Product Description
From the nation′s top options expert and best–selling finance author––the very latest strategies in option trading
McMillan on Options is like Buffett on stocks––savvy, street–wise, and always ahead of the investment curve. Which is why results–hungry options traders, institutional investors, and portfolio managers snapped up more than 100,000 copies of his first book, Options as a Strategic Investment, and tens of thousands more exhaustively study his three advisory newsletters. In this eagerly–awaited book, one of the financial world′s leading market makers reveals the very latest in options pricing strategies and hedging techniques. Traders will welcome the definitive coverage of volatility, pricing strategies, hedging techniques, and, of course, the author′s personal options philosophy.
LAWRENCE G. McMILLAN (Randolf, New Jersey) is the editor of The Option Strategist Newsletter. He writes a weekly investment advisory letter, Hedged Options Strategies, and as well as Thompson MacKinnon′s Options Letter, and How to Make Money with Stock Options. He was formerly senior vice president of the Equity Arbitrage Department at Thomas MacKinnon Securities.
From the Inside Flap
McMillan on Options is savvy, streetwise, and always ahead of the investment curve. Thats why results–hungry options traders, institutional investors, and portfolio managers made his Options As a Strategic Investment a bestseller. Now, Lawrence G. McMillan, the countrys top options expert, has written his definitive guide on options trading strategies. Information is the most vital tool an investor can possess, and McMillan on Options is packed with thorough, up–to–date coverage of pricing strategies, hedging techniques, options philosophy, volatility, and risk control. In short, exactly the information you need to stay on top in a continually evolving marketplace. This eagerly awaited book illustrates how to establish self–contained strategies, substitute options for other instruments, and protect your positionwhether its in stock, index, or futures options. McMillan will help you discover ways of applying options that you may not even be aware of. With revealing insights on the predictive power of options, trading systems, and strategies, both short– and long–term investors will appreciate McMillans in–depth coverage of:
- stock, index, and futures options
- a wide range of strategiesand how they can help you make money
- numerous case studies, figures, and examples that illustrate key concepts and ideas
- the methodology of trading, from order entry to data sources
- the integration of theoretical issues with practical applications of techniques, strategies, and trading methods
Illuminated by the authors personal options philosophy, McMillan on Options is the most up–to–date, innovative, and complete options strategy resource available.