 Butterflies and Condors 126
6 Calendar Spreads 156
7 Ratio Spreads 190
8 Backspreads 222
Appendix: Final Exam 249
Index 263
Introduction xi
1 The Covered-Write 2
2 Verticals 28
3 Collars and Reverse-Collars 64
4 Straddles and Strangles 94
5 Butterflies and Condors 126
6 Calendar Spreads 156
7 Ratio Spreads 190
8 Backspreads 222
Appendix: Final Exam 249
Index 263
Hands down the definitive guide on spread trading. Must reading for
any professional who wants to learn directly from one of the top
leaders in the options industry."
--Larry Connors, CEO
TradingMarkets.com
"An excellent guide for learning how to trade option spreads.
Saliba offers in-depth discussions on how and when to employ these
advanced strategies and how to manage the risk of each
position."
--Peter Lipski, trader
Pan Capital
"Option Spread Strategies: Trading Up, Down, and Sideways
Markets is an invaluable addition to any market resource
collection. The book concisely walks through the dynamics of spread
strategies and guides the reader though the return and risk metrics
of the trades. . . . This is a must-have book for anyone seriously
undertaking options investing."
-- Chip Norton, Managing Director of Research
Fortigent
any professional who wants to learn directly from one of the top
leaders in the options industry."
--Larry Connors, CEO
TradingMarkets.com
"An excellent guide for learning how to trade option spreads.
Saliba offers in-depth discussions on how and when to employ these
advanced strategies and how to manage the risk of each
position."
--Peter Lipski, trader
Pan Capital
"Option Spread Strategies: Trading Up, Down, and Sideways
Markets is an invaluable addition to any market resource
collection. The book concisely walks through the dynamics of spread
strategies and guides the reader though the return and risk metrics
of the trades. . . . This is a must-have book for anyone seriously
undertaking options investing."
-- Chip Norton, Managing Director of Research
Fortigent
Anthony Saliba is the founder of International Trading Institute, Ltd. (ITI), which has trained thousands of traders worldwide. He is a recognized pioneer and leader in the options industry. Saliba is quoted frequently in the financial media. In July 2007, Saliba's firm, LiquidPoint, LLC, became part of BNY ConvergEx Group, a leading global agency brokerage and investment technology firm. Saliba is a director of BNY ConvergEx Group and continues to serve as president and CEO of LiquidPoint.
Joseph C. Corona is an adjunct instructor at ITI and is a frequent speaker at industry conferences.
Karen E. Johnson serves on the board of directors of ITI.
Joseph C. Corona is an adjunct instructor at ITI and is a frequent speaker at industry conferences.
Karen E. Johnson serves on the board of directors of ITI.
