Would you like to have success in trading options much like the success of a casino that consistently grinds out profits each day? Casinos are successful because they have a definite probability edge on every gambling opportunity that they offer. They rely on the law of large numbers to guarantee that their probability edge will produce profits. When trading options, you can also do this if you have an edge. This book will show you how to get an edge in your options trading. Then, like the casinos, your edge will translate into small but consistent gains. The book will show you how to best exploit your edge, and it will guide you in the selection of the equity that you trade, selection of the strategy, selection of the strikes and expiration cycle, sizing and placing the trade, monitoring progress, and managing the trade.

The book covers basic information about options including all of the common strategies, the option pricing model, and the greeks. It then discusses six sources of edge for sellers of option premium. Then it shows the reader how to select equities that take advantage of the combined edge, how to decide on the best strategy, how to determine the risk and to size the trade, how to place the order, and how to monitor and manage the trade. Each decision can be totally mechanical, based on the values of one or more metrics. And the software provided with the book computes all of the metrics that you will need.

If you follow the approach described in this book, I believe you will be able to achieve profits of 1 percent to 2 percent or more each month in markets that are moving up, down, or going nowhere.

你想在期权交易上取得成功吗？就像赌场每天不断地赚取利润一样？赌场之所以成功，是因为它们在提供的每一个赌博机会上都有一定的概率优势。他们依靠大数定律来保证他们的概率优势会产生利润。在交易期权时，如果你有优势，你也可以这样做。这本书将向你展示如何在期权交易中获得优势。然后，像赌场一样，你的优势将转化为小而稳定的收益。这本书将向你展示如何最好地利用你的优势，它将指导你选择你交易的股票、选择策略、选择罢工和到期周期、确定交易规模和安排交易、监测进展和管理交易。
这本书涵盖了期权的基本信息，包括所有的常见策略，期权定价模型，和希腊。然后讨论了期权溢价卖方的六种优势来源。然后向读者展示了如何选择利用组合优势的股票，如何决定最佳策略，如何确定风险和交易规模，如何下订单，以及如何监控和管理交易。根据一个或多个指标的值，每个决策都可能是完全机械的。书中提供的软件可以计算出你需要的所有指标。
如果你遵循这本书中描述的方法，我相信你将能够实现利润的百分之一至百分之二或以上，每月在市场正在上升，下降，或无路可走。