The New Option Secret - Volatility: The Weapon of the Professional Trader and the Most Important Indicator in Option Trading

By David L. Caplan

Book Overview

Option master David Caplan reveals how option volatility . . .- Accurately indicates market tops Ft bottoms- Signals which option strategy is best to use- Indicates whether options should be bought or sold- Can be used to increase your probability of profitPlus - discover high-powered strategies for...- Exploiting option market inefficiencies- Using neutral option strategies to trade like a "bookie"- Recognizing and increasing returns by selling overvalued options,- Using "special circumstances" and trading range markets to your advantage- Benefiting from reliable seasonal tendencies in volatility- Volatility charts of the futures' options markets, methods used most frequently by top options traders, common mistakes to avoid - and much more! "For the first time an "insider" has revealed the "secret" of the professional option traders who well "overvalued" options to unsuspecting public traders."-Ken Trester, author of The Complete Option Player"As a professional option trader, I found The Option Secret gave me new perspectives on using 'over and undervalued options.' I only hope others DON'T read it - and get too smart!"-Jon Najarian, option trader profiled in The Supertraders"This book is long overdue. It should not be missed by anyone who trades futures or stocks."-Chris Myers, president, Traders' Library This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 1883272335
• ISBN13: 9781883272333
• Release Date: December 1996
• Publisher: Marketplace Books, Inc.
• Length: 320 Pages
• Weight: 1.70 lbs.
• Dimensions: 0.6" x 8.5" x 11.0"

Customer Reviews

Must read for Trading Options

The book arrived in excellent condition and matched the details as put up on the listing. Gives a detailed understanding of what Options are and how to use them to maximize your gains and protect your investments.

I'm not fond of options....but this is a great book!

Mr.Caplan has put a great spin on option investing. If 90% of options expire worthless why buy them, just sell them. This is where this book shines. I have been involved with futures for 11 years. I have been a broker an investor ...In each instance I have avoided options on futures. With Mr.Caplan's assessment on how volatitlity plays a key role to determining what options to sell and what price to sell them at. I was impressed...

Worth a Read

Though dated and focused on Futures, I found this book to be very helpful. The last 3rd of this book is a collection of articles written by other authors on the subject. Very useful!Why not 5 stars? It is focused on Futures instead of Options in general.This is only mildly annoying as most of the information is relevant to Options.Again, very helpful book.