The first long-term stock options, LEAPS were introduced in October, 1990. Today, thousands of individual and institutional investors are discovering that these unique instruments can be used to implement any investment strategy--bullish, bearish, or neutral. This book is the first guide to show readers how to achieve their investment goals using LEAPS. Harrison Roth shows readers how they can use LEAPS with less risk than more common options because of the larger time-delay factor, detailing conservative, moderate, and agressive strategies.
Investors are increasingly turning to LEAPS (Long-Term Equity AnticiPation Securities) to combine the advantages of options trading with the benefits and security of a longer time frame. Here, Marty Kearney of the Options Institute at the Chicago Board Options Exchange examines the wide range of practical and effective strategies for managing LEAPS, and shows you how to match these strategies to your own risk profile. Learn how to tailor your options program using LEAPS and devise key strategies to improve profitability, protect paper profits, and avoid losses in long stock positions. Use LEAPS to produce monthly income Identify key elements in determining LEAPS prices Master LEAPS symbols and expiration cycles Insure your portfolio against market pullbacks Manage year-end tax consequences Establish security positions with little risk Kearney walks you through the inner workings of LEAPS and shows you compelling strategies for incorporating them into your overall approach to market. With instant access to the online video, you'll have everything you need to begin profiting with LEAPS.
Diversification provides a well-known way of getting something close to a free lunch: by spreading money across different kinds of investments, investors can earn the same return with lower risk (or a much higher return for the same amount of risk). This strategy, introduced nearly fifty years ago, led to such strategies as index funds. What if we were all missing out on another free lunch that’s right under our noses? InLifecycle Investing, Barry Nalebuff and Ian Ayres-two of the most innovative thinkers in business, law, and economics-have developed tools that will allow nearly any investor to diversify their portfolios over time. By using leveraging when young-a controversial idea that sparked hate mail when the authors first floated it in the pages ofForbes-investors of all stripes, from those just starting to plan to those getting ready to retire, can substantially reduce overall risk while improving their returns. InLifecycle Investing, readers will learn How to figure out the level of exposure and leverage that’s right foryou How the Lifecycle Investing strategy would have performed in the historical market Why it will work even if everyone does it Whennotto adopt the Lifecycle Investing strategy Clearly written and backed by rigorous research,Lifecycle Investingpresents a simple but radical idea that will shake up how we think about retirement investing even as it provides a healthier nest egg in a nicely feathered nest.
Understanding LEAPS takes a practical, technique-oriented approach to one of today's most fascinating yet little-covered trading vehiclesLong-term Equity AnticiPation Securities. The only comprehensive and up-to-date guidebook for understanding what LEAPS are and how best to use them in a diversified portfolio, this valuable resource explains complex strategies such as collars and covered writing, and includes an entire section on index LEAPSthe hybrid product that has become a favorite of both independent and institutional investors.
A best-selling guide giving serious investors hundreds of market-tested strategies, to maximise the earnings potential of their portfolio while reducing risk.
What if you had more time to do what matters most in life. Learn how to beat the market using options LEAPS and retire early. The clock is ticking for all of us. There are only 24 hours or 1,440 minutes available in a day-life's common denominator shared by all humans. Have you ever imagined what you would do if you were able to achieve financial freedom, retire early, and spend more time with who and what mattered most to you in life? In January 2017, that's exactly what INTRINSIC author Mike Yuen was able to do. Today, he spends his days with his family, and it has been priceless. Trading options LEAPS (Long-term Equity AnticiPation Securities) in tech stocks such as AAPL, AMZN, FB, MSFT, and NFLX is what made this possible. Since retiring, using nothing more than simple calls and puts (no spreads, collars, straddles, strangles, or other more advanced options strategies), his portfolio has produced an annual return of 39%, which has outperformed the S&P 500, Dow, Nasdaq, and Nasdaq 100. Options LEAPS are powerful financial instruments. Not only can they help you attain your financial goals, but they can also accelerate them. Only about 10% of all options trades are LEAPS-they're not commonly used. Keith Gill (aka DeepF-ckingValue of Reddit WallStreetBets) initially used LEAPS in his now-legendary GameStop options trade where he turned $53,000 into millions of dollars. Mike Yuen also uses LEAPS, but in a much 'safer' way for the average retail investor. In his book, Mike Yuen reveals how he beats the market and makes money trading options LEAPS, and you don't have to be a professional trader either. Perhaps what worked for him in the past, and still works for him today, might work for you too!
