The Amazing Put

Michael C. Thomsett

Published by De Gruyter 2019

The Amazing Put

The Overlooked Option and Low-Risk Strategies

Michael C. Thomsett

https://doi.org/10.1515/9781547401475

Overview
Contents

About this book

With so much emphasis on calls (especially covered calls) many traders overlook the tremendous hedging and profit potential of the put. The Amazing Put demonstrates the many strategies based on the put option, including the risk hedge, a long put (often a long-term, or LEAPS put) that freezes market risk at the put’s strike (minus its premium); and the short uncovered put, which has market risk identical to the covered call.

The author methodically lays out the case for using puts wisely, both as a cash generator with low risk, and as a risk hedge to reduce or eliminate market risk in equity positions. Every options trader will benefit from exploring these strategies, and novices will gain a starting point in developing a program to enhance their stock portfolio.

Michael C. Thomsett is a market expert, author, speaker, and coach. His many books include Stock Market Math, Candlestick Charting, and Options, Tenth Edition.

Author information

Michael C. Thomsett, Expert in technical analysis and stock markets. He has authored dozens of financial books.

Topics

Frontmatter Publicly Available Download PDF	I
Contents Publicly Available Download PDF	V
Introduction to the Second Edition: Managing and Exploiting Volatility Requires Authentication Unlicensed Licensed Download PDF	1
1. The Flexible Nature of Options: Risks for All Levels Requires Authentication Unlicensed Licensed Download PDF	3
2. Puts, the Other Options: The Overlooked Risk Hedge Requires Authentication Unlicensed Licensed Download PDF	15
3. Profit-taking Without Selling Stock: An Elegant Solution Requires Authentication Unlicensed Licensed Download PDF	34
4. Swing Trading with Puts: Long and Short or Combined with Calls Requires Authentication Unlicensed Licensed Download PDF	47
5. Put Strategies for Spreads: Hedging for Profit Requires Authentication Unlicensed Licensed Download PDF	63
6. Put Strategies for Straddles: Profits in Either Direction Requires Authentication Unlicensed Licensed Download PDF	90
7. Puts in the Ratio Spread: Altering the Balance Requires Authentication Unlicensed Licensed Download PDF	106
8. Puts as Part of Synthetic Strategies: Playing Stocks Without the Risk Requires Authentication Unlicensed Licensed Download PDF	122
9. Puts in Contrary Price Run-Ups: Safe Counter-plays During Bear Markets Requires Authentication Unlicensed Licensed Download PDF	129
10. Uncovered Puts to Create Cash Flow: Rising Markets and Reversal Patterns Requires Authentication Unlicensed Licensed Download PDF	146
11. Uncovered Puts in Recovery: An Essential Strategy to Offset Loss Requires Authentication Unlicensed Licensed Download PDF	162
12. Puts and Risk: A Range of Risk Levels and a Conservative Trading Goal Requires Authentication Unlicensed Licensed Download PDF	167
Glossary Requires Authentication Unlicensed Licensed Download PDF	172
Index Requires Authentication Unlicensed Licensed Download PDF	178

(Deutsch)

Language: English
Publisher: De Gruyter
Edition: 2nd Edition
Audience: Options Traders, Stock Investors, Academic Instructors, Business Students
Pages
- Front matter: 8
- Main content: 180
Illustrations
- Illustrations: 8
- Tables: 20
Keywords: Options; Derivatives; Hedging; Puts; Calls; Swing trading

eBook

Published: August 5, 2019
ISBN: 9781547401475

Paperback

Published: August 5, 2019
ISBN: 9781547417704