The Option Trader Handbook: Strategies and Trade Adjustments (Wiley Trading)

The other reviews point out the highlights of this book. I do think this is a worthwhile addition to any intermediate option trader, but I have to say if you are a net option seller there is little direct reference to your strategies. Still lots you can take from it, but not so much directly to your strategies. If you want to learn what to do when the call spread you sold is being threatened, you are not going to get a lot directly related to this. That being the case, buy and learn from it anyways as you will pick up or remember stuff that will make you a better trader. Strategies, tools, and proven solutions for minimizing risk and volatility in option trading The Option Trader Handbook helps readers better understand trade management by providing a thorough compilation of the numerous trade adjustments, hedges, and enhancements that can be made to stock or option positions using derivatives. Dr. George Jabbour is the Director of the Master of Science in Finance (MSF) Program at The George Washington University as well as a professor of derivatives, financial engineering and investments. Dr. Jabbour has published various articles in professional financial journals and regularly speaks at conferences in the United States and abroad regarding option pricing models, financial management, and risk management. He also is a managing director of Global Asset Investments, LLC, an asset management and derivative consulting firm, and CEO of Global Finance Associates, Inc., a financial training, consulting and research company. Dr. Jabbour regularly conducts seminars in option trading and valuation, and is a very active equity and derivative trader. Philip Budwick has a law degree and a Master of Science in Finance and frequently writes articles on option trading strategies and investments. Mr. Budwick is a managing director of Global Asset Investments, LLC and a managing member of Budwick InvestmentGroup, LLC, an option trading and investment software firm. He also conducts discussion groups and offers option investment training through Option Trading Coach, LLC and is an active option and stock trader. Strategies, tools, and proven solutions for minimizing risk and volatility in option trading The Option Trader Handbook helps readers better understand trade management by providing a thorough compilation of the numerous trade adjustments, hedges, and enhancements that can be made to stock or option positions using derivatives. Dr. George Jabbour (Washington, DC) is the Director of the Master of Science in Finance (MSF) Program at George Washington University and the author of numerous papers published in the Journal of Futures Markets. Philip Budwick (Washington, DC) is a frequent contributor to such publications as Optionetics and speaker at conferences on option trading Designed As A Resource For Intermediate To Advanced Traders, The Option Trader Handbook Teaches Both The Science And The Art Of Trade Management, And Offers Numerous Strategies And Techniques For Minimizing Risk And Volatility. The Authors, Both Recognized Experts In The Field, Discuss Stock And Option Positions And Detail The Various Types Of Trade Adjustments That Can Be Made, What Situations Are Appropriate For Each Adjustment, And The Best Time To Make Those Adjustments.--jacket. Trade And Risk Management -- Tools Of The Trader -- Long Stock -- Short Stock -- Calls And Puts -- Spreads -- Combinations. George M. Jabbour, Philip H. Budwick. Includes Index. "Designed as a resource for intermediate to advanced traders, The Option Trader Handbook teaches both the science and the art of trade management, and offers numerous strategies and techniques for minimizing risk and volatility. The authors, both recognized experts in the field, discuss stock and option positions and detail the various types of trade adjustments that can be made, what situations are appropriate for each adjustment, and the best time to make those adjustments."--BOOK JACKET.