About the authors vii 1 What are options? 1 2 Advantages and risks 15 3 Types of options 29 4 Option pricing 45 5 The mechanics: how to buy, sell and exercise options 67 6 Buying options: the scenarios 79 7 Selling options: the scenarios 97 8 Choosing your option strategy 115 9 Strategies for buying call options 123 10 Strategies for buying put options 137 11 Strategies for selling covered call options 155 12 Strategies for selling naked call options 175 13 Strategies for selling put options 189 14 Advanced strategies: using multiple option spreads 201 15 Advanced strategies: straddles and strangles 221 Appendix 233 Glossary 237 Index 241
Jacqueline Clarke is a qualified accountant and trader of shares and derivatives. Together with Davin, Jacqueline manages their extensive trading business as their primary source of income. Davin Clarke is a well-known and highly successful private trader. He is a popular and sought]after speaker and has featured in several books, including The Wiley Trading Guide and 20 Most Common Trading Mistakes and How You Can Avoid Them.