Download or read book Profiting with Iron Condor Options written by Michael Benklifa and published by FT Press. This book was released on 2011-01-19 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a straightforward approach, Hanania Benklifa provides readers the practical knowledge needed to trade options conservatively in Profiting with Iron Condor Options: Strategies from the Frontline for Trading in Up or Down Markets. The objectives are simple: make 2%-4% a month staying in the market as little as possible. Market experts use option condors to consistently earn monthly returns while trading conservatively and staying in the market as little as possible. Benklifa--who manages $10+ million in condor trades each month--shows you exactly how to run these trades and earn these returns, delivering all the details you need to master every nuance of this remarkable strategy. Benklifa shares option condors examples using market realities, not oversimplified abstractions. You’ll learn how to handle real-life market dynamics that can dramatically impact results, including rising and falling volatility, changing bid-ask spreads, and distorted call parity. You’ll learn how to profit in the sideways markets where condor options are most widely used--and also in extreme-trending markets that offer their own surprising opportunities. Traders who focus on a specific type of trade have a history of outperforming stock pickers and directional investors. This book will give you that deep and usable level of knowledge about one of today’s most well-proven strategies: option condors.

Download or read book Iron Condors written by Mark D Wolfinger and published by Options for Rookies. This book was released on 2014-07-28 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Iron Condors is the third book in the "Best Option Strategies" series and each offers a hands-on education for some of the most useful option strategies. It is intended to be very different from all other books about iron condors. Expect to learn the basic concepts of trading iron condors: (1) How to decide which options are suitable for your iron condor. Know in advance that there is seldom a single 'best' position that suits all traders; (2) Ideas -- with specific examples -- on how to manage risk; (3) Figuring out when to exit. We'll discuss the pros and cons of locking in profits quickly (not a good idea) vs. holding longer (but not too long). There is more that makes this book so special. It is not just a "how to" book because I share lessons learned from a lifetime of trading options (starting in 1977 when I became a CBOE market maker). I share my philosophy on iron condor trading and ideas on how a winning trader thinks. The goal is to offer guidance that allows you to develop good trade habits and an intelligent way of thinking about trading. We all learn as we gain experience, but some experience can be destructive when mindsets -- that are dangerous to your longevity as a trader -- become ingrained habits. This book helps traders avoid developing a difficult-to-break way of thinking. This book was prepared for an audience that already understands the most basic concepts about options. Although some of the material is suitable for rookies. If you do not understand the difference between a put and call or have zero trading experience, I encourage you to begin with the most basic concepts about options before continuing. There are numerous sources of information, but I recommend my recently updated (2013) The Rookie's Guide to Options, 2nd edition. Another decision involves the pre-planned (I encourage preparation of a trade plan for each trade) exit when the target profit is achieved. If you have no profit target, then you will be hard pressed to exit when the trade continues to earn money. As profits accumulate, it becomes a daily decision: hold or exit. It is important to recognize when there is too little remaining profit potential for the prudent trader to hold. The trade plan helps with making good and timely decisions -- and that makes you a more disciplined trader. Closing the position could also be a gut-wrenching decision that locks in a loss and is made because it has become essential to take risk-reducing action. The book offers a solid introduction to risk management for iron condor traders. The following points represent the foundation of my beliefs, and the book is written accordingly: (1)The ability to manage risk is the most important skill for any trader; (2) Take time to learn about the Greeks. It is not difficult, and it allows you to recognize the risk (and reward) potential for any position; (3) Discipline is necessary when managing risk. It is one thing to say that you understand what risk management is all about, but it is another to put it into practice; (4) Let another trader earn the last nickel or dime on the call and put spreads that comprise the iron condor. Pay a small sum to exit, lock in profits, and eliminate all risk. The iron condor is most often traded as a single transaction, consisting of four legs. However, it is managed as if it were two positions. This is not a contradiction. This mindset is covered in detail

Download or read book Iron Condor Spread Strategies written by Jared Woodard and published by Pearson Education. This book was released on 2011-03-29 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the eBook version of the printed book. The expert assistance you need to execute more profitable iron condor option trades. Iron condors have become popular, but there is little detailed or quantitative information about the best way to employ them. As participants in 2008’s crash and 2010’s bull market can attest, “set it and forget it” is not ideal. I’ll discuss when to enter a condor spread, introduce key structuring techniques and considerations, and present back-tested returns for selected strategy variations.

