Author : Mark D. Wolfinger
Publisher :
ISBN 13 : 9781310848872
Total Pages : pages
Book Rating : 4.8/5 (488 download)
Book Synopsis Writing Naked Puts by : Mark D. Wolfinger
Download or read book Writing Naked Puts written by Mark D. Wolfinger and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a hands-on guide to making money with options. Writing naked puts is an option strategy for two types of investor: (1) Those who want to buy stock at below (current) market prices. If the stock is not available at that low price, then the investor earns a cash profit as a consolation; and (2) The shorter-term bullish trader who wants to earn a profit even when the stock price does not rally.Part I contains background information that provides a better understanding of why writing put options is an attractive strategy for anyone with a bullish market bias. NOTE: Selling naked puts involves downside risk --similar risk associated with owning stock. However, put sellers always lose less money when markets decline.Part II covers trading ideas: how to think about a trade, how to prepare for a trade, how to enter and exit the trade, how to repair a trade (manage risk) - if and when it becomes necessary, and how to prepare for expiration (the day the options expire).