The Forex Options Course: A Self-Study Guide to Trading Currency Options [NOOK Book]

Overview

The Forex Options Course is a practical, hands-on guide to understanding and trading forex options. Designed to build a trader's knowledge base in a step-by-step manner, this reliable resource moves from the straightforward to the more sophisticated with discussions of everything from basic plain vanilla calls and puts to intriguing first-generation exotic binary options. Written in a straightforward and accessible style, The Forex Options Course will help you develop the skills and strategies needed to succeed ...
See more details below
The Forex Options Course: A Self-Study Guide to Trading Currency Options

Available on NOOK devices and apps  
  • NOOK Devices
  • Samsung Galaxy Tab 4 NOOK
  • NOOK HD/HD+ Tablet
  • NOOK
  • NOOK Color
  • NOOK Tablet
  • Tablet/Phone
  • NOOK for Windows 8 Tablet
  • NOOK for iOS
  • NOOK for Android
  • NOOK Kids for iPad
  • PC/Mac
  • NOOK for Windows 8
  • NOOK for PC
  • NOOK for Mac
  • NOOK for Web

Want a NOOK? Explore Now

NOOK Book (eBook)
$34.49
BN.com price
(Save 42%)$60.00 List Price
Note: This NOOK Book can be purchased in bulk. Please email us for more information.

Overview

The Forex Options Course is a practical, hands-on guide to understanding and trading forex options. Designed to build a trader's knowledge base in a step-by-step manner, this reliable resource moves from the straightforward to the more sophisticated with discussions of everything from basic plain vanilla calls and puts to intriguing first-generation exotic binary options. Written in a straightforward and accessible style, The Forex Options Course will help you develop the skills and strategies needed to succeed in today's dynamic forex market.
Read More Show Less

Product Details

  • ISBN-13: 9780470466209
  • Publisher: Wiley
  • Publication date: 12/3/2008
  • Series: Wiley Trading , #429
  • Sold by: Barnes & Noble
  • Format: eBook
  • Edition number: 1
  • Pages: 218
  • Sales rank: 1,320,281
  • File size: 14 MB
  • Note: This product may take a few minutes to download.

Meet the Author

Abe Cofnas has been the forex trading columnist for Futures magazine since 2001. He also formed Learn4x.com—one of the first Web-based interactivetraining sites devoted to forex trading—in 2001, and currently manages aglobal forex trading team and call room at fxdimensions.com. He is founder of currencygames.com, a global forex currency game company that combines challenges and training. Cofnas is head forex coach at secretsofforextraders.com and the author of The Forex Trading Course (Wiley).

Read More Show Less

Table of Contents

Foreword.

Preface.

Acknowledgments.

About the Author.

Part One. Key Option Elements.

Chapter 1. The Elements of an Option Trade.

Plain Vanilla Options.

Purchasing an Option.

Writing an Option—Beginners Don't.

Elements of an Option Trade or Ticket.

The Greeks.

Summary.

Chapter 2. What Affects Forex Option Prices?

Time.

Volatility.

Summary.

Part Two. Forex Market Drivers.

Chapter 3. Finding Direction for Your Forex Option Trade.

The Importance of Interest Rate Expectations.

How to Anticipate the Direction of the FOMC.

How to Use Housing Sector Data for Developing Forex Option Trade Direction.

Evaluating Real Estate ETFs.

Summary.

Chapter 4. Tracking Fundamental Directions.

Using Currency Targeted ETFs to Determine If the Market Is Dollar Bearish or Bullish.

Diagnosing Global Economic Conditions.

Group Currencies by Purchasing Power Parity (PPP) (Big Mac Index).

Tracking the Currency-Commodity Connection.

The Currency Outlook Checklist.

Summary.

Part Three. Timing the Trade with Technical Analysis.

Chapter 5. Chart Patterns and Trade Entry.

Chart Patterns and How to Use Them.

Scanning for Volatility.

Summary.

Chapter 6. Using Experts to Shape Trading Decisions.

Forecasting Accuracy.

Professional Sources of Expert FX Opinion.

Follow the Housing Prices.

Follow the Think Tanks.

Follow the Bank Forecasts.

Summary.

Part Four. Forex Options Strategies.

Chapter 7. Vanilla, Spreads, and Volatility Strategies.

Plain Vanilla Strategies.

Currency Pair Spreads: Playing the Correlations.

Commodity Currency Spread Strategies.

Carry Trade Option Strategies.

Trading Delta Call/Put Ratios.

Trading Vega or Volatility.

Gamma Spread Trading.

Key FX Option Combinations and Components.

Summary.

Chapter 8. Binary Option Strategies.

What Is a Binary Option?

Using Exotics to Derive Market Sentiment.

Combining Binary Options with Plain Vanilla and Spot Trading.

Summary.

Chapter 9. Option Strategies for Extreme Outcomes and Scenarios.

Recession in China or Continued Boom

Option Trading to Play Carry Trades with Hedge – Putting on Collars

$1000+ Gold and $200+ GOLD.

Trading $Oil Shock ($200) in FX Options.

Play a US Stagflation and Inflation.

Preemptive Attack on Iran.

Recovery of Housing.

Summary.

In Conclusion: Putting It All Together.

Achieving Optimal Forex Option Trading Fitness.

Forward Testing Your Forex Option Trading Fitness.

Where to Trade Forex Options.

Appendix. Selected Futures Columns.

Index.

Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)