Download or read book Iron Condor Options for Beginners written by Freeman Publications and published by Independently Published. This book was released on 2020-09-04 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: If You Are Afraid to Leave Your Money in the Markets Right Now... This simple, repeatable iron condor options strategy could make you $1,000s extra every month from home, with your laptop or smartphone. And you want a low-risk way to "repair" some of the financial damage caused by the coronavirus crash... There's a unique situation in the market you can take advantage of today. Smart traders have been using this strategy for years to make thousands of dollars per week - with much less risk than buying stocks... and no matter what the market is doing... Legendary investor Warren Buffett - one of the most conservative investors in the world - uses this strategy too. That's one reason why conservative financial journal Barron's calls it: "One of the greatest strategies in existence..." Now, we know what you might be thinking: "Options are risky, right?" The simple answer is no. You see, options are one of the most misunderstood investments in the world. Most folks buy options for risky speculations. You can lose your shirt that way, and fast... especially if you don't know what you're doing. But the way we do it, you sell options. And when you do that, you can make great gains without needing to guess which direction a stock is going. Gains like... SPY - $360 from a single trade Disney - $440 from a single trade Netflix - $1,220 from a single trade Here is just a fraction of what you'll discover inside this book: The "instant cash" options strategy which immediately deposits money into your trading account- Page 33 10 effective ways to master the mental side of trading - Page 112 The 5 best low-commission brokers for beginner options traders - Page 88 Trade options like Warren Buffett? The world's greatest investor has used this specific strategy to make $4.9 Billion over the past decade - Page 17 3 live Iron Condor trades with different adjustments strategies for each one. Many traders struggle with adjustments, so we show you different "in the trenches" examples on real trades - Page 81 How to avoid overadjusting your trades. An extensive backtest reveals the surprisingly simple strategy which you can use to automate your profits - Page 73 A simple formula for accurately calculating your potential ROI from each trade - Page 70 The binary trap: Why you should never use an iron condor to trade earnings - Page 55 3 "non-negotiable" trading rules. Adhere to these and you will be ahead of 90% of amateur traders - Page 105 Should you trade SPY or SPX? The surprising answer is on Page 60 We tested 71,417 trades and found the best VIX level to enter your trades at - Page 54 ...plus $135 worth of free bonus material inside! You don't need to have any experience to profit. Nor do you need to monitor the markets 24/7. This is the perfect strategy to use in your spare time. Because you can make extra income with just 1-2 trades per month. And contrary to what many folks believe, becoming a "master" doesn't have to take years and thousands of hours of study. If you have a small account, this is one of the few ways you can turn it into a BIG account, with large, consistent income streams. Once you master the fundamental secrets of the options market, someday soon you could treat your family to a vacation... upgrade the house... or buy that sports car you've had your eye on. Even if you've never traded options before, everything inside is written in plain English, with clear definitions for everything. With real examples for all the concepts inside. So to get a head start on making consistent profits in the options market today, scroll up and click "add to cart"

Download or read book Option Strategies for Directionless Markets written by Anthony J. Saliba and published by John Wiley & Sons. This book was released on 2008-03-27 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: Making great trades in a directionless market can be a challenge, and directionless markets occur more frequently than bull and bear markets combined. Options pioneer Anthony J. Saliba provides the tools and tactics needed to take advantage of a sideways market. Saliba focuses on strategies in the butterfly family of options: butterflies, condors, and iron butterflies, showing how to the use these sophisticated tools in directionless markets. This hands-on guide illustrates numerous market scenarios to show you step-by-step how and when to apply these butterfly strategies. You’ll find out how to identify, enter, manage, and exit a trade. Exercises and quizzes test your comprehension to make sure you have the knowledge to tackle directionless markets.

