No-hype options trading
In this guide to sound options-trading strategies, the author’s goal is to teach investors how to profit from the use of options while intelligently managing the risks involved. This book can serve as a reference for money managers with high-net-worth clients and investors seeking to generate income in their portfolios.
Perhaps the most important aspect of the book is Given’s emphasis on creating a plan for trading options and sticking to it. The key to Given’s plan is risk management. His risk management system consists of four parts: stop loss order, adjustment, profit stop, and time stop.