Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.

  • Apple
  • Android
  • Windows Phone
  • Android

To get the free app, enter your email address or mobile phone number.

Options for Risk-Free Portfolios: Profiting with Dividend Collar Strategies 2013th Edition

2.6 out of 5 stars 5 customer reviews
ISBN-13: 978-1137282576
ISBN-10: 1137282576
Why is ISBN important?
ISBN
This bar-code number lets you verify that you're getting exactly the right version or edition of a book. The 13-digit and 10-digit formats both work.
Scan an ISBN with your phone
Use the Amazon App to scan ISBNs and compare prices.
Have one to sell? Sell on Amazon
Buy used On clicking this link, a new layer will be open
$50.00 On clicking this link, a new layer will be open
Buy new On clicking this link, a new layer will be open
$55.98 On clicking this link, a new layer will be open
More Buying Choices
22 New from $32.20 13 Used from $20.00
Free Two-Day Shipping for College Students with Amazon Student Free%20Two-Day%20Shipping%20for%20College%20Students%20with%20Amazon%20Student


Save Up to 90% on Textbooks Textbooks
$55.98 FREE Shipping. Only 1 left in stock (more on the way). Ships from and sold by Amazon.com. Gift-wrap available.

Editorial Reviews

About the Author

Michael Thomsett has written over 70 books on the topics of options, trading, investing, real estate, and business management. He has also written two history books (The German Opposition to Hitler and The Inquisition), four specialized dictionaries, and five books of quotations on specialized topics. Thomsett's six best-selling books have sold over one million copies in total. He currently teaches at the New York Institute of Finance.

NO_CONTENT_IN_FEATURE



Product Details

  • Hardcover: 293 pages
  • Publisher: Palgrave Macmillan; 2013 edition (April 22, 2013)
  • Language: English
  • ISBN-10: 1137282576
  • ISBN-13: 978-1137282576
  • Product Dimensions: 6.3 x 1.2 x 10.9 inches
  • Shipping Weight: 1.1 pounds (View shipping rates and policies)
  • Average Customer Review: 2.6 out of 5 stars  See all reviews (5 customer reviews)
  • Amazon Best Sellers Rank: #2,519,935 in Books (See Top 100 in Books)

More About the Author

I have been writing professionally since 1978 and fulltime since 1984. Today I operate my options educational website at ThomsettOptions.com
From 1978 to 1984 I wrote part-time and also was a consultant in the financial services industry. Once I began writing fulltime, I began in the magazine journalism field as a freelancer. In 1985 and 1986 I wrote approximately 500 articles in business, trade and professional magazines. I then switched over to books exclusively and have written over 70 books. These include my own as well as ghost-written projects.
Today I like to work on multiple books at the same time, normally two or three projects. Being able to switch back and forth keeps the writing process fresh and interesting. I generally write from 7 a.m. until noon and spend afternoons on research.

Customer Reviews

Top Customer Reviews

Format: Hardcover
Worst book I have ever read (detailed reasons for my review below)

I just decided after reading 70% of the book that I can't take it any more. I am absolutely amazed at the very elementary mistakes in the book. It has left a very poor impression. Initially I thought I will not bother, but then considering the amount of effort I took in getting the book yesterday, I think it is my duty to post this. This is by no means a comment on the strategy itself. If a collar is done properly can be a good strategy...however I see little honesty in the way the author has tried doing the collars...the reason I am using such strong words is because the author has conveniently ignored Bid/ask spreads to prove his point.....he repeatedly gives examples (details below) of selling Calls at Ask price instead of using the Bid...well he gotto think the market makers are all fools.....initially when I strated noticing the errors, I didnot pay so much attention as I thought it must be a typo...however as I kept reading, I realized that it was not only WRONG information, mistaken calculations but it was also plain and simple dishonesty....yes when someone is trying to prove a point by repeatedly using the ask price for selling options, I call it dishonesty. it can be seriously misleading to a new option trader and what apparently is a good strategy will lose money as the bod/ask spread is a fact of life in trading.

There are multiple errors in the book. Here are some of the examples:

Example - 1

Page 96 (chapter 4 - Downside protection, The Insurance PUT), last paragraph:

"For example, you purchased 100 shares of AT&T (T) at $32/share in April. By June 14, the price has risen to $35.21.............
Read more ›
Comment 15 of 16 people found this helpful. Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
Format: Kindle Edition
I like some of Thomsett's earlier stuff, but this one seems to be selling snake oil. The opportunity this book is looking for are very rare even by the authors admission, I have yet to find any. Although Mr Thomsett claims otherwise, the main strategy seems to be dividend arbitrage. It looks for miss-pricing between the synthetic short stock (buy put, sell call at same strike) and buying the stock and collecting the pending dividend. It can look good on paper (although even that's rare), but by the time you factor in commissions and the risk of the short call going ITM and being exercised (and you being forced to PAY the dividend) , not certain there is any opportunity for the retail investor. Learn how to master vertical call spreads instead, and leave the arbitrage related strategies to the professionals.
Comment 8 of 9 people found this helpful. Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
Format: Kindle Edition
I don't think I'll ever buy another book, course, or seminar where the "educator" uses a demo account. It is entirely possible to wrack up hundreds of thousands of dollars of monopoly money using a demo account, and then tout the next best trading system. Michael Thomsett is yet another demo trader, and if you follow his tweets he posts daily about yet another huge percentage winner he has with his methods. He rarely tells you that it is only on a demo account.

Think of it this way. If these people REALLY made such HUGE profits, why don't they trade it live? What's so scary about going live if you are wracking up such huge gains on your fake account? Something is holding them back, what can it be? If the system were really THAT good they would trade it, not merely play a game with it.

Beware of all option "educators." Very rarely will you find one that trades live, that has skin in the game, and that will show you every live trade, good or bad. Everyone else hides behind the old warn out "this is for educational purposes only", meaning I don't trade this way myself nor is this a recommendation, it's just for "education." Steer clear of this stuff!

This particular book is now somewhat outdated as Michael now uses different method for calculating his prices, still using demo dough of course, and does not include any commission fees.

I will give all "option education companies" that demo trade only a 1 star. They're practically useless.
Comment 1 of 1 people found this helpful. Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
Format: Kindle Edition
I found this to be a most informative book. Have been looking for an almost risk free option strategy and if it works, this could be it. I will have to try the strategy to see if it works and hope to revise this review if I succeed. The book spells out the strategy in detail as well as alternative strategies one might try. The author is on twitter and email and is always willing to share his expertise. I do agree with a prior post that maybe too much time was spent on other strategies and possibly more detail would help on the collar. That is the only reason I took off 1 star.
Anyone trading options should read this not only for the collar strategy but for the other strategies discussed in the book. I believe the author is really out to help others rather than just to profit for himself.
25 Comments 4 of 7 people found this helpful. Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
Format: Hardcover
I bought this book and while there may be some errors, the concepts presented are sound. I am glad I purchased the book.
Comment 0 of 2 people found this helpful. Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse

Set up an Amazon Giveaway

Amazon Giveaway allows you to run promotional giveaways in order to create buzz, reward your audience, and attract new followers and customers. Learn more
Options for Risk-Free Portfolios: Profiting with Dividend Collar Strategies
This item: Options for Risk-Free Portfolios: Profiting with Dividend Collar Strategies
Price: $55.98
Ships from and sold by Amazon.com