Trading CTM (Close to the Money) Options: The Trade with a Built-in Edge

Name: Trading CTM (Close to the Money) Options: The Trade with a Built-in Edge
Rating: 2 (1 reviews)

Mark D. Wolfinger

Feb 2012 · FT Press

2.0

1 review

Ebook

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About this ebook

Iron condor trading has a lot to recommend it because the strategy is easy to understand and the trade can be set up with a high probability of making money. Those are very enticing qualities for traders, especially rookie traders.

In Trading CTM (Close to the Money) Options, Wolfinger explains why better results are achieved by trading closer-to-the-money (CTM) iron condors. Discover why it’s actually advantageous to trade with a reduced probability of winning. The combination of larger profits (and smaller losses), coupled with the ease of making risk-reducing adjustments (if needed) make CTM iron condors the winning choice.

Read the clear arguments why CTM iron condors come with a built-in trading advantage.

Important reminder: No strategy is suitable under all market conditions.

Ratings and reviews

2.0

1 review

About the author

Mark D. Wolfinger has been trading options for more than 37 years and served as a market maker on the trading floor of the Chicago Board Options Exchange (CBOE). For more than 12 years, he has taught individual investors how to adopt risk-reducing, profit-enhancing option strategies. He is author of three books, including The Rookies Guide to Options: The Beginner's Handbook of Trading Equity Options, which shows options newcomers how seasoned traders make their trading decisions and describes six leading option strategies in detail.

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