Exploiting Earnings Volatility: An Innovative New Approach to Evaluating, Optimizing, and Trading Option Strategies to Profit from Earnings Announcements
| Author | : | |
| Rating | : | 4.66 (751 Votes) |
| Asin | : | 0996182306 |
| Format Type | : | paperback |
| Number of Pages | : | 254 Pages |
| Publish Date | : | 2013-11-17 |
| Language | : | English |
DESCRIPTION:
"Very Excellent" according to springmoon. I love this book! Trading earnings options is exactly what I do, and when I came across this book, I was very excited about it. I consider myself to be more right brained than left brained, so it was challenging to go through the math and formulas. But, the concepts are truly innovative and Brian Johnson's explanations are . "A rare gem!" according to Giuseppe Taibi. Most books about trading are filled with generic ideas which might sound interesting in theory or but offer very little practical advice. I am delighted to report that this is definitely not the case for Brian Johnson's book. The author covers the material with the right mix of theory and practice so that every reader can g. Ready to go; just add margin. Through original research, Brian delivers a comprehensive framework for trading options on equities around earnings announcements in this book. After using the spreadsheets that came with the book, I've identified both past trades and trades in real-time. My results are very promising so far.To potential buyers and practiti
From the AuthorTwo spreadsheets are included with Exploiting Earnings Volatility to help traders of all experience levels incorporate the analytical framework in their investment process. To minimize potential compatibility issues, I did not use macros in the Basic spreadsheet that accompanies this book. The included Integrated spreadsheet is more complex, but far more versatile. Macros are included in the Integrated spreadsheet to enhance usability, which may generate compatibility problems for older versions of Excel, non-English language versions of Excel, non-Microsoft versions of Excel, or non-Windows versions of Excel. Please install the Solver Add-in and Solver VBA reference from a blank workbook Before attempting to open or access the two Excel spreadsheets that accompany this book.I hope you enjoy the book and find the tools useful and educational.
In addition to his professional investment experience, he also designed and taught courses in financial derivatives for both MBA and undergraduate business programs. Based on this technology, Mr. Johnson holds a B.S. His first book, Option Strategy Risk / Return Ratios: A Revolutionary New Approach to Optimizing, Adjusting, and Trading Any Option Income Strategy, was publis
Leveraging his extensive background in option-pricing and decades of experience in investment management and trading, Brian Johnson developed this inventive approach specifically to design and manage option earnings strategies. The practical application of this formula has profound implications for option trading and strategy development. The unique price and volatility behavior of options before and after discrete earnings announcements is an enigma to most option traders, even to many professionals. A separate chapter provides a conceptual and mathematical explanation of “True Greeks,” accurate measures of risk and return sensitivity that reflect the real-world behavior of options. Four chapters explain how to use the Basic and Integrated spreadsheets and two chapters document trade examples that use actual market data and analytical results from both spreadsheets to design a unique option strategy to exploit earnings-related pricing and volatility anomalies. The final chapter examines practical considerations and prospective applications of these innovative new tools. Furthermore, Exploiting Earnings Volatility also includes two Excel spreadsheets. In an A