Dan Passarelli – författare

TRADE OPTIONS LIKE A SEASONED PRO!A Trading-Floor Veteran Shares his Secrets

"What I like about Dan''s book is that it''s obvious he isn''t just telling you how to trade, he''s telling you how he trades. There''s always a big difference between those who teach trading from an academic standpoint and those who have traded and have the ability to walk investors step by step through the trade. For my money, I always seek advice and counsel from those that walk the walk and Dan Passarelli has walked the walk."Jon Najarian, cofounder Trademonster.com

On Dan Passarelli’s first day as a clerk on the exchange floor, he spent the morning observing, practicing his hand signals, and running errands. Around midday, the veteran clerk he worked with said to him, “You’re up. I’m going to lunch.” Dan survived his trial by fire and went on to spend many years on the trading fl oor. He credits his success as a trader and educator to the hands-on experience he gained throughout his career.

With The Market Taker’s Edge, Passarelli shares the knowledge and insights other floor traders keep tight to their chests—the knowledge you need to beat the market on a regular basis.

This market maker turned market taker delivers a focused commentary on key concepts for operating in the options exchange like a pro. He offers a candid look at the ups and downs of his trading career and conveys the lessons he learned along the way in an informative and often entertaining way. After spending time on the floor in his shoes, you’ll understand:

How professional traders attempt to make money—and why it’s different from the way you make moneyWhy market makers are not the enemyHow both market takers and market makers can profit while taking opposite sides of the same tradeHow to focus on what is important in a trade and avoid the noise

Dan Passarelli has already taught thousands of people how to make a living as traders, and now with The Market Taker’s Edge, he can help you do it, too.

Veteran options trader Dan Passarelli explains a new methodology for option trading and valuation. With an introduction to option basics as well as chapters on all types of spreads, put-call parity and synthetic options, trading volatility and studying volatility charts, and advanced option trading, Trading Option Greeks holds pertinent new information on how more accurate pricing can drive profit.

Most options traders focus on strategies such as covered calls, vertical spreads, butterflies and condors, and so on. But traders often don''t know how to use the "greeks"—the five factors that influence an option''s price—to trade more effectively.

The "greeks" (Delta, Gamma, Theta, Vega, Rho) are tools to measure minute changes in an option''s price based on corresponding changes in:

Interest rates Time to expiration Price changes in the underlying security Volatility Dividends

Using the greeks can lead to more accurate pricing information that will alert an option trader to mispriced derivatives that can be exploited for profit. In straightforward language and making use of charts and examples, Passarelli explains how to use the greeks to be a better options trader.

Veteran options trader Dan Passarelli explains a new methodology for option trading and valuation. With an introduction to option basics as well as chapters on all types of spreads, put-call parity and synthetic options, trading volatility and studying volatility charts, and advanced option trading, Trading Option Greeks holds pertinent new information on how more accurate pricing can drive profit.

Most options traders focus on strategies such as covered calls, vertical spreads, butterflies and condors, and so on. But traders often don''t know how to use the "greeks"—the five factors that influence an option''s price—to trade more effectively.

The "greeks" (Delta, Gamma, Theta, Vega, Rho) are tools to measure minute changes in an option''s price based on corresponding changes in:

Interest rates Time to expiration Price changes in the underlying security Volatility Dividends

Using the greeks can lead to more accurate pricing information that will alert an option trader to mispriced derivatives that can be exploited for profit. In straightforward language and making use of charts and examples, Passarelli explains how to use the greeks to be a better options trader.

A top options trader details a practical approach for pricing and trading options in any market condition

The options market is always changing, and in order to keep up with it you need the greeks—delta, gamma, theta, vega, and rho—which are the best techniques for valuing options and executing trades regardless of market conditions. In the Second Edition of Trading Options Greeks, veteran options trader Dan Pasarelli puts these tools in perspective by offering fresh insights on option trading and valuation.

An essential guide for both professional and aspiring traders, this book explains the greeks in a straightforward and accessible style. It skillfully shows how they can be used to facilitate trading strategies that seek to profit from volatility, time decay, or changes in interest rates. Along the way, it makes use of new charts and examples, and discusses how the proper application of the greeks can lead to more accurate pricing and trading as well as alert you to a range of other opportunities.

Completely updated with new material Information on spreads, put-call parity and synthetic options, trading volatility, and advanced option trading is also included Explores how to exploit the dynamics of option pricing to improve your trading

Having a comprehensive understanding of the greeks is essential to long-term options trading success. Trading Options Greeks, Second Edition shows you how to use the greeks to find better trades, effectively manage them, and ultimately, become more profitable.

A top options trader details a practical approach for pricing and trading options in any market condition

The options market is always changing, and in order to keep up with it you need the greeks—delta, gamma, theta, vega, and rho—which are the best techniques for valuing options and executing trades regardless of market conditions. In the Second Edition of Trading Options Greeks, veteran options trader Dan Pasarelli puts these tools in perspective by offering fresh insights on option trading and valuation.

An essential guide for both professional and aspiring traders, this book explains the greeks in a straightforward and accessible style. It skillfully shows how they can be used to facilitate trading strategies that seek to profit from volatility, time decay, or changes in interest rates. Along the way, it makes use of new charts and examples, and discusses how the proper application of the greeks can lead to more accurate pricing and trading as well as alert you to a range of other opportunities.

Completely updated with new material Information on spreads, put-call parity and synthetic options, trading volatility, and advanced option trading is also included Explores how to exploit the dynamics of option pricing to improve your trading

Having a comprehensive understanding of the greeks is essential to long-term options trading success. Trading Options Greeks, Second Edition shows you how to use the greeks to find better trades, effectively manage them, and ultimately, become more profitable.

A step-by-step guide to market-beating options trading strategies that work in the real world In Build Consistent Wealth with Options: A New Mindset for Covered Call and Cash-Secured Put Investors, experienced trader and author Dan Passarelli shares for the first time a practical, hands-on guide to the popular options trading strategy known as “The Wheel.” Passarelli helps you overcome the most common and daunting obstacles that stand in the way of investors who try this strategy, changes theory into action and reveals the real-world steps to finally make it work for you. The book introduces the “Cycle/Recycle Trade,” a blueprint that turns a nuanced and effective options trading strategy—often praised as beating the trusted buy-and-hold—into repeatable results most miss. Inside the book: A step-by-step guide to building a mindset that nurtures the strengths of probability and edge in your investingExpert guidance on setting and achieving objectivesHands-on examples demonstrating how to react to common options trading scenariosPerfect for both retail and professional investors everywhere, Build Consistent Wealth with Options is an incisive, effective manual for the real-world application of options trading strategies that have stood the test of time.

A step-by-step guide to market-beating options trading strategies that work in the real world In Build Consistent Wealth with Options: A New Mindset for Covered Call and Cash-Secured Put Investors, experienced trader and author Dan Passarelli shares for the first time a practical, hands-on guide to the popular options trading strategy known as The Wheel. Passarelli helps you overcome the most common and daunting obstacles that stand in the way of investors who try this strategy, changes theory into action and reveals the real-world steps to finally make it work for you. The book introduces the Cycle/Recycle Trade, a blueprint that turns a nuanced and effective options trading strategy often praised as beating the trusted buy-and-hold into repeatable results most miss. Inside the book: A step-by-step guide to building a mindset that nurtures the strengths of probability and edge in your investing Expert guidance on setting and achieving objectives Hands-on examples demonstrating how to react to common options trading scenarios Perfect for both retail and professional investors everywhere, Build Consistent Wealth with Options is an incisive, effective manual for the real-world application of options trading strategies that have stood the test of time.