Positional Option Trading

<p><b>A detailed, one-stop guide for experienced options traders</b></p> <p><i>Positional Option Trading </i>is a rigorous, professional-level guide on sophisticated techniques from professional trader and quantitative analyst Euan Sinclair. The author has over two decades of high-level option trading experience. He has written this book specifically for professional options traders who have outgrown more basic trading techniques and are searching for in-depth information suitable for advanced trading.</p> <p>Custom-tailored 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, term-structure 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.</p> <p>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:</p> <ul> <li>Provides advanced trading techniques for experienced professional traders</li> <li>Addresses the need for in-depth, quantitative information that more general, intro-level options trading books do not provide</li> <li>Helps readers to master their craft and improve their performance</li> <li>Includes advanced risk management methods in option trading</li> </ul> <p>No matter the market conditions<i>, Positional Option Trading </i>is an important resource for any professional or advanced options trader.</p>