Spread trading–trading complex, multi-leg structures–is the
new frontier for the individual options trader. This book covers
spread strategies, both of the limited-risk and unlimited-risk
varieties, and how and when to use them.
All eight of the multi-leg strategies are here: the covered-write,
verticals, collars and reverse-collars, straddles and strangles,
butterflies, calendar spreads, ratio spreads, and backspreads.
Vocabulary, exercises and quizzes are included throughout the book
to reinforce lessons.
Saliba, Corona, and Johnson are the authors of Option Strategies
for Directionless Markets.
Tabella dei contenuti
Acknowledgments ix
Introduction xi
1 The Covered-Write 2
2 Verticals 28
3 Collars and Reverse-Collars 64
4 Straddles and Strangles 94
5 Butterflies and Condors 126
6 Calendar Spreads 156
7 Ratio Spreads 190
8 Backspreads 222
Appendix: Final Exam 249
Index 263
Circa l’autore
Anthony Saliba is the founder of International Trading Institute, Ltd. (ITI), which has trained thousands of traders worldwide. He is a recognized pioneer and leader in the options industry. Saliba is quoted frequently in the financial media. In July 2007, Saliba’s firm, Liquid Point, LLC, became part of BNY Converg Ex Group, a leading global agency brokerage and investment technology firm. Saliba is a director of BNY Converg Ex Group and continues to serve as president and CEO of Liquid Point.
Joseph C. Corona is an adjunct instructor at ITI and is a frequent speaker at industry conferences.
Karen E. Johnson serves on the board of directors of ITI.