Trading Options for Edge helps you better understand how to trade given certain market conditions, with trade evaluations, trading various spreads under different market conditions, portfolio-building, and risk management. Author Mark Sebastian shares his approach on how one can fully understand to find his edge, what kind of trade under what conditions will capture the edge, and how to create and successfully hedge to help you build your own personal Goldman Sachs or Merrill Lynch. Trading Options for Edge also demonstrates how to structure a portfolio of trades that makes more money with less risk.
Trading Options for Edge Table of Contents
PART I: Professional Lessons Every Trader Needs to Know
Chapter 1 - Trading in Options
Chapter 2 - Risk Management
Chapter 3 - Market Makers, Risk, and the Individual Trader
Chapter 4 - Volatility
Chapter 5 - What is Edge?
Chapter 6 - Locking in Edge
PART II: Using Spreads
Chapter 7 - A Quick Review of Spreads
Chapter 8 - Adding Edge to Spreads
Chapter 9 - Butterflies and Condors
Chapter 10 - The Front Spread
Chapter 11 - Calendar Spreads
PART III: Global Risk
Chapter 12 - How a Market Maker Trades
Chapter 13 - Portfolio Greeks
Chapter 14 - Crisis Alpha
PART IV: Appendices