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Option strategies for directionless markets; trading with butterflies, iron butterflies, and condors.


Option strategies for directionless markets; trading with butterflies, iron butterflies, and condors.

Saliba, Anthony J.

Bloomberg Press


188 pages




Saliba, a trader and trainer in options, provides readers with tools and tactics to address a sideways, or directionless, market--one that is neither bull nor bear. He focuses on strategies in the butterfly family of options--butterflies, condors, and iron butterflies. He illustrates numerous market scenarios to show when and how to apply the butterfly strategies, with details on how to identify, enter, manage, and exit a trade. Chapter concept reviews, exercises, quizzes, and answers are included. An interview with the author gives more advice on using the strategies in real-life situations. Appendices offer a glossary and a final exam with answers.

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Publication:Reference & Research Book News
Article Type:Book review
Date:Aug 1, 2008
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