Description
In a straightforward approach, Hanania Benklifa provides readers the practical knowledge needed to trade options conservatively in Profiting with Iron Condor Options: Strategies from the Frontline for Trading in Up or Down Markets. The objectives are simple: make 2%-4% a month staying in the market as little as possible. Market experts use option condors to consistently earn monthly returns while trading conservatively and staying in the market as little as possible. Benklifa--who manages $10+ million in condor trades each month--shows you exactly how to run these trades and earn these returns, delivering all the details you need to master every nuance of this remarkable strategy. Benklifa shares option condors examples using market realities, not oversimplified abstractions. You'll learn how to handle real-life market dynamics that can dramatically impact results, including rising and falling volatility, changing bid-ask spreads, and distorted call parity. You'll learn how to profit in the sideways markets where condor options are most widely used--and also in extreme-trending markets that offer their own surprising opportunities. Traders who focus on a specific type of trade have a history of outperforming stock pickers and directional investors. This book will give you that deep and usable level of knowledge about one of today's most well-proven strategies: option condors.
Author: Michael Benklifa
Publisher: FT Press
Published: 10/13/2015
Pages: 192
Binding Type: Paperback
Weight: 0.45lbs
Size: 7.90h x 5.30w x 0.50d
ISBN13: 9780134394602
ISBN10: 0134394607
BISAC Categories:
- Business & Economics | Investments & Securities | Options
Author: Michael Benklifa
Publisher: FT Press
Published: 10/13/2015
Pages: 192
Binding Type: Paperback
Weight: 0.45lbs
Size: 7.90h x 5.30w x 0.50d
ISBN13: 9780134394602
ISBN10: 0134394607
BISAC Categories:
- Business & Economics | Investments & Securities | Options
About the Author
Michael Hanania Benklifa manages millions of dollars worth of condor trades every month for private investors through his firm, Othello Consulting. He formerly served as a Financial Advisor for UBS and as an M&A Analyst for several large pharmaceutical companies. Benklifa holds an MBA from Texas A&M, as well as a Diplôme (Masters in Management) from École Supérieure de Commerce in France, and a BA in Philosophy from the University of Texas.