Get Rich With Options (PDF)

In order to survive and thrive in today's financial markets, youmust seriously consider the use of options in your investmentendeavors. Options allow you to reap the same benefits as anoutright stock or commodity trade, but with less risk and lessmoney on the line. The truth is, you can achieve everything withoptions that you would with stocks or commodities?at lesscost?while gaining a much higher percentage return on your investeddollars.After numerous years as a market maker in the trenches of theNew York Mercantile Exchange, few analysts know how to make moneytrading options like author Lee Lowell. In this well-roundedresource, Lowell shows both stock and commodity option tradersexactly what works and what doesn't.Filled with in-depth insight and expert advice, Get Rich withOptions provides you with the knowledge and strategies neededto achieve optimal results within the options market. The bookquickly covers the basics?how options are priced, strike priceselection, the use of Delta, and using volatility to one'sadvantage?before moving on to the four options trading strategiesthat have helped Lowell profit in this arena time and again: buyingdeep-in-the-money call options, selling naked puts, selling optioncredit spreads, and selling covered calls. Using these strategoesdecisively, he says, is the fastest route to riches in the optionstrading game.Get Rich with Options is packed with real-life examplesof actual trades and detailed discussions of how options can beused as a hedging, speculating, or income-producing tool. You'lllearn how to set up a home business with the best options tradingsoftware, tools, and Web sites. And you'll begin to see options ina whole new light and discover how to become part of a small groupof investors who consistently win.