Download or read book Iron Condor written by Ernie Zerenner and published by Marketplace Books. This book was released on 2010-02 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sure, everyone takes notice when the stock market rises dramatically-or suddenly plunges-but do you realize that most of the time, the stock market is doing nothing but making very slight deviations from the previous day, week, month, and year? What you need is the strategy that generates returns in the most common market condition-when the market is trading sideways. The Iron Condor is that strategy, and this book will teach you how to master it. When other strategies, meant to be used in big market moves, underperform-the iron condor will enable you to generate income because it is a combination of two popular leverage options strategies: the bull-put credit spread and the bear-call credit spread, one of which will always be profitable. It's no surprise that it is the go-to strategy the most experienced options traders use. Iron Condor: Neutral Strategy for Uncommon Profits introduces you to this strategy with concepts, ideas, and rules of thumb gleaned from the PowerOptionsApplied newsletter's successful trading of the iron condor over the past five years. But this book goes deeper than just theory and concept to bring you real-world examples featuring real profits and actual mistakes. From the professional experiences shared in this guide, you will learn to: Search for, find, analyze, enter, manage, roll, and exit the iron condor strategy Select the right security, including indexes and ETFs Determine the right broker to use when placing an iron condor trade Reduce and manage risk involved with trading iron condors Optimize the strategy for maximized returns Complete with profit and loss diagrams and actual calculations, fact-based statistics and probability, this book gives you the knowledge you need to put the iron condor to work-and see how powerful this strategy can be for you. With a combined 30 plus years of experience, both authors have tremendous knowledge of options investing. It was Ernie Zerenner's breakthrough technology that earned a patent and became PowerOpt.com, which supports his covered call investments. Power Financial Group Inc. is the trading company Ernie established in 1997. Today, Ernie and his staff at Power Financial continue to innovate and seek ways to help investors grow through options trading. Book jacket.

Download or read book The Monthly Income Machine written by Lee Finberg and published by . This book was released on 2010-07-13 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Monthly Income Machine is NOT just another book that simply defines option terms, strategies, and when you might use various speculative approaches.It reveals instead a specific, detailed list of exact entry and trade management rules for the conservative investor seeking reliable monthly income... up to 8-10% per MONTH Return on Investment (ROI).The technique it offers is suitable for regular accounts, retirement accounts and any investor wanting to consistently seek profit from the markets with minimum and controllable risk.When the reader finishes this readable step-by-step guide to risk-adverse income investing, he will see why the principle it is built on is the way many pro's invest.

Download or read book The Option Trader s Hedge Fund written by Dennis A. Chen and published by FT Press. This book was released on 2012-05-18 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, a hedge fund manager and an option trading coach show you how to earn steady, reliable income selling options by managing your option trades and running your option portfolio as a real business with consistent, steady returns. Packed with real-world examples, the authors show you how to manage your own “one man” hedge fund and make consistent profits from selling options by applying the basic framework and fundamental business model and principles of an “insurance company”. This framework helps you to apply your option trading strategy to a solid, predictable, business model with consistent returns. For someone who has some knowledge of trading options and wants to become a consistent income earner. The authors provide a complete “operations manual” for setting up your business. Gain pearls of wisdom from both a professional options trader and coach, and from a hedge fund manager focused on managing an options based portfolio.

Download or read book The Complete Book of Option Spreads and Combinations written by Scott Nations and published by John Wiley & Sons. This book was released on 2014-10-08 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: Get a handle on option spreads to hike profit and squash loss The Complete Book of Option Spreads and Combinations is the definitive educational resource and reference guide for using option spreads and other common sense option strategies. This useful guide shows readers how to select the right strategy for their market outlook and risk/reward comfort level by describing the inner workings of each strategy and how they are affected by underlying market movements, implied volatility, and time decay. Even more importantly, readers will understand where each strategy performs well, and the market conditions where each should be avoided. Once the proper strategy is selected, readers will learn how to identify the best options to use based on "moneyness" and time to expiration. The companion website features tools including an option pricing tool and implied volatility calculator to help all traders implement these concepts effectively. There are many different types of spreads, and while less risky than other option strategies in general, they are more complex, with more variables to monitor. This guide serves as a handbook for the trader wanting to exploit options to the greatest possible benefit. Generate monthly income by selling covered strangles Use call spreads to recover from a losing stock position Protect an existing stock position using put diagonals Discover the best strategies for directional market plays Option spreads are a great tool for traders who would rather be an option seller but who need to limit their risk. The Complete Book of Option Spreads and Combinations identifies those strategies that benefit from option erosion but that limit risk. If managed properly, spreads can provide both novice and experienced investors with the potential for a large return while limiting risk. Electronic trading platforms and reduced brokerage commissions have increased option spread trading, which should occupy a spot in every savvy investor's toolkit. Comprehensive and authoritative, The Complete Book of Option Spreads and Combinations provides a valuable manual and lasting reference.

