A truly great software engineer does not hope for success. A truly great software engineer designs success into their process. In every process, there is the happy path scenario, whatever happens when everything goes right, and then there are many other scenarios. The software has to be written for all scenarios. As such, the methodology presented here discusses all scenarios that can take place after you place a trade and even takes those scenarios into account in the very design of the trades (the strategies). I believe this is the best way to trade options and that this follows the intent of the existence of the options markets to begin with. Everything we do, suggest, or talk about goes with the flow of the markets. Everything is risk defined, and everything is rather low anxiety. This book isn’t about how fast you can react to market changes, or how good you are at adjusting your positions to keep your options out of the money. Use this book to guide you through the methodology that I follow everyday to reduce my cost basis and generate income while I sleep by selling options.

In Volatility Trading, Sinclair offers you a quantitative model for measuring volatility in order to gain an edge in your everyday option trading endeavors. With an accessible, straightforward approach. He guides traders through the basics of option pricing, volatility measurement, hedging, money management, and trade evaluation. In addition, Sinclair explains the often-overlooked psychological aspects of trading, revealing both how behavioral psychology can create market conditions traders can take advantage of-and how it can lead them astray. Psychological biases, he asserts, are probably the drivers behind most sources of edge available to a volatility trader. Your goal, Sinclair explains, must be clearly defined and easily expressed-if you cannot explain it in one sentence, you probably aren't completely clear about what it is. The same applies to your statistical edge. If you do not know exactly what your edge is, you shouldn't trade. He shows how, in addition to the numerical evaluation of a potential trade, you should be able to identify and evaluate the reason why implied volatility is priced where it is, that is, why an edge exists. This means it is also necessary to be on top of recent news stories, sector trends, and behavioral psychology. Finally, Sinclair underscores why trades need to be sized correctly, which means that each trade is evaluated according to its projected return and risk in the overall context of your goals. As the author concludes, while we also need to pay attention to seemingly mundane things like having good execution software, a comfortable office, and getting enough sleep, it is knowledge that is the ultimate source of edge. So, all else being equal, the trader with the greater knowledge will be the more successful. This book, and its companion CD-ROM, will provide that knowledge. The CD-ROM includes spreadsheets designed to help you forecast volatility and evaluate trades together with simulation engines.

Selling naked options, long considered profitable for professional traders but too risky for most investors, has been surging in popularity. The Complete Guide to Options Selling avoids dry, complex theory and jargon in favor of a simple, direct approach that sophisticated investors can use to produce surprisingly consistent results with only slightly increased risk. This down-to-earth book explains how to apply market fundamentals--while avoiding common options trading mistakes--to make options selling a profitable part of any portfolio strategy.

As the digital economy changes the rules of the game for enterprises, the role of software and IT architects is also transforming. Rather than focus on technical decisions alone, architects and senior technologists need to combine organizational and technical knowledge to effect change in their company’s structure and processes. To accomplish that, they need to connect the IT engine room to the penthouse, where the business strategy is defined. In this guide, author Gregor Hohpe shares real-world advice and hard-learned lessons from actual IT transformations. His anecdotes help architects, senior developers, and other IT professionals prepare for a more complex but rewarding role in the enterprise. This book is ideal for: Software architects and senior developers looking to shape the company’s technology direction or assist in an organizational transformation Enterprise architects and senior technologists searching for practical advice on how to navigate technical and organizational topics CTOs and senior technical architects who are devising an IT strategy that impacts the way the organization works IT managers who want to learn what’s worked and what hasn’t in large-scale transformation

The Option Market still an unknown type of market despite the trillions of dollar negotiated yearly, sometimes more than the stock market. Maybe, it is unknown because it requires a little bit more dedication to understand the concepts. The potential of profit is colossal, since the rentability is much higher than the stock market. This profit can be obtained with training and with skills development. A Senior Trader in option market will be able to engineer and customize his own set of operations and strategies, beyond the classic strategies, and this book will teach how to do it.

A detailed, one-stop guide for experienced options traders Positional Option Trading: An Advanced Guide is a rigorous, professional-level guide on sophisticated techniques from professional trader and quantitative analyst Euan Sinclair. The author has over two decades of high-level option trading experience. He has written this book specifically for professional options traders who have outgrown more basic trading techniques and are searching for in-depth information suitable for advanced trading. Custom-tailored to respond to the volatile option trading environment, this expert guide stresses the importance of finding a valid edge in situations where risk is usually overwhelmed by uncertainty and unknowability. Using examples of edges such as the volatility premium, term-structure premia and earnings effects, the author shows how to find valid trading ideas and details the decision process for choosing an option structure that best exploits the advantage. Advanced topics include a quantitative approach for directionally trading options, the robustness of the Black Scholes Merton model, trade sizing for option portfolios, robust risk management and more. This book: Provides advanced trading techniques for experienced professional traders Addresses the need for in-depth, quantitative information that more general, intro-level options trading books do not provide Helps readers to master their craft and improve their performance Includes advanced risk management methods in option trading No matter the market conditions, Positional Option Trading: An Advanced Guide is an important resource for any professional or advanced options trader.

