Make Money Trading Options
(McGraw-Hill, 2021)Make Money Trading Options is the follow-up to Understanding Options, the bestseller that has sold more than 100,000 copies. Readers who have not yet read Understanding Options are strongly encouraged to start there first.
This book is different. Where Understanding Options covers conservative strategies like covered calls, this volume goes further—into short-term, high-risk approaches that can produce fast gains but also fast losses. It is not for the cautious.
What you will learn:
High-risk, short-term option strategies and how to use them
How quickly money can disappear when speculating with options
Ways to reduce—but not eliminate—risk when trading
How to find stocks gapping up in the morning for potential plays
Aggressive strategies not suitable for risk-averse traders
A candid warning: Speculating with call and put options is high risk. Most beginners should limit themselves to selling covered calls—a strategy not covered in this book. The strategies here are for readers who understand the risks, have read Understanding Options, and want to go further anyway.
