The New Option Secret - Volatility: The Weapon of the Professional Trader and the Most Important Indicator in Option Trading [Paperback]

David L. Caplan (Author)

Book Description

Publication Date: December 15, 1996

Option master David Caplan reveals how option volatility . . .- Accurately indicates market tops Ft bottoms- Signals which option strategy is best to use- Indicates whether options should be bought or sold- Can be used to increase your probability of profitPlus - discover high-powered strategies for...- Exploiting option market inefficiencies- Using neutral option strategies to trade like a "bookie"- Recognizing and increasing returns by selling overvalued options,- Using "special circumstances" and trading range markets to your advantage- Benefiting from reliable seasonal tendencies in volatility- Volatility charts of the futures' options markets, methods used most frequently by top options traders, common mistakes to avoid - and much more! "For the first time an "insider" has revealed the "secret" of the professional option traders who well "overvalued" options to unsuspecting public traders."-Ken Trester, author of The Complete Option Player"As a professional option trader, I found The Option Secret gave me new perspectives on using 'over and undervalued options.' I only hope others DON'T read it - and get too smart!"-Jon Najarian, option trader profiled in The Supertraders"This book is long overdue. It should not be missed by anyone who trades futures or stocks."-Chris Myers, president, Traders' Library

Product Details

• Paperback: 310 pages
• Publisher: Marketplace Books, Inc. (December 15, 1996)
• Language: English
• ISBN-10: 1883272335
• ISBN-13: 978-1883272333
• Product Dimensions: 11 x 8.5 x 0.6 inches
• Shipping Weight: 1.5 pounds (View shipping rates and policies)
• Average Customer Review: 4.0 out of 5 stars  See all reviews (5 customer reviews)
• Amazon Best Sellers Rank: #258,650 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

23 of 24 people found the following review helpful:

5.0 out of 5 stars I'm not fond of options....but this is a great book!, April 30, 2003

By 

Super Trader - See all my reviews
(VINE VOICE)   

This review is from: The New Option Secret - Volatility: The Weapon of the Professional Trader and the Most Important Indicator in Option Trading (Paperback)

Mr.Caplan has put a great spin on option investing. If 90% of options expire worthless why buy them, just sell them. This is where this book shines. I have been involved with futures for 11 years. I have been a broker an investor ...

In each instance I have avoided options on futures. With Mr.Caplan's assessment on how volatitlity plays a key role to determining what options to sell and what price to sell them at. I was impressed at how he was able to take a complicated subject and make it easy to read.

His inclusion of articles from various other option traders was great as well.

15 of 15 people found the following review helpful:

4.0 out of 5 stars Worth a Read, December 8, 2002

By A Customer

This review is from: The New Option Secret - Volatility: The Weapon of the Professional Trader and the Most Important Indicator in Option Trading (Paperback)

Though dated and focused on Futures, I found this book to be very helpful. The last 3rd of this book is a collection of articles written by other authors on the subject. Very useful!

Why not 5 stars? It is focused on Futures instead of Options in general.
This is only mildly annoying as most of the information is relevant to Options.

Again, very helpful book.

2 of 3 people found the following review helpful:

5.0 out of 5 stars Excellent, March 31, 2010

By 

John A "Investwise" (Boston, MA) - See all my reviews

This review is from: The New Option Secret - Volatility: The Weapon of the Professional Trader and the Most Important Indicator in Option Trading (Paperback)

Discover how option Volatility indicates market tops/bottoms, how it tells you the best strategy to use, how it indicates whether options should be bought or sold & how it can be used to take advantage of premium "disparity" between option stock prices. Learn expert ways to exploit opition market inefficiences, how to use "neutral strategies" to trade like a "bookie" and methods that take advantage of seasonal factors in volatility.