Download or read book No Hype Options Trading written by Kerry W. Given and published by John Wiley & Sons. This book was released on 2010-12-23 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: A straightforward guide to successfully trading options Options provide traders and investors with a wide range of strategies to lock in profits, reduce risk, generate income, or speculate on market direction. However, they are complex instruments and can be difficult to master if misunderstood. No-Hype Options Trading offers the straight truth on how to trade the options market. In it, author Kerry Given provides realistic strategies to consistently generate income every month, while debunking many myths about options trading that tend to lead retail traders astray. Along the way, he makes a conscious effort to avoid complex strategies that are appropriate only for market makers or professional traders, and instead focuses on low-risk strategies that can be easily implemented and managed by a part-time trader. Shows how you can use option spreads in conjunction with stocks to produce a regular stream of income Each chapter includes exercises to help you master the material presented Examines how you can adjust option positions as market conditions change in order to maintain an optimal risk/reward profile Written for anyone interested in successfully trading options, this reliable resource cuts through the hype and misinformation that surrounds options trading and presents a realistic path to profits.

Download or read book How To Trade Options Swing Trading Iron Condors Exclusive Guide written by Daneen James and published by Trading With Insight. This book was released on 2024-04-10 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: Learn How to Swing Trade Options using Iron Condors! In this guide, we'll cover an overview of stock options and why they are arguably better to trade than traditional shares of stock. You'll learn all about Iron Condors and the #1 thing you need in order to earn an income from your trading. Not only that, but we'll show you how to profitably manage your trades if price starts moving against your. After all, every trader will have some losses... but wouldn't it be great if you were able to limit those losses or even turn those losing trades into winners? We're also going to show you our "secret weapon" when it comes to trading options that helps us find winning trade setups 10x faster than before. Plus, we'll show you how you can start winning more trades with one simple tool. Get your copy today!

Download or read book The Bible of Options Strategies written by Guy Cohen and published by Pearson Education. This book was released on 2005 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents today's most effective strategies for trading options :how and why they work, when they're appropriate, when they're inappropriate, and how to use each one responsibly and with confidence. This book will help you identify and implement the optimal strategy for every opportunity, trading environment, and goal.

Download or read book Trading VIX Derivatives written by Russell Rhoads and published by John Wiley & Sons. This book was released on 2011-08-09 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: A guide to using the VIX to forecast and trade markets Known as the fear index, the VIX provides a snapshot of expectations about future stock market volatility and generally moves inversely to the overall stock market. Trading VIX Derivatives will show you how to use the Chicago Board Options Exchange's S&P 500 volatility index to gauge fear and greed in the market, use market volatility to your advantage, and hedge stock portfolios. Engaging and informative, this book skillfully explains the mechanics and strategies associated with trading VIX options, futures, exchange traded notes, and options on exchange traded notes. Many market participants look at the VIX to help understand market sentiment and predict turning points. With a slew of VIX index trading products now available, traders can use a variety of strategies to speculate outright on the direction of market volatility, but they can also utilize these products in conjunction with other instruments to create spread trades or hedge their overall risk. Reviews how to use the VIX to forecast market turning points, as well as reveals what it takes to implement trading strategies using VIX options, futures, and ETNs Accessible to active individual traders, but sufficiently sophisticated for professional traders Offers insights on how volatility-based strategies can be used to provide diversification and enhance returns Written by Russell Rhoads, a top instructor at the CBOE's Options Institute, this book reflects on the wide range of uses associated with the VIX and will interest anyone looking for profitable new forecasting and trading techniques.

Download or read book The Rookie s Guide to Options written by Mark D. Wolfinger and published by Traders Press. This book was released on 2008 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Learn to use options from veteran option trader Mark D. Wolfinger, who spent more than 20 years on the floor of the Chicago Board Options Exchange (CBOE). If you are a seasoned stock trader or a casual investor who dabbles in mutual funds, this book is for you.

