Profit With Options: Essential Methods for Investing Success

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John Wiley & Sons, Oct 22, 2002 - Business & Economics - 288 pages
2 Reviews
A comprehensive guide for beginners by the leading authority on options

Whether the markets are moving up or down, options remain one of the most attractive instruments for all investors. Profit with Options is a beginner's guide to trading options, delivered in clear and engaging manner by options guru Lawrence McMillan. Starting with a basic explanation of terminology, McMillan explains complete trading methodologies with chapters on direct and contrary indicators, protecting a stock portfolio, and trading volatility. The "Q&A" section in each chapter offers readers a chance to test their knowledge in real life trading situations. Whether you are looking for new investment sources in a bear market or seeking hedge protection in a bull, Profit with Options is a lively, one-stop reference and vital tool.

Lawrence C. McMillan is the President of McMillan Analysis Corporation. He publishes the newsletter The Option Strategist and the innovative fax service "Daily Volume Alerts," updating investors on unusual increases in equity option volume. He is the author of the bestselling Options as a Strategic Investment and McMillan on Options (Wiley: 0-471-11960-1).

 

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Good overview of options strategies

Contents

Chapter 1 Introduction
1
Chapter 2 Options as Direct Indicators
31
Chapter 3 Options as Contrary Indicators
79
Chapter 4 System Trading
123
Chapter 5 Protecting a Stock Portfolio
163
Chapter 6 Trading Volatility
179
Chapter 7 Buy Low and Sell HighVolatility That Is
211
Answers to Review Questions
251
Glossary
267
Index
271
Copyright

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Page 10 - A = January E = May I = September B = February F = June J = October C = March G = July K = November D = April H = August L = December The...
Page 13 - F = January K = May U = September G = February M = June V = October H = March N = July X = November Also, since futures contracts can span several years, a single digit is used to describe the expiration date. Therefore, the symbols "H3" would indicate March of the year 2003.
Page 11 - If the underlying is trading at levels greater than 100, the strike prices codes refer to the last two digits of the strike price. For example, IBM might be trading near 150.
Page 1 - Options were traded over-the-counter for years, but in 1973 the Chicago Board Options Exchange (CBOE) was formed and the innovations that they brought to the marketplace have resulted in the huge market we now have for listed options.

About the author (2002)

LAWRENCE G. McMILLAN is President of McMillan Analysis Corporation. As the foremost authority on options, Mr. McMillan is the publisher of The Option Strategist, a leading advisory newsletter for the options community, and creator of the innovative fax service "Daily Volume Alerts," which updates investors on unusual increases in equity option volume. He is also the bestselling author of two books: Options as a Strategic Investment and McMillan on Options (Wiley). Mr. McMillan has spoken on options strategies at hundreds of seminars and colloquiums in the United States, Canada, and Europe. In addition to touring, speaking, and writing, he uses his knowledge to trade his own accounts actively in the options markets. Formerly a senior vice president in charge of the Equity Arbitrage Department at Thomson McKinnon Securities, Inc., Mr. McMillan is also a "Trader's Hall of Fame" award winner.

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