Option Strategies, 3e is a comprehensive guide to key options trading strategies. From the fundamentals to innovative pricing and valuation models, Smith walks readers through the ins and outs from buying puts to selling calls. Includes detail on carrying charges, strike prices, commissions, interest rates, and break-even points. Covers bull and bear strategies and a decision tree to help traders analyze potential trades, determine objectives, and identify entry and exit points. New chapters provide thorough coverage on predicting the direction of implied volatility with emphasis on reversion, skew, and kurtosis -- all focused on practical application; and option valuation models with a weblink to using the models digitally.
