Chapter 15 Options for Specialized Trading: Leveraging the Technical Approach

We live in a fantasy world, a world of illusion. The great task in life is to find reality.

̶̶ Iris Murdoch, in The Times (London), April 15, 1983

Many traders consider options trading as an isolated and separate strategy. Options are used to speculate or to hedge existing stock positions, and, for many traders, that is the full extent and value of options. But options are so flexible and convenient that they can be used in numerous specialized situations as well.

A popular system in use today is swing trading. This is an excellent technical trading method for anyone who wants to be involved in short-term market plays lasting between two and five days. Swing traders ...

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