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Weekly Options Tactics

Weekly Options Tactics

          
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About the Book

The principle strategy I use now for trading Weekly Index Options is to use 2 sigma Condors: Short Calls 2 standard deviations above the market and the Long Calls the next strike price higher; Short Puts 2 standard deviations below the market and the Long Puts the next strike price lower. This is called 2 Sig Iron Condors. On February 23, 2016, the CBOE (Chicago Board of Exchange) launched Wednesday Expirations. On August 13, 2016, CBOE launched Monday Expirations. So now we have expirations each Monday, Wednesday, and Friday (except the 3rd Friday of each month there is no expiration. These three expirations per week required a change in tactics which are described in this book. I use my proprietary trading software SelfAdapSPXweeklyVLTY described in this book in which I have refined the tactics to be used for option trading. I also show that with a beginning capital of $2000 after a year of successful trading this capital will grow to $62,610 I especially give you tactics for what to do when your option spread gets near or in the money ITM.
About the Author: Jon Schiller received the BS in Physics from the California Institute of Technology (Caltech) and the MS and Ph.D. from the University of Southern California (USC). As an executive of an Aerospace Corporation he designed guidance and control systems for aircraft and missiles. After retiring he became active writing documentary books using research from the Internet in addition to creating books about Options Trading strategies which used his mathematical skills.


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Product Details
  • ISBN-13: 9781537522739
  • Publisher: Createspace Independent Publishing Platform
  • Publisher Imprint: Createspace Independent Publishing Platform
  • Height: 229 mm
  • No of Pages: 142
  • Series Title: English
  • Weight: 272 gr
  • ISBN-10: 1537522736
  • Publisher Date: 07 Sep 2016
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Spine Width: 9 mm
  • Width: 152 mm


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