Review Options as a Strategic Investment
by LAWRENCE G. MCMILLAN
Description
This revised edition of the original published content is a combination of investing techniques and tactics for various innovative options currently available in the market. This book will help the reader in identifying the right buy or sell strategies, provides rigorous analyses of neutral trading, details a guide for investment decisions, and gives an overview of options and futures.
This book is the ultimate reference to everything you need to know about option trading. This book contains information that even a seasoned investor may not know. The book is divided into various chapters to allow the reader to skim through most of it then simply focus on the chapters that they are interested in. It discusses many investing strategies that have proven to be successful when applied to options trading. Overall, the book is recommended to every trader—from novice to professional—as it is a complete guide to options.
About the Author
LAWRENCE G. MCMILLAN is a professional when it comes to trading. He is the founder and president of McMillan Analysis Corporation. He has been awarded the Sullivan Award for his contribution to the growth and integrity of the US options markets. He has authored finance books and appears on Bloomberg TV and CNBC.
Table of Contents
Part I
Chapter 1 – Definitions
Part II
Chapter 2 – Covered Call Writing
Chapter 3 – Call Buying
Chapter 4 – Other Call Buying Strategies
Chapter 5 – Naked Call Writing
Chapter 6 – Ratio Call Writing
Chapter 7 – Bull Spreads
Chapter 8 – Bear Spreads Using Call Options
Chapter 9 – Calendar Spreads
Chapter 10 – The Butterfly Spread
Chapter 11 – Ratio Call Spreads
Chapter 12 – Combining Calendar and Ratio Spreads
Chapter 13 – Reverse Spreads
Chapter 14 – Diagonalizing a Spread
Part III
Chapter 15 – Put Option Basics
Chapter 16 – Put Option Buying
Chapter 17 – Put Buying in Conjunction with Common Stock Ownership
Chapter 18 – Buying Puts in Conjunction with Call Purchases
Chapter 19 – The Sale of a Put
Chapter 20 – The Sale of a Straddle
Chapter 21 – Synthetic Stock Positions Created by Puts and Calls
Chapter 22 – Basic Put Spreads
Chapter 23 – Spreads Combining Calls and Puts
Chapter 24 – Ratio Spreads Using Puts
Chapter 25 – Leaps
Part IV
Chapter 26 – Buying Options and Treasury Bills
Chapter 27 – Arbitrage
Chapter 28 – Mathematical Applications
Part V
Chapter 29 – Introduction to Index Option Products and Futures
Chapter 30 – Stock Index Hedging Strategies
Chapter 31 – Index Spreading
Chapter 32 – Structured Products
Chapter 33 – Mathematical Considerations for Index Products
Chapter 34 – Futures and Futures Options
Chapter 35 – Futures Options Strategies for Futures Spreads
Part VI
Chapter 36 – The Basics of Volatility Trading
Chapter 37 – How Volatility Affect Popular Strategies
Chapter 38 – Distribution of Stock Prices
Chapter 39 – Volatility Trading Techniques
Chapter 40 – Advanced Concepts
Chapter 41 – Volatility Derivatives
Chapter 42 – Taxes
Chapter 43 – The Best Strategy?
Postscript
Part VII
Appendix A – Strategy Summary
Appendix B – Equivalent Positions
Appendix C – Formulae
Appendix D – Graphs
Appendix E – Qualified Covered Calls
Appendix F- Portfolio Margin
Glossary
Index