How to Earn a Monthly Income by Trading Options – With Low Capital In a clear, simple style, this book provides actionable knowledge and guidance essential for trading options, specifically selling options profitably: ● Options terminology, option Greeks, the option chain and open interest ● Understanding the factors that determine option pricing ● Why option selling is more profitable than buying options ● How to select the right options to trade ● How to sell options with relative safety ● Hedged option strategies suitable for individual option traders ● How to avoid common trading mistakes ● How to manage ongoing option trades if they start going wrong ● How to determine where the market is headed in the near term ● Invaluable learnings from the author's successes and mistakes in his real-life trading. "If I can do it, so can you!" says Ashish Singh the author of this book. He adds further: "Who doesn't like money? I do, too. I trade options in order to have a decent second source of income, with relatively low capital, in addition to my salary from a full-time job".

Discover the professional trader''s insider option strategies that make a consistent profit. Naked option buying or naked option selling is a losing game most retailers play, some get lucky and most will not, this is why more than 90% of the traders lose money in options trading, let''s learn how we can be in the top 10% of successful traders who consistently beat market returns. If you''ve bought this book already, you''ve taken a big step forward to equip yourself in options trading, hopefully, you bought it before losing a significant amount of money in the market. If you are someone who is thinking this book is expensive, please don''t think about options trading or any kind of trading for that matter on a live account yet, don''t be offended just hear me out. You''re probably having a small capital and can''t afford to shell out a couple of dollars to learn things, this means when you make any losses in options trading it may affect you psychologically, having this fear by itself prevents you from making any profits. Options trading requires fair capital to make money consistently and make adjustments to trades when things go wrong. This is a skill that can completely change your life and requires investing your time, money, and efforts to learn things before you start trading and make a fortune out of it, is it possible for a common man? Absolutely. Think about becoming a doctor, engineer, or any kind of professional, we pay tuition fees, spend a lot of time reading books, spend years practicing before actually starting to work, or make any money. But sadly no one treats options trading that way and blows up multiple trading accounts. Options trading is a high-risk high-reward game, despite its potential to make you a fortune over time most traders fail to even be profitable. This calls for a need to learn options trading strategies, different dynamics of options trading, by doing so we''ll be able to manage risk, maximize profitability, make a consistent return, handle emotions, grow your trading account over time. This is not a get rich quick scheme kind of book, so if you''re someone who is in looking to become a millionaire overnight this is not a place for you, and best of luck. If you''re someone who is trying to make consistent income from the market, stick around and we''ll learn ways to do that. After completing this book you will be able to: Understand basics of options and how they work practically Understand different jargon used in the options trading Understand the different types of option greeks like Delta, Theta, Vega, Gamma, and Rho. Understand how option greeks impact different option strategies Understand what options strategies are and why they are important Understand different types of option spreads like credit spreads, debit spreads, vertical spreads, ratio spreads, calendar spreads, diagonal spreads, etc. Understand different types of options strategies like an iron condor, straddle, strangle, covered call, butterflies, jade or big lizard, ladder, collar, batman, etc. Understand the advantages and disadvantages of an option buyer and an option seller Understand how advantages can be amplified and disadvantages can be minimized using option strategies Understand how to define risk, reward, probability of a trade. Understand the basics of option synthetics Understand the basics of risk management techniques Understand the basics of option adjustment techniques Apply all the understandings into options trading Don''t skip any chapters before progressing to the next unless you''re an expert, chapters are structured in such a way that earlier topics are used in later parts of the book. This is the first book in this options trading series so follow the publisher for the continuation and more life-changing content.

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.

In Options Made Easy, Second Edition, Guy Cohen clearly explains everything you need to know about options in plain English so that you can start trading fast and make consistent profits in any market, bull or bear! Simply and clearly, the author reveals secrets of options trading that were formerly limited to elite professionals–and exposes the dangerous myths that keep investors from profiting. As you set out on your options journey, you'll learn interactively through real-life examples, anecdotes, case studies, and pictures. Guy Cohen is your friendly expert guide, helping you pick the right stocks, learn the right strategies, create the trading plans that work, and master the psychology of the winning trader. Master all the essentials–and put them to work Options demystified so that you can get past the fear and start profiting! Learn the safest ways to trade options Identify high-probability trades that lead to consistent profits Design a winning Trading Plan–and stick to it Understand your risk profile and discover exactly when to enter and exit your trades Choose the right stocks for maximum profit Screen for your best opportunities–stocks that are moving–or are about to move Discover the optimum strategies for you Match your trading strategies to your personal investment goals No bull! The realities and myths of the markets What you must know about fundamental and technical analysis