Option Spread Strategies

Tools and tactics for sideways markets Making trades in a directionless market can be a challenge, and directionless markets occur more frequently than bull and bear markets combined. Options pioneer and noted author Anthony J. Saliba provides readers with the tools and tactics to address a sideways market. Saliba focuses on strategies in the butterfly family of options-butterflies, condors, and iron butterflies-showing how to use these sophisticated tools in these markets. This hands-on guide illustrates numerous market scenarios to show you step-by-step how and when to apply these butterfly strategies. You'll find out how to identify, enter, manage, and exit a trade. Exercises and quizzes test your comprehension to help you obtain the knowledge to tackle directionless markets. "With detailed and insightful discussions on strategy application and position management, this book offers a tactical approach-something I have not found in other books. " Göran Ekman Head of Sales, Financial Training, OMX.