Über dieses Produkt

Product Identifiers

PublisherWiley & Sons, Incorporated, John

ISBN-100470243740

ISBN-139780470243749

eBay Product ID (ePID)66849663

Product Key Features

Number of Pages240 Pages

LanguageEnglish

Publication NameForex Options Course : a Self-Study Guide to Trading Currency Options

SubjectForeign Exchange, Investments & Securities / Options

Publication Year2008

TypeTextbook

AuthorAbe Cofnas

Subject AreaBusiness & Economics

SeriesWiley Trading Ser.

FormatTrade Paperback

Dimensions

Item Height0.6 in

Item Weight15.1 Oz

Item Length10 in

Item Width7 in

Additional Product Features

Intended AudienceScholarly & Professional

LCCN2008-018570

TitleLeadingThe

Dewey Edition22

Series Volume Number355

IllustratedYes

Dewey Decimal332.4/5

Table Of ContentPreface ix Acknowledgments xi About the Author xiii PART ONE Key Option Elements 1 CHAPTER 1 The Elements of an Option Trade 3 Plain Vanilla Options 3 Purchasing an Option 3 Writing an Option--Beginners Don't 8 Elements of an Option Trade or Ticket 10 The Greeks 15 Summary 23 CHAPTER 2 What Affects Forex Option Prices? 25 Time 25 Volatility 27 Summary 50 PART TWO Forex Market Drivers 51 CHAPTER 3 Finding Direction for Your Forex Option Trade 53 The Importance of Interest Rate Expectations 53 How to Anticipate the Direction of the Federal Open Market Committee (FOMC) 54 How to Use Housing Sector Data for Developing Forex Option Trade Direction 62 Evaluating Real Estate Exchange-Traded Funds (ETFs) 71 Summary 77 CHAPTER 4 Tracking Fundamental Directions 79 Using Currency Targeted Exchange-Traded Funds (ETFs) to Determine If the Market Is Dollar Bearish or Bullish 79 Diagnosing Global Economic Conditions 83 Group Currencies by Purchasing Power Parity (PPP) (Big Mac Index) 84 Tracking the Currency-Commodity Connection 94 The Currency Outlook Checklist 97 Summary 98 PART THREE Timing the Trade with Technical Analysis 99 CHAPTER 5 Chart Patterns and Trade Entry 101 Chart Patterns and How to Use Them 101 Scanning for Volatility 110 Summary 114 CHAPTER 6 Using Experts to Shape Trading Decisions 115 Forecasting Accuracy? 116 Professional Sources of Expert Forex Opinion 117 Follow the Housing Prices 122 Follow the Think Tanks 124 Follow the Bank Forecasts 125 Summary 128 PART FOUR Forex Options Strategies 129 CHAPTER 7 Vanilla, Spreads, and Volatility Strategies 131 Plain Vanilla Strategies 131 Currency Pair Spreads: Playing the Correlations and Divergencies 133 Commodity-Currency Spread Strategies 139 Carry Trade Option Strategies 144 Trading Delta Call/Put Ratios 147 Trading Vega or Volatility 150 Gamma Spread Trading 154 Key Forex Option Combinations and Components 156 Summary 163 CHAPTER 8 Binary Option Strategies 165 What Is a Binary Option? 166 Using Exotics to Derive Market Sentiment 170 Combining Binary Options with Plain Vanilla and Spot Trading 173 Summary 177 CHAPTER 9 Option Strategies for Extreme Outcomes and Scenarios 179 Recession in China or Continued Boom 179 Option Trading to Play Carry Trades with Hedge--Putting on Collars 181 $ 1000 + Gold and $200 + Crude Oil 182 Trading $Oil Shock ($200) in Forex Options 183 Play a U.S. Stagflation and Inflation 184 Preemptive Attack on Iran 184 Recovery of Housing 185 Summary 185 CONCLUSION Putting It All Together 187 Achieving Optimal Forex Option Trading Fitness 187 Forward Testing Your Forex Option Trading Fitness 188 Where to Trade Forex Options 189 APPENDIX Selected Futures Columns 191 Index 213

SynopsisA pioneer in currency trading highlights how certain options strategies can be profitably employed in todays forex market The Forex Options Course is a practical, hands-on guide to mastering forex options. This book focuses on spot forex options, but also covers more traditional exchange-traded options., The Forex Options Course is a practical, hands-on guide to understanding and trading forex options. Designed to build a trader's knowledge base in a step-by-step manner, this reliable resource moves from the straightforward to the more sophisticated with discussions of everything from basic plain vanilla calls and puts to intriguing first-generation exotic binary options. Written in a straightforward and accessible style, The Forex Options Course will help you develop the skills and strategies needed to succeed in today's dynamic forex market., Praise for THE FOREX OPTIONS COURSE The Forex Options Course is a practical, hands-on guide to understanding and trading forex options. Designed to build a traders knowledge base in a step-by-step manner, this reliable resource moves from the straightforward to the more sophisticated with discussions of everything from basic plain vanilla calls and puts to intriguing first-generation exotic binary options. Organized as a self-paced guide, The Forex Options Course: Lays out the key elements of forex options from how option premiums are impacted by volatility to the basic elements of "the Greeks" Highlights different forex option strategies and tactics Breaks down essential forex market drivers Reviews important chart patterns that identify conditions for entering a trade and display market sentiment Learning about trading must be interactive, so throughout the book, youll also find "assignments" that test your skills. Theyre designed to help you assess how well you understand the material, and guide you in finding and using valuable information for scanning currency conditions. Filled with in-depth insights and practical advice, The Forex Options Course will help you develop the skills and strategies needed to succeed in todays dynamic forex market.

LC Classification NumberHG3853.C638 2009