-- Posted Thursday, 25 January 2007 | Digg This Article
How Trading Options Lets You Take Less Risk, Put Less Money on the Line . . . and Still Get Rich
Sound impossible? It’s not. In his new book, Lee Lowell presents the tricks of the trade he learned as a market maker and explains how to use them to generate wealth.
Everyone loves to save money. Whether you clip coupons, comparison shop, or buy on eBay, it’s just common sense to acquire the things you need (or want) for the lowest price possible. Believe it or not, the same principle holds true with the stock market. That’s right. You don’t have to invest lots of money in the stock market to get a good payoff, or resign yourself to the roller coaster world of big wins and big losses. You can “pinch pennies” in your stock market ventures while reducing risk and generating income. All you have to do is get involved in options trading—and when Lee Lowell says you, he really means you.
“You don’t have to work on Wall Street to take advantage of options,” says Lowell, a former market maker with over fifteen years of experience in the options world and author of the new book Get Rich with Options: Four Winning Strategies Straight from the Exchange Floor (Wiley, 2007, ISBN-10: 0-4700466-1-9). “Options allow you to reap the same benefits as an outright stock or commodity trade, but with less risk and less money on the line. The truth is, you can achieve everything with options that you would with stocks or commodities at less cost while gaining a much higher percentage return on your invested dollars—and it’s not that difficult to learn how.”
Filled with in-depth insight and expert advice, Get Rich with Options provides you with the knowledge and strategies needed to achieve optimal results in the options market. It quickly covers the basics—how options are priced, strike price selection, the use of delta, and using volatility to one’s advantage—before moving on to the four options trading strategies that have helped Lowell profit in this arena time and again.
Get Rich with Options is packed with real-life examples of actual trades and detailed discussions of how options can be used as a hedging, speculating, or income-producing tool. With this book as your guide, you’ll begin to see options in a whole new light and learn how to become part of a small group of investors who consistently win.
“In my book I explain the only four options trading strategies that actually work: buying deep-in-the-money call options, selling naked puts, selling option credit spreads, and selling covered calls,” says Lowell. “Using them decisively is the faster route to riches in the options trading game.”
“Here’s the bottom line regarding any investment: you must make your own decisions and do what is right for you,” continues Lowell. “No one will take care of your money more than you. I can tell you only that using options is a win-win situation and a no-brainer for me. If I’m ever thinking about making a stock or commodity trade, I always check to see if options are available. It is a far superior and cost-effective way to use your money. The strategies I discuss in my book do work, and when used correctly they can offer you better ways to increase your wealth.”
Click here to order your copy of Get Rich with Options.
# # #
About the Author:
Lee Lowell is an options trading expert for Mt. Vernon Research (www.mtvernonresearch.com), a subsidiary of Agora Publishing, and is recognized as one of America’s leading options professionals. Lowell has spent fifteen years in the options world, first as a market maker on the floor of the New York Mercantile Exchange (NYMEX) and, more recently, as head of his own trading business. Lowell is editor of The Delta Force Trader for Mt. Vernon Research and a regular contributor/editor to The Smart Options E-Report and The Accelerated Profits Report. He’s had numerous articles published in leading financial magazines, including Futures and Technical Analysis of Stocks & Commodities.
About the Book:
Get Rich with Options: Four Winning Strategies Straight from the Exchange Floor (Wiley, 2007, ISBN-10: 0-4700466-1-9, ISBN-13: 978-04700466-1-6, $39.95) is available at bookstores nationwide, major online booksellers, or direct from the publisher by calling 800-225-5945. In Canada, call 800-567-4797.
-- Posted Thursday, 25 January 2007 | Digg This Article
