Trading Options to Win: Profitable Strategies and Tactics for Any Trader

by S. A. Johnston and S.A. Johnston

Book Overview

A fresh investment approach to an ever-changing market In this unique and engaging treatise on the art and science of speculation, expert S. A. Johnston combines the profitable elements of banking,... This description may be from another edition of this product.

• Format: Hardcover
• Language: English
• ISBN: 0471226858
• ISBN13: 9780471226857
• Release Date: May 2003
• Publisher: John Wiley & Sons
• Length: 306 Pages
• Weight: 1.30 lbs.
• Dimensions: 1.1" x 6.4" x 9.6"

Customer Reviews

A must read for novice/advanced options traders...

Stu's writing style and exceptional wisdom when it comes to the futures options markets is unparalleled. Funny, witty, and filled with gobs of invaluable information, I keep this book on my trading desk at all times.

Great book if you have a brain. Sorry Fletch.

Outstanding book. I have corresponded with Stuart on a few occasions, and have found him to be a very genuine and intelligent guy. I personally enjoyed his writing style, and appreciate the fact that he didn't rub his advanced degrees in the reader's face. Very down-to-earth guy. I guess some readers such as Fletch prefer dry academic tomes instead of well written edutainment, so hey whatever cranks your tractor I guess. If I ever have insomnia I'll borrow one from you Fletch. Me on the other hand, I appreciate the way the concepts were presented. It made the book even more understandable, if for no other reason that his logical, humorous and chatty style kept my short attention span brain fully engaged. Hats off to SAJ for this excellent book. My options understanding has increased by AT LEAST an order of magnitude.

Tons of very useful info and fun to read

Don't know what book Edward Lovette read, but it's pretty clear he didn't read the entire book. This is an exceptional book and anyone who trades options would be taking the short end of the bet by missing it. Johnston makes his points easily, clearly, practically, and (unusual for a book on options, which are usually dry as dust) it's very entertaining. Mainly, and again this is rare or nonexistent in the options books I've read, Johnston presents the background and the reasoning behind the trading strategies he's talking about and shows the WHY of making profits in the markets and not just the what and the how. The strategies themselves are pretty interesting. Everybody knows about straddles and strangles, but how about a "Martian ratio-spread" or a "WOOM non-seasonal?" I've traded options for a long time and read a lot of books on options, yet I never even heard of these strategies, so there's a lot of originality in this book, too. Any options trader will get a lot of good fresh ideas from "Trading Options To Win." I just wish it had been longer, but it's 5 stars anyway.

Practical Solutions for the Options Trader

When you want to set up a spread, which options set should you use ? out of money, in the money or at the money ? When your trade is not going your way, what kind of damage control is possible ? If you want answers to such practical questions, then this book is for you. All traders in options should read this book. While the book refers to options on futures, traders in stock options should find many useful concepts - as I did.Persons new to options will probably read this book once they have gone through some introductory text.

Excellent ? practical trading with an edge!

Johnston's book is very well done - an excellent read without the hype. It assumes the reader has some knowledge of the options markets. Beginners should start with Natenberg's book then read "Trading options to Win". It's a must read for anyone that's serious about trading options with a defined edge. The book covers several extremely practical trading methodologies, when to employ them (when the odds are very much in your favor), and how to defend when things go wrong(maybe the most important part of the book). I have read numerous books on trading options. This is far and away the most practical book I've found on the subject. It gives the reader something they can use immediately. I also enjoyed the real world trades and how they were deployed and defended. I have to give this book the highest rating.