The market in listed options and non-equity option products provides investors and traders with a wealth of new, strategic opportunities for managing their investments. This updated and
revised Third Edition of the bestselling options book of al time gives you the latest market-tested tools for maximizing the earnings potential of your portfolio while reducing downside risk-no matter how the market is performing.

Inside this expanded edition are scores of proven techniques and business-tested tactics for investing in may of the innovative new options products available. For example, you’ll find:

- Buy and sell strategies for Long Term Equity Anticipation Securities (LEAPs)

- A thorough analysis of neutral trading, how it works, and various ways it can improve your overall profit picture

- Detailed guidance for investing in Preferred Equity Redemption Cumulative Stocks (PERCS), and how to hedge them with common and regular options

- An extensive overview of futures (more…)

Jacket Description:
Avoiding Option Trading Traps
* What to Look For
* Strategies for Success
with Larry McMillan
“I was right – but I’m still losing money.” Sound familiar? Frustrations abound in the options arena. Learning what to expect, and how to react, are the real keys to option trading success. Now, renowned author and “Trader’s Hall of Famer” Larry McMillan shows you how to avoid the 5 most common – and costly – mistakes option traders make.
Benefit from the guidance of this options guru, as he highlights the 5 major problem areas traders frequently fall victim to. McMillan shows you what to do in typical tough spots – and how to avoid them in the future. Master his methods for …
- Using put-call ratios as a critical timing tool
- Picking the right option for your trading style & goals
- Deciding how many dollars to risk
- Determining the correct number of options to buy
- Creating a scenario for covered call writing play
Not a “how to trade” course – this (more…)