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The updated edition of this book
contains very useful additions. The first of the four new chapters looks at arbitrage
relationships. Although these strategies are usually beyond the capacity of the private
trader, it is useful to know how they are used by larger fund managers and traders.
Understanding their behaviour helps to identify opportunity, or to recognise early warning
signs of danger to your trading approach.
The second new
chapter shows how Bower trades the market. It is always interesting to see how others
tackle the same problems that we all face. The third new chapter continues this theme with
information on selecting an effective options broker, information systems and other
practical issues related to the implementation of your option trading strategy.
The new appendix
provides an expanded reference with information about options trading sites on the web,
forms for recording trades and trade progress, and a summary of the best options markets.
The new material
makes this a significant upgrade for this book. Additionally the workbook sections at the
end of each chapter have also been revised and updated.
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