The Complete Guide To Option Selling, Second Ed... -
: Roughly 75% to 80% of all options held until expiration expire worthless, giving sellers an inherent statistical advantage from the start.
In The Complete Guide to Option Selling (Second Edition), James Cordier and Michael Gross challenge the "buy and hold" status quo, arguing that the true money in the markets is made by the "house"—the sellers. While many traders lose money chasing long-shot gains, this book provides a blueprint for generating consistent income by exploiting the statistical reality that the majority of options expire worthless. 📉 The Seller’s Edge: Why the Odds are in Your Favor
Most retail investors are taught to buy options, but the authors highlight why selling is often the superior choice: The Complete Guide to Option Selling, Second Ed...
: A unique portion of the guide dives into seasonal trends and fundamentals in the futures markets, which the authors argue offer better premiums than equities. ⚠️ Survival: Managing the "Black Swan"
The Second Edition specifically addresses the "new" market environment, introducing modern concepts for today’s volatile landscape: : Roughly 75% to 80% of all options
The Complete Guide to Option Selling, Second Edition - Amazon.com
: While time works against the option buyer, it is the seller's best friend. As each day passes, the value of the option erodes, moving money directly into the seller's pocket. 📉 The Seller’s Edge: Why the Odds are
: New chapters explain how to treat volatility as a tradable commodity, finding ideal entry points when others are panicking.