Master profitable option trading with the techniques of the pros.
In The Little Book of Trading Options Like the Pros: Learn How to Become the House, a team of veteran options and derivatives traders delivers an expert account of how to master the zero-sum game of options trading. In the book you'll learn how to 'become the house,' consistently making a small amount of money - on average - on each trade, in a similar fashion to a casino in Las Vegas or an insurance company selling insurance policies.
The authors explain how to skip the painful part of the steep options learning curve, showing you how to avoid the most common pitfalls, and become a profitable trader quickly. You'll find:
- A one-stop resource for everyone looking to become a pro-level trader, including a primer on options without fancy math, engaging anecdotes and lots of invaluable institutional knowledge
- A review of the full options ecosystem, and how to position yourself with the odds in your favor, to be a profitable player in this complex trading landscape
- A deep dive into the same strategies and techniques used by professional options traders, without the need for finance degrees or hard-to-obtain experience
- A clear roadmap of how to take the knowledge in the book and turn it into a practical and profitable trading endeavor
Perfect for inspiring day traders, The Little Book of Trading Options Like the Pros is also a must-read book for anyone interested in investing or trading in modern financial markets.
"Michael Green and David Berns show how to make good risk-adjusted returns by taking advantage of structural inefficiencies in the options market. If you trade options or hedge risk by using options, you will gain from learning all their insights."
-DAVID EINHORN, Greenlight Capital
In The Little Book of Trading Options Like the Pros, a team of veteran options and derivatives traders delivers an expert account of how to master the zero-sum game of options trading. Rather than simply gambling in the market as many retail investors tend to do, you'll learn how to trade like an "option market maker," gaining an advantage over less-informed, newbie options traders and making a small amount of money, on average, on each trade, much like the house in Las Vegas or an insurance company selling policies.
A one-stop resource for everyone looking to become a pro-leveltrader, including engaging anecdotes and solid institutional knowledge, The Little Book of Trading Options Like the Pros clarifies the only type of pro trade to make in the options market, with examples of basic trades and why they work well and a wealth of guidance on picking strike and expiry selection.
