248 Index
spread (continued)
comparisons, 113, 115–116
cover, 117–119
debit and credit, 116–117
diagonal, 112–113, 114
horizontal, 111, 114
modifications, 122–125
put, 119–125
ratio calendar spread,
123–125
short, 142–143
strategies, 109–116
vertical, 111, 114
stock selection
fundamental, 9–21, 52
technical, 22–26
strategies, 222–225
ground rules, 6–9,
218–222
objectives, 8–9
value, 19–21
straddle, 109–110, 125–130,
146–149, 180
strike price, 57
support level, 23
swing trading, 155, 163–176
tax risk, 206–209
time value premium, 64, 67,
71–72
trading range, 23–24
unavailable market risk,
204–206
uncovered calls, 61–62, 94–
99, 117–119
uncovered puts, 50, 62–63,
99–101
underlying security, 59
United Airlines, 197
value investors, 153, 234–235
vertical spread, 111, 114
volatility,