Quote from osho67:
Which book are you refering. ? He has got several but they are not latest. Please clarify and if possible give a link. Much obliged.
Product Details
Hardcover: 176 pages
Publisher: FT Press; 1 edition (March 22, 2009)
Language: English
ISBN-10: 0135058724
ISBN-13: 978-0135058725
Trading Options at Expiration: Strategies and Models for Winning the â¦
Buy new: $27.99 $15.39
188 Used & new from $15.39
3.6 out of 5 stars (20)
Trading Options at Expiration: Strategies and Models for Winning the Endgame [Hardcover]
Jeff Augen (Author
Product Description
âLearn and profit from Jeff Augenâs book: It clearly explains how to take advantage of market inefficiencies in collapsing implied volatility, effects of strike price, and time decay. A must-read for individuals who are options oriented.â
--Ralph J. Acampora, CMT, Director of Technical Analysis Studies, New York Institute of Finance
âA fantastic, insightful book full of meticulously compiled statistics about anomalies that surround option expiration. Not only does Augen present a set of effective trading strategies to capitalize on these anomalies, he walks through the performance of each across several expirations. His advice is practical and readily applicable: He outlines common pitfalls, gives guidance on timing your executions, and even includes code that can be used to perform the same calculations he does in the text. A thoroughly enjoyable read that will give you a true edge in your option trading.â
--Alexis Goldstein, Vice President, Equity Derivatives Business Analyst
âMr. Augen makes a careful and systematic study of option prices at expiration. His translation of price behavior into trading strategy is intriguing work, and the level of detail is impressive.â
--Dr. Robert Jennings, Professor of Finance, Indiana University Kelly School of Business
âThis book fills a gap in the vast amount of literature on derivatives trading and stands out for being extremely well written, clear, concise, and very low on jargon--perfect for traders looking to evolve their equity option strategies.â
--Nazzaro Angelini, Principal, Spearpoint Capital
âInstead of considering macro-time strategies that take weeks to unfold, Jeff Augen is thinking micro here--hours or days--specifically the days or hours right before expiration, and harnessing grinding, remorseless options decay for profit. He builds a compelling case for the strategy here. The concept of using ratio spreads plus risk management for as brief a period as one day--open to close--to capture expiring premium is worth the price of admission alone. A superb follow-up to his first book. Must-read for the serious options student.â
--John A. Sarkett, Option Wizard software
Equity and index options expire on the third Friday of each month. As that moment approaches, unusual market forces create option price distortions, rarely understood by most investors. These distortions give rise to outstanding trading opportunities with enormous profit potential. In Trading Options at Expiration, leading options trader Jeff Augen explores this extraordinary opportunity with never-before published statistical models, minute-by-minute pricing analysis, and optimized trading strategies that regularly deliver returns of 40%-300% per trade.
Youâll learn how to structure positions that profit from end-of-contract price distortions with remarkably low risk. These strategies donât rely on your ability to pick stocks or predict market direction and they only require one or two days of market exposure per month.
If youâre looking for an innovative new way to reignite your returns no matter where the markets move, youâve found it in Trading Options at Expiration.
Why traditional option pricing calculations always break down in the final days before expiration
Three powerful end-of-cycle effects not comprehended by contemporary pricing models
Reducing your risk by reducing your market exposure
Trading only one or two days each month and avoiding overnight exposure
Structuring trades that reflect true expiration-day behavior
Leveraging the surprising power of expiration-day pricing dynamics