Kobayashi - Solomon Erik - The Intelligent Option Investor: Applying Value Investing To The World Of Options - Hardcover

Binding: Hardcover
Description: HOW TO USE YOUR Human Advantage TO Outperform Algorithms IN THE Options Market If you're a value investor who wants to get your money into the lucrative options market forget about day trading chart patterns and market timing. This systematic book lays out a path to long - term wealth by taking positions on companies with real intrinsic value - - the kind Ben Graham and Warren Buffett would invest in. Leave the complex algorithms and " Greeks" for the floor traders. Erik Kobayashi - Solomon former investment banker hedge fund risk manager and valuation consultant to the World Bank gives you the knowledge and sophisticationto understand what options pricing reveals about the market's estimation of future stock prices. He then demonstrates how to find tremendous opportunity for low - risk high - profit investments in the difference between the market's mechanized price ranges and ones madeby you a thoughtful human being armed with the insight this book offers. Everything you need to make options a powerfulcontributor to your portfolio is inside including: A thorough explanation of what options are and what their prices can tell you about the market's expectations for the future price of a stock A proven way to envision the risk/reward trade - off for stocks and options and a straightforward method to use theflexibility and directionality of options to tilt the risk/return balance in your favor A robust and intuitive framework for assessing the value of a company Strategies to avoid the most common behavioral pitfalls Tips for using the information on an option - pricing screen Thorough coverage of important option investment strategies including "covered calls " "protective puts " and "collars" Regardless of your experience level with options this versatile guide makes you a better investor. Beginners get a turnkey solution to growing wealth in options experienced investors gain savvy guidance for fine - tuning their practices and professional investors learn how to effectively incorporate options into a portfolio. Understanding valuation in this perceptive light lets you earn the consistent profi ts of The Intelligent Option Investor. The Intelligent Option Investor is the hands - on guide to using a cuttingedge valuation framework in the fast - paced options market to boost growth protect gains and generate income. It explains how to use your insightful human mind to recognize when mechanized options pricing undervalues a stock. Once you see an opportunity you'll have all the tools you need to execute a fact - based decision about how and when to invest in the company. Have your money make the most for you with the potent blend of timehonored value investing strategies and hot options vehicles in The Intelligent Option Investor. Praise FOR THE Intelligent Option Investor:" The Intelligent Option Investor reflects Erik's keen understanding of how companies create value for their owners which is essential to successful option investing. In addition to showcasing Erik's expertise in developing option investment strategies based on fundamental security analysis and a long - term time horizon this book delivers the information in a way that's accessible to individual investors offering them the resources to use options to help them meet their financial goals." - - JOE Mansueto founder chairman and CEO Morningstar Inc." Erik knows - - and lays out here - - that to use options successfully you need to understand the underlying stock and its valuation first. This is one of few books onoptions that teaches this fruitful combined approach. And that's why it works." - - JEFF Fischer advisor Motley Fool Options
Title: The Intelligent Option Investor: Applying Value Investing To The World Of Options
Author(s): Kobayashi - Solomon Erik
Publisher: Mcgraw - Hill Education - Europe
Barcode: 9780071833653
Pages: 336 Pages, 30 Illustrations, Unspecified
Publication Date: 9/25/2014
Category: Investment & Securities