The Option Trader’s Handbook (2008) By Jeff Augen Free Download – Includes Verified Content:
Most options books offer theory and strategies but don’t give you what you really need: hands-on practice that prepares you for real-world trading, where subtle decisions make the difference between winning and losing. Now, there’s a solution: The Option Trader’s Workbook.
Using a question and answer format, this innovative workbook covers key scenarios you’ll encounter as an option trader. Expert trader Jeff Augen explains the challenges they present, reveals the potential pitfalls, and walks you through each example to help you understand how to maximize your success. You’ll master trades designed to profit from rising or falling stock prices, rising or falling volatility, time decay, rapid price spikes, and many other market dynamics. Each section helps you build your skills one trade at a time—whether you’re new to options or you’ve been trading for years.
- Learn by doing–not by reading or memorizing
Practice real decision-making in real trading situations - Gain a detailed, intuitive understanding of pricing
Understand exactly what must happen for your trade to be profitable - Learn to identify efficient trade structures
Avoid errors that cause losses even when you’ve correctly predicted a stock’s direction - Learn how to manage risk effectively
Optimize profits by choosing the right option strategy for a particular situation - Use complex trading strategies with confidence
Master highly profitable techniques used by professionals
“This workbook represents a unique and effective learning tool. It will broaden your understanding of options and raise your trading skills to a higher level.”
–Dr. W. Edward Olmstead, Northwestern University, author of Options for the Beginner and Beyond
“Serious options trading requires skills that can only be learned through practice. Augen’s progressively more challenging problems definitely provide that real-world practice. There are lessons here for everyone, from beginner to sophisticated professional.”
–James Marcus, Partner, CMG Holdings, LLC
Most options books offer theory and strategies but don’t give you what you really need: hands-on practice that prepares you for real-world trading, where subtle decisions make the difference between winning and losing. Now, there’s a solution: The Option Trader’s Workbook.
Using a question and answer format, this innovative workbook covers key scenarios you’ll encounter as an option trader. Expert trader Jeff Augen explains the challenges they present, reveals the potential pitfalls, and walks you through each example to help you understand how to maximize your success. You’ll master trades designed to profit from rising or falling stock prices, rising or falling volatility, time decay, rapid price spikes, and many other market dynamics. Each section helps you build your skills one trade at a time—whether you’re new to options or you’ve been trading for years.
- Learn by doing–not by reading or memorizing
Practice real decision-making in real trading situations - Gain a detailed, intuitive understanding of pricing
Understand exactly what must happen for your trade to be profitable - Learn to identify efficient trade structures
Avoid errors that cause losses even when you’ve correctly predicted a stock’s direction - Learn how to manage risk effectively
Optimize profits by choosing the right option strategy for a particular situation - Use complex trading strategies with confidence
Master highly profitable techniques used by professionals
Jeff Augen
Jeff Augen, currently a private investor and writer, has spent more than a decade building a unique intellectual property portfolio of databases, algorithms, and associated software for technical analysis of derivatives prices. His work, which includes more than a million lines of computer code, is particularly focused on the identification of subtle anomalies and price distortions.
As a cofounding executive of IBM’s Life Sciences Computing business, he defined a growth strategy that resulted in $1.2 billion of new revenue and managed a large portfolio of venture capital investments. From 2002-2005, he was President/CEO of TurboWorx, a software company founded by the chairman of the Department of Computer Science at Yale University. He is the author of two previous books: The Volatility Edge in Options Trading (FT Press 2008) and Bioinformatics in the Post-Genomic Era (Addison-Wesley 2005).
Jeffrey Augen
Jeff Augen, currently a private investor and writer, has spent more than a decade building a unique intellectual property portfolio of algorithms and software for technical analysis of derivatives prices. His work includes more than one million lines of computer code reflecting powerful new strategies for trading options, futures, and currencies in markets dominated by high frequency trading (HFT). As a result, he now provides real-time access to an unusual blend of market insight, trading strategies, and proprietary trading tools through his own service at PhaseTraderIndicator.com. Members of the service receive access to weekly in-depth Market Reviews and live Webinars as well as the PhaseTrader® Indicator tool suite.
Augen has a 30-year history in information technology. As co-founding executive of IBM’s Life Sciences Computing business, he defined a growth strategy that resulted in $1.2 billion of new revenue, and managed a large portfolio of venture capital investments. From 2002 to 2005, Augen was President and CEO of TurboWorx, Inc., a technical computing software company founded by the chairman of the Department of Computer Science at Yale University. He is author of The Volatility Edge in Options Trading (FT Press, 2008), The Option Trader’s Workbook (FT Press, 2008), Trading Options at Expirations (FT Press, 2009), Day Trading Options (FT Press, 2009), and Bioinformatics in the Post-Genomic Era (Addison-Wesley, 2004). Much of his current work on derivatives pricing is built on algorithms for predicting molecular structures that he developed as a graduate student.
