THE DISCIPLINED OPTIONS TRADER (THE DISCIPLINED TRADER SERIES)

A Practitioner's Guide to Portfolio Greeks, Position Sizing, and the Discipline Failures That Destroy Technically Competent Options Traders

Options don't just carry price risk. They carry time, volatility, and structure risk - and most traders are only managing one of the three. P.R.I.S.M. - Process, Risk-first sizing, Instrument mechanics, Systematic volatility adjustment, Measured execution - is the five-part discipline framework that anchors every book in this series.
This book applies that framework to the most structurally complex instrument in the series. Options positions decay, gain and lose sensitivity to volatility independent of price, and can move against you even when you're right about direction. This book exists to close that gap.
Inside:
- Seven structure-specific playbooks covering spreads, condors, calendars, and other multi-leg positions
- A volatility-adjusted sizing method that accounts for vega and theta exposure, not just direction
- The Kill Switch system reframed around Greeks-based drawdown triggers, not just P&L
This is not an options strategy book. It assumes you already know how to construct a position. It teaches you how to manage what happens after you do.

Juli 2026, ca. 168 Seiten, THE DISCIPLINED OPTIONS TRADER (THE DISCIPLINED TRADER SERIES), Bd. 4, Englisch
Independently Published
979-8-1865-5032-7

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