Option Traders Playbook
This easy-to-understand guide will serve as a reference manual for option traders in today’s commodity markets. Whether you’re an experienced investor looking for a new opportunity or just a beginner looking to increase knowledge, the Option Trader’s Playbook is a must have.
Why are options markets becoming so popular with investors?
There are two reasons for option popularity: the potential for unlimited profits with limited risk. In fact, the risk in a long option is limited to the amount of the original investment plus commissions. In other words, you can’t lose more than the amount you paid for the option.
The downside to the rise in option trading is the flood of so-called option strategy books. Most of these books include strategies that are so complicated, even some brokers can’t understand them. Though it is true that education in investment strategies is essential in order to reduce risk and increase profit, our philosophy is the simpler the better.
From the Author
The greatest thing about working with options, is just that. You have a lot of options, not only to trade, but in terms of market strategy! Simply buying a call or buying a put and holding on for the long haul no longer works, I don’t know if it ever really did. The option strategies we teach in our workshops and inside this course will open up a whole new way of looking at the futures and options markets. I truly believe, that after taking this course, your eyes will be open and your trading will never be the same.
-J. Kellogg
Joe Kellogg started in the commodity business as a commercial grain merchandiser and basis trader. He was one of the architects of the Farm Marketing Program (FMP). This marketing plan was designed for agricultural businesses to use with grain options in strategies that could not only hedge their cash crops, but also aid in their marketing. He hosted “Futures Talk,” a commodity talk radio program that aired bi-weekly on a Los Angeles radio station. In 1987, Mr. Kellogg founded Traders Network. In 2001, he wrote the Trading From the Inside, strategies of a professional trader. He currently writes a number of weekly newsletter publications on trading, including Traders Market Views and The Oak Option Newsletter. Joseph has also developed many option writing strategies which can be used with the reversal point method.