Options as a Strategic Investment
(4th Edition) by Larry McMillan
If you have any interest in options whatsoever, this is the book - Greg Morris.
A Note from the Author
Options As A Strategic Investment is considered the bible of the industry by many traders. When I wrote the first edition (1980), there were no futures options, there were no index options, and put options had just recently begun trading -- and were available on only a few stocks. Since then, all of these markets and many others have become very active. That's why I've kept updating the book every few years. The latest edition -- in addition to updating all the facts and figures regarding the basic strategies -- spends a great deal of time on the strategy I prefer to utilize the most in my own trading: volatility trading. As always, I've tried to offer a complete, clear, and concise explanation of all the concepts involved.
--Lawrenece G. McMillan
Book Description
Reflecting today’s market realities and the new innovative options products available, this fourth edition features an in-depth analysis of volatility and volatility trading; updated information on all stock option strategies, reflecting recent market conditions; buy and sell strategies for Long Term Equity Anticipation Securities (LEAPs); detailed guidance for investing in the growing field of structured products; the latest developments in futures and futures options; and the market impact of the most recent changes in the margin rules.
Packed with graphs and charts to clarify profit and loss potential, margin requirements, and criteria for selection of a position, this classic remains an indispensable resource for investors determined to master the world of options--and profit.
About the Author
Lawrence G. McMillan is the editor of The Option Strategist Newsletter and the author of numerous articles on options and investment trading. Formerly senior vice president of the Equity Arbitrage Department at Thomson McKinnon Securities, he currently publishes newsletters and gives seminars on options, manages money for private clients and trades his own account.
Hardcover: 1001 pages
Publisher: Prentice Hall Press; 4th Edition (April 3, 2001)
