Preface

This book is written for experienced equity and index option traders who are interested in exploring new technical strategies and analytical techniques. Many fine texts have been written on the subject, each targeted at a different level of technical proficiency. They range from overviews of basic options positions to graduate-level reviews of option pricing theory. Some focus on a single strategy, and others are broad-based. Not surprisingly, many fall into the "get rich quick" category. Generally speaking, books that focus on trading are light on pricing theory, and books that thoroughly cover pricing theory usually are not intended as a trading guide.

This book is designed to bridge the gap by marrying pricing theory to the realities ...

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