Bloomberg Financial Series Visual Guide to OPTIONS
"Jared Levy explains options from a professional trader′s point of view without defaulting to just another explication of complex option pricing models. This graphical approach reveals the keys in those models and Jared′s explanations reveal how to trade them. In short a very useful resource!"
Bill Long, Managing Director, The ReThink Group; and Denise Shull, CEO, The ReThink Group and author, Market Mind Games
"I am a very visual trader. It was refreshing to read how my good colleague and friend, Jared Levy, went through chapters on Greeks and Risk Management within a visual setting. I also liked his quotes of Rumi and Sun Tzu, most appropriate for all trader–warriors."
Fari Hamzei, founder, Hamzei Analytics, LLC
The Bloomberg Financial Series Visual Guides cover today′s most relevant finance and trading topics in a comprehensive, yet easy–to–follow style. The content is presented in the most visual of manners thus bringing to life key concepts for finance professionals and truly lives up to the series name by examining concepts in a highly visual way all charts are in color and presented in a large format for ease of use. Other strong visual attributes include consistent elements that function as additional learning aids for the reader, such as: Key Points, Definitions, Step–by–Step, Do It Yourself, and Bloomberg Financial Series Visual Guide functionality.
And for e–reader users, the Bloomberg Financial Series Visual Guides are available as enhanced e–books offering special features, like a Test Yourself section where you can test your newly honed knowledge and skills. The enhanced e–book versions also include video tutorials and special pop–up features. They can be purchased wherever e–books are sold.
How to Use This Book ix
Chapter 1: The World of Options 1
Chapter 2: Tools and Knowledge for Trading Options Professionally 51
Chapter 3: Visualizing the Greeks 105
Chapter 4: Visualizing Basic Strategies: Trading Calls and Puts 139
Chapter 5: Visualizing and Trading Vertical Spreads 233
Chapter 6: Visualizing and Trading Butterflies, Condors, and Complex Spreads 287
Chapter 7: Managing Your Risk: Tactics, Tips, and Volatility Tricks 329
Appendix: Bloomberg Functionality Cheat Sheet 375
About the Author 377