Get Rich With Options: Four Winning Strategies Straight from the Exchange Floor (Agora Series)
In order to survive and thrive in today's financial markets, you must seriously consider the use of options in your investment endeavors. Options allow you to reap the same benefits as an outright stock or commodity trade, but with less risk and less money on the line. The truth is, you can achieve everything with options that you would with stocks or commoditiesat less costwhile gaining a much higher percentage return on your invested dollars. After numerous years as a market maker in the trenches of the New York Mercantile Exchange, few analysts know how to make money trading options like author Lee Lowell. In this well-rounded resource, Lowell shows both stock and commodity option traders exactly what works and what doesn't.
Filled with in-depth insight and expert advice, Get Rich with Options provides you with the knowledge and strategies needed to achieve optimal results within the options market. The book quickly covers the basicshow options are priced, strike price selection, the use of Delta, and using volatility to one's advantagebefore moving on to the four options trading strategies that have helped Lowell profit in this arena time and again: buying deep-in-the-money call options, selling naked puts, selling option credit spreads, and selling covered calls. Using these strategoes decisively, he says, is the fastest route to riches in the options trading game.
Get Rich with Options is packed with real-life examples of actual trades and detailed discussions of how options can be used as a hedging, speculating, or income-producing tool. You'll learn how to set up a home business with the best options trading software, tools, and Web sites. And you'll begin to see options in a whole new light and discover how to become part of a small group of investors who consistently win.
Author:Lee Lowell
Hardcover:
240 pages
Company:Wiley
(2007-01-02)
ISBN:0470046619
List Price:$45.00
Amazon Price:$23.99
Used Price:$20.00
Author:Jeffrey Reiman
Raised in the impoverished South Side of Chicago, Farrah Gray defied the odds and became a self-made millionaire by the age of fourteen. His success is due, in part, to his emphatic rejection of the most pervasive lies about what it takes to succeed. In Get Real, Get Rich, Dr. Gray debunks seven common myths that people perceive as barriers to achieving their goals, in chapters such as The Born Lucky Lie, The Money Lie, and The Work Hard Lie. Listeners are presented with a new way to think about the road to wealth, as well as practical strategies they can use to propel themselves toward success.