To protect portfolios in today's volatile and uncertain market environment, institutional investors need to hedge losses, create extra sources of income, and reduce risk. In his extensively updated and expanded Options Trading for the Institutional Investor, Third Edition, renowned options expert Michael C. Thomsett shows how to do all this effectively. One step at a time, Thomsett helps institutional investors exploit powerful, carefully chosen options strategies that can dramatically increase overall returns as you manage risks within your institution's limits. Thomsett discusses covered call writing on carefully selected stocks, contingent purchase strategies, and powerful "combination" strategies that produce cash to bolster current income. He guides professional investors through every strategy, using actual examples, portfolios, and graphs taken directly from today's markets. Wherever applicable, he addresses specific forms of risk and volatility that only institutional investors face. This thoroughly updated Third Edition includes a chart-based analytical method that relies on reversal signals in the underlying as an alternative to volatility analysis. Thomsett presents new chapters on two powerful strategies he has developed and utilized to optimize returns while minimizing risk: the 1-2-3 Iron Butterfly, and the Dividend Collar. This edition also adds detailed new coverage of risk evaluation.
Options traders rely on a vast array of information concerning probability, risk, strategy components, calculations, and trading rules. Traders at all levels, as well as portfolio managers, must refer to numerous print and online sources, each source only providing part of the information they need. This is less than ideal, as online sources tend to be basic, simplified, and in some cases incorrect. Print sources, on the other hand, are mostly focused on a very narrow range of strategies or trading systems. Up until now, there has been no single source to provide a comprehensive reference for the serious trader. The Complete Options Trader is that much-need comprehensive reference, a compilation of the many attributes options traders need. Thomsett lays out a rich and complete guide to 100 strategies, including profit and loss calculations, illustrations, examples, and much more. A thorough evaluation of these strategies (and the rewards and risk involved) demonstrates how a broad approach to analytically using options can and does enhance portfolio profits with lower levels of risk. The book also features a complete glossary of terms used in the options industry, the most comprehensive glossary of this nature currently available. All too often, the attributes of options trading are poorly understood; risk is ignored or over-simplified; hedging is not folded into a strategic evaluation; and options traders shun the value of holding equity positions. No longer—if options traders rely on this comprehensive guide as the reference for the industry.
Maximize your score on the Series 7 Exam The Series 7 exam is a top-off exam taken with the Securities Industry Essentials exam to obtain General Securities Representative registration. This comprehensive guide is the critical reference you need to lead you through your preparation for the Series 7 exam. Packed with the latest information associated with this test, as well as proven test-taking strategies that are focused on maximizing your score, it covers everything you need to know to score your highest on this all-important exam. The Series 7 exam is no joke — with 125 questions administered in three hours and 45 minutes, this test is certainly a challenge. But with the proper preparation you'll be able to enter the exam room with confidence. Offers three full-length practice tests with answers and full explanations Includes one-year access to six full-length tests online Provides strategies and tips to hone the skills needed to ace the exam Gives you confidence to start your career as a licensed broker Series 7 Exam For Dummies, 4th Edition with Online Practice is a fundamental resource that guides you through your preparations for the Series 7 exam.
Mastering Covered Calls: The Ultimate Guide to Easy and Profitable Options Trading Unlock the secret to generating consistent income and minimizing risk with one of the safest and most effective strategies in options trading—covered calls. Whether you're a beginner exploring the world of options trading or an experienced trader looking to enhance your portfolio with conservative yet profitable strategies, this easy-to-follow guide will help you master covered calls and take your trading to the next level. Why You Need This Book Learn the Basics of Options Trading: Understand key concepts like call options, premiums, strike prices, and expiration dates. Master the Covered Call Strategy: Discover how to leverage your stock holdings to generate passive income and mitigate risk. Real-Life Examples: See step-by-step examples and case studies that show you how to execute covered calls in various market conditions. Maximize Profit with Minimum Risk: Learn advanced strategies like rolling calls and combining covered calls with other trading techniques. Avoid Common Mistakes: Discover the most common pitfalls traders face and how to avoid them to protect your investments. What You'll Learn: The Fundamentals of Options Trading: Build a solid foundation in options, from how they work to the key terminology every trader needs to know. How to Execute Covered Call Trades: A complete step-by-step guide to buying stocks and selling call options for consistent income. Advanced Covered Call Strategies: Adapt your covered calls to changing market conditions and integrate other strategies like protective puts. Risk Management and Exit Strategies: Learn how to safeguard your capital, maximize gains, and exit trades gracefully. Real-Life Case Studies: Analyze successful covered call trades and learn valuable lessons from practical examples. Who Is This Book For? New traders looking for a safe introduction to options trading. Stock investors who want to earn extra income on their portfolio. Experienced traders aiming to refine their skills with advanced covered call strategies. Mastering Covered Calls is written in plain, easy-to-understand language, making it accessible to traders at all levels. Whether you're just starting or you've been in the market for years, this book will help you boost your returns and manage risk effectively. Ready to master covered calls and take control of your trading journey? Scroll up and click "Buy Now" to start earning passive income through the simple yet powerful covered call strategy today! The author Sankar Srinivasan is a Certified Market Professional of National Stock Exchange of India, and having 20 years of experience.