Wiley Trading

2 primary works • 4 total works

Trading VIX Derivatives

by Russell Rhoads

Published 1 January 2011

A guide to using the VIX to forecast and trade markets

Known as the fear index, the VIX provides a snapshot of expectations about future stock market volatility and generally moves inversely to the overall stock market. Trading VIX Derivatives will show you how to use the Chicago Board Options Exchange's S&P 500 volatility index to gauge fear and greed in the market, use market volatility to your advantage, and hedge stock portfolios. Engaging and informative, this book skillfully explains the mechanics and strategies associated with trading VIX options, futures, exchange traded notes, and options on exchange traded notes.

Many market participants look at the VIX to help understand market sentiment and predict turning points. With a slew of VIX index trading products now available, traders can use a variety of strategies to speculate outright on the direction of market volatility, but they can also utilize these products in conjunction with other instruments to create spread trades or hedge their overall risk.

• Reviews how to use the VIX to forecast market turning points, as well as reveals what it takes to implement trading strategies using VIX options, futures, and ETNs
• Accessible to active individual traders, but sufficiently sophisticated for professional traders
• Offers insights on how volatility-based strategies can be used to provide diversification and enhance returns

Written by Russell Rhoads, a top instructor at the CBOE's Options Institute, this book reflects on the wide range of uses associated with the VIX and will interest anyone looking for profitable new forecasting and trading techniques.

Option Spread Trading

by Russell Rhoads

Published 8 December 2010

A practical guide to unlocking the power of option spreads When dealing with option spreads your looking to purchase one option in conjunction with the sale of another option. If managed properly, these spreads can provide experienced investors with the potential for large returns without undertaking a great deal of risk. Option Spread Trading provides a comprehensive, yet easy-to-understand explanation of option spreads, and shows you how to select the best spread strategy for any given market outlook. Along the way, author Russell Rhoads discusses spread strategies that can be used to profit from a strong up or down directional move in a stock, a stagnant market, or a highly volatile market. He also details how you can harness the leverage of options to create a low-risk position that provides the potential for a big profit.
* All manner of spreads are covered, from calendar and horizontal spreads to vertical and diagonal spreads * Highlights how you can monitor and adjust an existing spread position and provides tips on how to exit a spread trade * Includes exercises and examples to test and reinforce your knowledge of the concepts presented Option spread trading has become increasingly popular with active traders and investors. Gain a better understanding of this powerful approach with Option Spread Trading as your guide.

Trading Weekly Options

by Russell Rhoads

Published 11 October 2013

A comprehensive resource for understanding and trading weekly options Weekly options are traded on all major indices, as well as high volume stocks and ETFs. They continue to surge in popularity, accounting for as much as twenty percent of daily options volume. And while existing options strategy can be used with weeklys, they are particularly conducive to premium selling strategies and short-term trades based on a news item or technical pattern. With this timely guide, and its companion video, you'll learn exactly how to use weeklys to make more money from option selling strategies and how to make less expensive bets on short-term market moves. Written by Russell Rhoads, a top instructor at the CBOE's Options Institute, Trading Weekly Options + Video skillfully explains the unique pricing and behavioral characteristics of weekly options and shows how to take advantage of those unique features using traditional option strategies.
* The first book and video combination product focused solely on weekly options * Outlines the most effective trading strategies associated with weekly options, including taking advantage of the accelerating time-decay curve when an option approaches expiration * Filled with the practical, real-world insights of author Russell Rhoads, an expert in this field Created with both the experienced and beginning option traders in mind, this book and video package will help you make the most of your time trading weekly options.

Trading Weekly Options Video Course

by Russell Rhoads

Published 3 February 2014

Run time: 77 minutes. The Trading Weekly Options Video Course takes segments of the actual book that apply to all levels of traders and expands on these essential topics. This 90-minute course includes a comprehensive introduction to short dated or weekly options. Short and long option strategies are also covered in this section to highlight how options, with just a few days remaining until expiration, can be traded. Nothing is more exciting for market participants than stock price reactions to earnings announcements. The second section of this video course discusses what every trader should know about earnings announcements from clarifying why they are so important for short-term stock and option traders to different strategies that may be implemented around an earnings event. Rounding out the course is an informative section involving short-term trading with index options. After introducing these unique options, strategies appropriate for index options are covered.
* An accessible video product focused solely on weekly options * Outlines the most effective trading strategies associated with weekly options, including taking advantage of the accelerating time-decay curve when an option approaches expiration * Filled with the practical, real-world insights of Russell Rhoads, an expert in this field * Traces the likely path of the stock market through 2025 Engaging and insightful, Trading Weekly Options Video Course will put you in a better position to excel at this demanding endeavor.