The Options Course Second Edition: High Profit & Low Stress Trading Methods (Wiley Trading)

Use this invaluable tool to gain a competitive edge and avert bad investment decisions.Well-known options strategist and instructor George Fontanills has updated his time-tested and bestselling book, The Options Course. The new edition improves and expands upon the original to help you avoid some common and costly options mistakes. The systematic, step-by-step approach, covers everything from basic concepts to sophisticated techniques and is designed for investors at all levels of experience.

Amazon Sales Rank: #209414 in Books Published on: 2005-02-08 Original language: English Number of items: 1 Dimensions: 1.76" h x 6.32" w x 9.48" l, 1.75 pounds Binding: Hardcover 592 pages

Review "I have lectured with George at numerous investment conferences. I've seen these audiences captivated and enthralled by George's ability to translate complicated financial concepts down to a basic level. Miraculously, this book brings that same magic to print. I heartily recommend The Options Course to anyone that wants to get serious about managing their own money."—Jon Najarian, President, Mercury Trading, Inc.; Money Manager, PTI Capital Management; syndicated radio personality"I have known and followed George's work and contributions to this industry for years. In my opinion, if you want to learn the ins and outs of options, this is the man to consult. He has unselfishly helped thousands of others and could probably do the same for you."—Bill Williams, Ph.D., C.T.A., author, Trading Chaos: Applying Expert Techniques to Maximize Your Profits"I believe that the cornerstone of everyone's success lies in the quality of their education and steadfast implementation of that knowledge. George Fontanills provides that quality education to those who are willing to learn, and a simple yet powerful method for trading options."—Joe Tapias, President, Trade Center, Inc. From the Publisher This book presents a full options trading course--Trading 101--by a well-known options trading instructor. George Fontanills, who conducts seminars around the country has put all of his invaluable information and advice into an all-inclusive course that proceeds from introductory concepts to the more sophisticated strategies for the intermediate-level trader. From the Inside Flap The profits made through stocks and options trading have intrigued individual investors for years, yet those who enter this arena unprepared have consistently lost money. If you don't have a firm understanding of the fundamentals of the options market, lack a strategic plan, or fail to manage risk effectively, you won't be trading options for long.Drawing on his years of experience as both a successful options trader and an acclaimed options trading instructor, author and financial expert George Fontanills has crafted a comprehensive course to help you avoid these common, costly, and unnecessary mistakes. In this fully updated Second Edition of The Options Course, Fontanills returns to improve and expand on all the invaluable information and advice he offered in the bestselling original edition of The Options Course.Designed for investors at all levels of experience, The Options Course, Second Edition opens the door to the numerous opportunities offered by this exciting form of trading. Using a systematic, step-by-step approach, this guide will equip you with all the tools—from basic concepts to sophisticated techniques—necessary for successfully integrating options into your trading approach. With clarity, conciseness, and depth of coverage available nowhere else, The Options Course, Second Edition:Provides a solid foundation in the concepts, methods, and strategies of stocks and options tradingExplains how to apply Delta Neutral Trading–a powerful technique for finding optimal trades that produces high returns–to your trading arsenalShows you how to increase profits by making adjustments to trades based on market movementDiscusses the art of risk management and reveals how to protect yourself without giving up profits Examines some of the macroeconomic events that can cause fluctuations in the stock marketDescribes how to spot explosive stock and options trading opportunities through a variety of readily available sourcesOptions are the most flexible financial instruments that exist today, and if used properly, they can provide you with unique investment opportunities on a regular basis. However, the entire options arena can be a very complex and confusing place to venture. By utilizing the many tools and strategies illustrated throughout this book—and paying close attention to the numerous cases presented—you can build up your knowledge base of the markets to a professional level and become a successful stocks and options trader.

Customer reviews more useful for 158 147 people found the following review helpful. Great book for an Introduction to Options Customer This book finally gave up the subject of options in my head. I tried for years by reading newsletters McMillan Schaeffer and the high price (which I lost a lot of money) in order to understand the options. McMillan was too technical for me to understand and Schaeffer ... well it's all about the sale of your newsletters. Fontanille seems to have no agenda and seems genuinely interested in their ideas across to the public. The book introduces the basic concepts and in sufficient detail. The examples are in equities and futures, which I quickly used to it. I have no intention of trading in futures, but they were just examples to get the position. Fontanille he entrusted his company is really like a money manager and stock options. The book goes into more advanced strategies, including the delta neutral examples. It is covered with butterflies, condors, synthetic long and a total of 26 strategies that recently became aware of other people copying the work of Fontanills, but ... then imitate the master copy provided suppose.II also bought a book of options to accompany this book and that helped me test my knowledge. The disadvantage of books is that I kept wanting more and more of this kind, and when I left the book that started again. Oh, the appendix is ​​a summary out.In useful and well-established, this book offers. It is easy to understand, written at my level, not above my head. But all is not theory, but offers a practical application that you started with Mr. Fontanills apply.Thank for taking the time to teach small investors the secrets of his trade.Michelle 70 of 73 people found this review helpful. A complete course in the TradingMarkets Options Fontanills George devotes four of the 18 chapters of Delta-neutral strategy. Excluding the detailed description of the brand strategy Fontanil ', most of the book aimed at beginners After giving a rather detailed description of how he got into the financial market, Fontanil describes some of the economic factors that drive stock prices. Then you go to the part of self-analysis. This section contains information on risk profiles and margin concepts. Regular readers of books will note that many investment publications include a chapter on this topic. Later he moved into a discussion of options as an investment vehicle. All bases are covered, long conversations and puts, short calls and puts, covered writes, positions naked, spreads, strangles and straddles. Each of these is explained and then track, the visually oriented students. Of course, a gem of the book delta neutral strategy that involves both long or short a straddle or strangle. The idea behind this strategy is to help traders to profit in both warp and non-trend-markets where the latter is a very difficult concept for many people, thanks to the great bull market of savvy options traders 1990sThe reviews of the book something more than a refresher course on how much of the material is introductory. In the four chapters of the delta-neutral strategy to address Fontanil gives a detailed description of the system. Having covered what he calls "nuts and bolts," he's talking about more advanced strategies, including butterfly spreads, condors dispersed, the ratio back spreads, and a couple variations of each of these combinations. Fontanil ends with hints of orders and matching open positions.T There are two very important factors when considering all the complex strategies in the book are complex investments with three or more legs is really that much safer and more profitable? Do these strategies actually work in the real world, or are they only good on paper? Many professional option traders will be the first to say just go for long calls and puts are