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Download The New Options Advantage: Gaining a Trading Edge Over the Markets, Revised Edition epub

by David L. Caplan

Renowned options expert David Caplan shows investors how to analyze probabilities and create options positions that place the odds squarely in their favor. A savvy, streetwise book, The New Options Advantage eschews theory in favor of providing readers with strategies that really work. Completely updated, this edition contains an expanded discussion of volatility, on of the most important factors in options trading. Packed full of insights derived from years of successful trading. The New Options Advantage will appeal to a wide spectrum of traders. Specific topics include: The ``trading edge'' philosophy; Understanding and using option volatility; Identifying and exploiting undervalued and overvalued options; Strategies for different market outlooks; Using a computer to trade options.
Download The New Options Advantage: Gaining a Trading Edge Over the Markets, Revised Edition epub
ISBN: 1557388636
ISBN13: 978-1557388636
Category: Business
Subcategory: Investing
Author: David L. Caplan
Language: English
Publisher: McGraw-Hill; Revised edition (March 1, 1995)
Pages: 225 pages
ePUB size: 1846 kb
FB2 size: 1812 kb
Rating: 4.4
Votes: 900
Other Formats: mbr lrf lrf azw

I have read this book one year after purchasing it and it was just sitting in my book shelf. Now that I read it, it was just revealing. Caplan is a practical options trader. This is one of the best books on options for practical purposes and contrary to some other reviews suggest, this is a book a BEGINNER absolutely needs. It talks about how to choose different strategies during neutral, trend markets in no mincing words.Using technical analysis, Caplan explains buy and selling strategies and also the right timing to use particular strategies. He reminds us that volatility and time value are the most important indicators and should always be number one priority for any options trade. There is something called a FREE trade that he explains which is much more profitable than the usual vertical trade.

Many things to say about the book. It is simple for any one to follow especially a beginner. Of course one has to know the basic jargon like calls, puts, time value and volatility.

Highly recommended.
no real edge found in book
great book, fast delivery
This book is almost as good as Natenberg, and much better than McMillan, Schaffers, and Fontanills. Although it is about options on futures, most of the strategies discussed are applicable to stock options as well.
David Caplan doesn't pull any punches with this book. What you see is what you get. If you want straight forward trading ideas, buy this book. If you want detailed and esoteric volatility analytical tools, buy Natenberg or some of the other PhD's works. What really is great about Caplan is that he is a speculator, he seems to enjoy risk, heck doesn't every options trader. Unfortunately, for most readers, the majority of books on the markets are written for people who despise risk. Caplan exposes a number of techniques that will eliminate a fair amount of the risk that goes with buying outright. However, the best techniques in the book are about selling options. Ask your broker if he agrees and he will probably say no, but I would bet that Caplan has gotten rich on this technique. Sell premium and get rich; buy premium and die broke...
I don't receive his newsletter, I haven't been to any of his seminars and I don't trade with his brokerage. That being said, this book is outstanding in teaching non-complicated option strategies to traders who want to receive an "Edge" in trading. I have been trading futures for 7 years now, and have recently implemented options into my toolbag of strategies. So far, I've made at least 20 times what I paid for this book. You do though, must understand the futures market first. Trying to read this book, before understanding futures in general, will leave you in a daze. In contrast, there are many books who over-do option strategies by trying to explain how they came up with different strategies by using complex mathematical solutions and explaining how these solutions can make you money. If you think your confused reading this book, wait till you read one of those kinds of books! Good Luck everyone
This book is as good or better than any book you will purchase on options. Options can get as technical as you want it to be, or as simple. This book combine simplicity and technical jargon in a language you can understand and apply. Between the charts and the Appendix of every options play you can think of, this is a must in your library.