A detailed, onestop guide for experienced options traders Positional Option Trading: An Advanced Guide is a rigorous, professionallevel guide on sophisticated techniques from professional trader and quantitative analyst Euan Sinclair.
The author has over two decades of highlevel option trading experience.
He has written this book specifically for professional options traders who have outgrown more basic trading techniques and are searching for indepth information suitable for advanced trading.
Customtailored to respond to the volatile option trading environment, this expert guide stresses the importance of finding a valid edge in situations where risk is usually overwhelmed by uncertainty and unknowability.
Using examples of edges such as the volatility premium, termstructure premia and earnings effects, the author shows how to find valid trading ideas and details the decision process for choosing an option structure that best exploits the advantage.
Advanced topics include a quantitative approach for directionally trading options, the robustness of the Black Scholes Merton model, trade sizing for option portfolios, robust risk management and more.
This book: Provides advanced trading techniques for experienced professional traders Addresses the need for indepth, quantitative information that more general, introlevel options trading books do not provide Helps readers to master their craft and improve their performance Includes advanced risk management methods in option trading No matter the market conditions, Positional Option Trading: An Advanced Guide is an important resource for any professional or advanced options trader.