Options As a Strategic Investment (4th Edition Study Guide)
| Author | : | |
| Rating | : | 4.15 (765 Votes) |
| Asin | : | 0735202389 |
| Format Type | : | paperback |
| Number of Pages | : | 176 Pages |
| Publish Date | : | 0000-00-00 |
| Language | : | English |
DESCRIPTION:
. 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. 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
The market in listed options and non-equity option products provides investors and traders with a wealth of new, strategic opportunities for managing their investments. Inside this revised edition are scores of proven techniques and business-tested tactics for investing in many of the innovative new options products available. You will find: •Buy and sell strategies for Long Term Equity Anticipation Securities (LEAPS) •A thorough analysis of neutral trading, how it works, and various ways it can improve readers’ overall profit picture •Detailed guidance for investing in Preferred Equity Redemption Cumulative Stocks (PERCS) and how to hedge them with common and regular options •An extensive overview of futures and futures options Written especially for investors who have some familiarity with the option market, this comprehensive reference also shows you the concepts and applications of various option strategies -- how they work, in which situations, and why; techniques for using index options and futures to protect one’s portfolio and improve one’s return; and the implications of the tax laws for option writers, including allowable long-term gains and losses. This updated and revised Fifth Edition of the bestselling Options as a Strategic Investment gives you the latest market-tested tools for improving the earnings potential of your portfolio while reducing downside risk—no matter how the market is p
This is THE book. The Honest Conn Man Try as I might, I cannot understand the negative reviews here. This is THE book on options. McMillan writes clearly and well. There is nothing glib here -- no promises of great wealth, no hype, no pandering to fools. What is here is solid information presented well and thoroughly.A criticism that came up more than once (copy cat reviews?) is that the book doesn't show practical stuff. What! It provides all the information that any reasonably intelligent person needs to UNDERSTAND exactly what the strategies are and when to apply them. To ask for mor. A four-star book but a three-star update. Chris G. Pflum Several years ago my broker recommended the 4th (2002) edition of this book. I liked it so much that I bought two of McMillan's subsequent publications: McMillan on Options, Second Edition (Wiley Trading) (cited as McMillan, 2004) and Options for Volatile Markets: Managing Volatility and Protecting Against Catastrophic Risk (Bloomberg Financial) (cited as McMillan, 2011). I've learned much from McMillan's books and have given them four-star reviews; however, I am a bit disappointed in the updates to this 5th edition.Having read the 4th edition and t. To Protect the Innocent said XYZ Stock. I have this book, it is 1000 pages long. It is thorough, and packed with lots of information about different ways of using Options, analyzing them, volatility, and every options-related topic you can possibly think of. What's important to note about this book is that it's all theoretical. They use XYZ stock in all their examples, but none of the discussions are based on anything you find in the real world.For example, they'll tell you all about Straddles, and you might surmise it's a good strategy to buy a Straddle just before they announce earnings
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