McMillan on Options [Hardcover]

Larry McMillan's name is virtually synonymous with options. This Trader's Hall of Fame recipient first shared his personal options strategies and techniques in the original McMillan on Options. Now, in a revised and Second Edition, this indispensable guide to the world of options addresses a myriad of new techniques and methods needed for profiting consistently in today's fast-paced investment arena. This thoroughly new Second Edition features updates in almost every chapter as well as enhanced coverage of many new and increasingly popular products. It also offers McMillan's personal philosophy on options, and reveals many of his previously unpublished personal insights. Readers will soon discover why Yale Hirsch of the Stock Trader's Almanac says, McMillan is an options guru par excellence.

1 Option History, Definitions, and Terms.

Underlying Instruments.

Option Terms.

The Cost of an Option.

The History of Listed Options.

Option Trading Procedures.

Electronic Trading.

Exercise and Assignment.

Futures and Futures Options.

Influences on an Option’s Price.

Delta.

Technical Analysis.

2 An Overview of Option Strategies.

Profit Graphs.

Outright Option Buying.

Using Long Options to Protect Stock.

Buying Both a Put and a Call.

Selling Options.

Spreads.

Ratio Strategies.

Summary.