Managing Expectations: Driving Profitable Option Trading Outcomes through Knowledge, Discipline, and Risk Management
| Author | : | |
| Rating | : | 4.71 (876 Votes) |
| Asin | : | B01N6XSOM3 |
| Format Type | : | |
| Number of Pages | : | 387 Pages |
| Publish Date | : | 2014-03-29 |
| Language | : | English |
DESCRIPTION:
Saliba was the only options trader featured in Jack Schwager's Market Wizards. I learned first-hand all about Butterflies, Straddles, Strangles, Ratio Spreads, Calendar Spreads, Iron Condor Spreads…such a gift to a aspiring options trader. Perhaps that focus and attention to detail was born from early failures—as if often the case with talented traders—which forged in Saliba a desire learn all he could about options. You can sell a Long Call and go flat taking profits, but you can also deploy several other tactics to prolong profitability. Managing Expectations also shows readers how to roll positions. There is a full compliment of studies on first and second order greeks including gamma, delta, vanna, and vomma. Advance Praise for Managing Expectations"I was given an advance copy of Managing Expectations by Tony Saliba, one of the original Market Wizards, which is being released next month. - Michael McGuireOptions trading legend Anthony Saliba delineates his trading ethos for the first time in Managing Expectations. This includes the strategies and tactics he used to achieve 70 consecutive months of profitable options trading.In Managing Expectations, Saliba shows options traders how to trade options while navigating the markets for volatility and opportunity. - Chris Hausman, Portfolio & Chief Technical Strategist, Swan Global InvestmentsTony was an incredible options teacher to me without hi
"Excellent book" according to Mike F. Fantastic review of basic and advanced concepts in options trading. A must read for serious traders. I definitely worth the money.. Academic Waste of Time If you want to read and study the greeks like a graduate student, this is the book for you. If you want to learn to apply spread strategies to trading success, look elsewhere.. Highly technical, I don't feel it is beneficial for Highly technical, I don't feel it is beneficial for the average trader, but maybe for the high end, thousands of options contract trader holding large positions.
When I was on the trading floor, I was raised on the Sheldon Natenberg book, Option Volatility & Pricing, but this is even better. "I was given an advance copy of Managing Expectations by Tony Saliba, one of the original Market Wizards, which is being released next month. I think it's going to be the new standard by which all options books are judged." - Jared Dillian, author of Street Freak and Mauldin Economics 10th Man.