{ "item_title" : "Options Trading I", "item_author" : [" Capital Academie Editions", "Herbert Kevin Mouckoumbi "], "item_description" : "Learn how options really work, how professional traders think about risk, and how to build a structured trading process before putting serious capital at risk.Options Trading I is a comprehensive introduction to the mechanics, strategies, pricing dynamics, risk management principles, and psychology of options trading. Designed as a practical foundation rather than a collection of shortcuts, the book takes readers from calls and puts to spreads, volatility strategies, the Greeks, portfolio protection, advanced combinations, and the development of a complete trading plan. You will begin by understanding the essential building blocks of options: calls, puts, strike prices, premiums, expiration dates, intrinsic value, time value, leverage, and break-even points. The book then explains how option prices are influenced by volatility, time decay, interest rates, market sentiment, liquidity, and the behavior of the underlying asset. You will learn how to: - Understand calls and puts and when each may be appropriate- Calculate break-even points, potential gains, and potential losses- Use Delta, Gamma, Theta, Vega, and Rho to understand option sensitivity and risk- Distinguish historical volatility from implied volatility- Understand how time decay can work against option buyers and in favor of certain sellers- Use covered calls to generate option premium from existing stock positions- Apply protective puts to hedge portfolio downside- Build bullish and bearish positions with bull call spreads and bear put spreads- Trade volatility using straddles and strangles- Use iron condors, butterflies, calendar spreads, diagonal spreads, collars, and vertical spreads in different market conditions- Evaluate the impact of earnings, economic reports, interest rates, dividends, regulatory events, and geopolitical developments- Analyze liquidity, bid-ask spreads, open interest, and execution quality- Combine technical analysis, fundamental analysis, the Greeks, and scenario analysis- Apply position sizing, stop-losses, hedging, and risk-reward analysis- Backtest strategies before committing real capitalA major strength of the book is its focus on risk management. Options offer leverage and flexibility, but those advantages can become dangerous when position sizing, volatility exposure, liquidity, and maximum loss are ignored. The book therefore emphasizes capital preservation, hedging, predefined risk, and continuous adjustment as essential parts of sustainable trading. The book also explores how strategies should change with market conditions. Bull call spreads can be used when moderate upside is expected, bear put spreads when downside is anticipated, iron condors in range-bound markets, and straddles or strangles when large movements are expected but direction remains uncertain. Just as importantly, addresses trading psychology. Technical knowledge alone is not enough. Successful execution requires discipline, emotional control, predefined decision rules, performance tracking, and the ability to remain rational under pressure. The final sections bring everything together through advanced strategies, real-world case studies, backtesting, performance review, and the construction of a complete trading plan. The objective is not simply to learn isolated strategies, but to understand when, why, and how to deploy them within a coherent risk framework.Whether you are completely new to options or want to rebuild your knowledge on a stronger foundation, this book provides a structured path toward more informed, disciplined, and adaptable trading.Stop treating options as bets on direction. Start understanding volatility, probability, time, risk, and strategy-and build the foundation required to trade options with greater confidence and discipl", "item_img_path" : "https://covers3.booksamillion.com/covers/bam/9/79/886/494/9798864946954_b.jpg", "price_data" : { "retail_price" : "19.99", "online_price" : "19.99", "our_price" : "19.99", "club_price" : "19.99", "savings_pct" : "0", "savings_amt" : "0.00", "club_savings_pct" : "0", "club_savings_amt" : "0.00", "discount_pct" : "10", "store_price" : "" } }

Overview