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Preface ix
Acknowledgments xiii
The Option Basics
It's All about the Calls and Puts 3
How Options Are Priced 15
Option Volatility 27
Stocks versus Options 45
Why Option Selling Is Your Key to Success 57
The Strategies
Buy All the Stock You Want for Half the Price 71
Getting Paid to Buy Your Favorite Stock 93
Option Credit Spreads: The All-Star Strategy 115
A Day in the Life of the Market Maker 159
Put Your Stocks to Work-Sell Covered Calls 171
A Bonus Strategy: Ratio Option Spreads 185
Getting Ready to Trade
Tools of the Trade 203
Brokers and Commissions 209
Conclusion 217
Index 221
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