Download or read book The 3 Best Options Strategies For Beginners written by Freeman Publications and published by . This book was released on 2022 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: Stop settling for non-existent savings account rates and bank CDs which pay less than 1%... and start making your investments work for you again... If you're worried about the current market uncertainty, these 3 options strategies are your antidote to chaos. You can use them to generate consistent returns, no matter what happens to your stock. Making it the perfect income strategy, because you can use covered calls, credit spreads & iron condors to create instant cash, with premiums paid directly into your brokerage account. Even if you know nothing about options, this book will get you right up to speed. Here is just a fraction of what you'll discover: - The 6 criteria we use to select the best stocks to write covered calls on - The vital difference between covered and uncovered calls - Options Greeks explained in 10 minutes - 3 rules for adjusting your covered call - How to use covered calls to lower the purchase price of stocks you already own - The 8 criteria we use to select the best stocks to write credit spreads - The only 3 technical indicators you need to know for credit spreads. Ignore everything else, you only need these 3 beginner friendly metrics to get started - 10 effective ways to master the mental side of trading - The 5 best low-commission brokers for beginner options traders - Trade options like Warren Buffett? The world's greatest investor has used this specific strategy to make $4.9 Billion over the past decade - 3 "non-negotiable" trading rules. Adhere to these and you will be ahead of 90% of amateur traders - Exactly what level the VIX should be at before you sell a spread. A backtest implementing this one tweak made the strategy 50% more profitable over 10 years worth of trades ...and much, much more! Plus, inside the book you get free access to a 9 part video course covering every aspect of profitable investing So even if you've never used options before, the book walks you through everything step by step. You'll find everything explained in plain English, free from technical jargon. Even if you get stuck, you can always send us an email (provided inside the book) or reach out in our private investing community on social media - we're always happy to help with any questions you might have. And remember... bank CD's will only pay you between 0% and 1%... the dividend yield on the S&P 500 is around 2%... and 5 to 10 year municipal bonds will only pay between 2% and 3%. But if you use what's inside this book, you could have the opportunity to earn so much more than that. And when you receive just a single premium from one of these trades (which is paid into your account instantly) it will cover the cost of this book 10x over.

Download or read book Big Money Less Risk written by Mark Larson and published by John Wiley & Sons. This book was released on 2008-11-18 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: Big Money, Less Risk: Trade Options will put the income boosting power of strategies like writing covered calls, selling naked put options, and placing vertical spread trades or iron condors in your hands. Mark Larson has become one of the most sought after trading educators because of his ability to make once elusive investment approaches accessible to every trader. Success in the stock market is determined by consistently making money every month, not closing your eyes and hoping you can afford to retire. With this book, Larson divulges the secrets to making your money work for you instead of having to work for your money. Ever dream about making 30% in one month? Big Money, Less Risk: Trade Options will put the income boosting power of strategies like writing covered calls, selling naked put options, and placing vertical spread trades or iron condors in your hands. Mark Larson has become one of the most sought after trading educators because of his ability to make once elusive investment approaches accessible to every trader. Success in the stock market is determined by consistently making money every month, not closing your eyes and hoping you can afford to retire. With this book, Larson divulges the secrets to making your money work for you instead of having to work for your money. Inside you'll learn: How to repeatedly make money when the market goes up or down. Investment strategies that allow for huge returns with the use of very little money. How to purchase good stocks at discount prices. How to make significant returns even if you are wrong on the trade. Larson will alo cover the importance of option pricing, implied volatility, the Greeks such as delta, theta, and gamma, and the probability of your option expiring profitable. Most important, you will get, in plain English, some of his favorite technical indicators and the key to how they will form the basis of your options trading success.

Download or read book Your Options Handbook written by Jared Levy and published by John Wiley & Sons. This book was released on 2011-03-08 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive yet simplified guide to the complex world of options investing and risk management Before trading derivatives, one needs to understand the secrets and mechanics behind the options market. Your Options Handbook: The Practical Reference and Strategy Guide to Trading Options offers a straightforward, practical explanation of the options marketplace, including its origins, the mechanics of the market, and how to profit from trading options. Walks you through the stock and option markets from a professional's perspective, but uses plain language and simple analogies Discusses different trading strategies based upon whether one's opinion of the market is bullish, bearish, or neutral Details market players, useful tips, and trading psychology, and explains how options are priced Options are a versatile trading instrument that typically cost less and can have lower risk than stocks. They also offer investors a unique edge and lucrative opportunities that are not available to stock only traders. Your Options Handbook helps investors fully understand the options market, allowing them to enter the sector with greater ease.