The Little Book of Trading Options Like the Pros

"Michael Green and David Berns show how to make good risk-adjusted returns by taking advantage of structural inefficiencies in the options market. If you trade options or hedge risk by using options, you will gain from learning all their insights." --DAVID EINHORN, Greenlight Capital In The Little Book of Trading Options Like the Pros, a team of veteran options and derivatives traders delivers an expert account of how to master the zero-sum game of options trading. Rather than simply gambling in the market as many retail investors tend to do, you'll learn how to trade like an "option market maker," gaining an advantage over less-informed, newbie options traders and making a small amount of money, on average, on each trade, much like the house in Las Vegas or an insurance company selling policies. A one-stop resource for everyone looking to become a pro-leveltrader, including engaging anecdotes and solid institutional knowledge, The Little Book of Trading Options Like the Pros clarifies the only type of pro trade to make in the options market, with examples of basic trades and why they work well and a wealth of guidance on picking strike and expiry selection.