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Informationen zum Autor RON IANIERI is the cofounder and past chief options strategist for Options University, and the founder and Chief Options Strategist of ION Options, his new firm that provides courses, services, and training to aspiring options traders. Ianieri's Option Theory and Trading Course is considered one of the best options training tools in the industry. He has appeared on CNBC, CNN, and Fox Business News. Ianieri graduated from St. Joseph's University in Philadelphia with a degree in finance. Klappentext An accessible guide to understanding and using optionsLeading options educator Ron Ianieri has created a tried-and-true options training program drawing on his years of experience training new traders. The goal of Option Theory and Trading is to give readers the knowledge to select the optimal strategy for a given situation and to implement that strategy in the most cost-efficient way possible. In addition, the book explains the risk of any and all option positions; examines the techniques and costs involved in countering those risks; and shows when and how to exit a losing trade.Ron Ianieri (Boca Raton, FL) is the cofounder and chief options strategist for The Options University, a firm that provides courses and other training materials to aspiring options traders. Ianieri's Option Theory and Trading Course is considered one of the best options training tools in the industry. Zusammenfassung An accessible guide to understanding and using options Leading options educator Ron Ianieri has created a tried-and-true options training program drawing on his years of experience training new traders. Inhaltsverzeichnis Preface xi Acknowledgments xv Part I Understanding Terms and Theory 1 Chapter 1 Options Basics and Terms 3 Calls and Puts 4 Classes and Series 5 In the Money, Out of the Money, and At the Money 7 Premium and Time Decay 9 Intrinsic versus Extrinsic Value 9 Volatility 12 Chapter 2 Calls and Puts 15 Call Options 15 Put Options 16 Chapter 3 Option Theory 19 Option Pricing Models 20 Fundamentals of Pricing Models 21 Types of Pricing Models 25 Inputs of the Options Pricing Model 32 Outputs of the Pricing Model 39 Chapter 4 Option Theory and the Greeks 41 Delta 42 Gamma 52 Vega 57 Theta 68 Second-Tier Greeks 80 Chapter 5 Synthetic Positions 85 Defining Synthetics 86 Synthetic Stock 88 Synthetic Call 96 Synthetic Put 106 Part II Basic Strategies 117 Chapter 6 Introduction to Trading Strategies 119 Directional Trading Strategies 119 In-the-Money, Out-of-the-Money, and At-the-Money Options 123 Leverage and Risk 128 Chapter 7 Covered Call/Buy-Write Strategy 131 Foundations of the Strategy 131 Performance in Different Scenarios 135 Lean 138 Rolling the Position 139 Examples 141 Covered Call/Buy-Write Synopsis 146 Chapter 8 The Covered Put/Sell-Write Strategy 147 Reviewing Selling Short 147 Foundations of the Strategy 148 Performance in Different Scenarios 151 Lean 154 Rolling the Position 157 Examples 157 Covered Put/Sell-Write Synopsis 163 Chapter 9 The Protective Put Strategy 165 Foundations of the Strategy 165 Performance in Different Scenarios 166 Lean 168 When to Use the Protective Put Strategy 170 Examples 172 Protective Put Synopsis 177 Chapter 10 The Synthetic Put/Protective Call Strategy 179 Foundations of the Strategy 179 Performance in Different Scenarios 181 Lean 183 When to Use the Protective Call Strategy 184 Examples 187 Syntheti...
