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- More Than 30 Different Options Plays Chalked-Out in Consumer-Friendly Guide to Investing in Options -

BOCA RATON, Fla., July 30 /PRNewswire/ -- TradeKing (http://www.tradeking.com/), a nationally licensed online broker dealer, today introduced The Options Playbook. Written by Brian Overby, TradeKing's "Options Guy" and director of education, with both rookies and experienced options traders in mind, The Options Playbook features a breakdown of more than 30 of the most common options strategies, explained in clear, easy-to-understand, and often entertaining terms. The Options Playbook also defines a number of options terms, explains how volatility affects the options trader, introduces the concept of "rolling" and outlines margin requirements for various options trades.

"There's tremendous interest among our client base in becoming more sophisticated about options trading, but you really need to be armed with knowledge before you jump in," said Donato A. Montanaro, Jr., TradeKing's co- founder and CEO. "Most of the options books on the market are, frankly, not only boring but outright confusing for the average investor. We decided to write The Options Playbook to empower all investors, from the advanced to the beginner, to take their market ideas and turn them into viable options plays they really understand. Coaches talk to their team members in direct, action- oriented language that points out risks and opportunities -- we think options traders can benefit from this same approach."

More on The Options Playbook

The Options Playbook was created to translate an investor's market outlook and skill level into viable options strategies described in a play-by-play format. For instance, if an investor is bullish, willing to entertain moderate risk and consider themselves moderately skilled, they can quickly flip through The Options Playbook to identify possible plays that match those criteria. The Options Playbook also provides key facts at your fingertips to evaluate whether a given play will work for a particular investor. The Options Playbook calls out exactly what an investor is hoping to have happen, and how factors such as unexpected market volatility might impact that outcome.

Each of the strategies described in The Options Playbook is broken down by the following:

-- Play name (e.g., Long Call, Short Call Spread, Iron Condor)
-- The setup (e.g., the goals and reasons to do the play)
-- Who should run it (e.g., Rookies, Veterans, All-Stars)
-- When to run the play (e.g., if you're bullish, bearish or neutral on
the market)
-- A detailed overview of the play's strategy

The Options Playbook also features a "Rookie's Corner" section for new options investors that addresses common mistakes made by beginning options traders and suggests strategies to "get your feet wet"; a section on implied volatility that explains how it can be predictive of the future price movement of the underlying equity; and a description of how time decay and a change in implied volatility will affect the trade after it is in place. The Options Playbook also offers a variety of options trading tips throughout the guide.

"The Options Playbook offers information to help traders avoid common mistakes and to serve as a quick reference tool for both basic and advanced options strategies," commented Overby. "I like to think there's a little something for everybody. This playbook will answer the tough questions by just turning to the play."

The Options Playbook will be available to the public this August through Amazon.com and on the TradeKing website at http://www.tradeking.com/. Its retail list price is $34.95. https://www.tradeking.com/PublicView/main/promo/pb/indexHP.tmpl

About TradeKing

TradeKing, at http://www.tradeking.com/, is a nationally licensed online broker dealer offering simple, low flat fees ($4.95 per trade plus $.65 per option contract (2)), with no hidden fees or account minimums. The TradeKing Web-based platform features powerful online equity, options and fixed-income trading tools including real-time portfolio information, advanced order entry, customized charting and alerts, free research and integrated news, stock, option and mutual fund screeners, volatility charts, a pricing probability calculator, enhanced option chains and interactive educational information. TradeKing also features innovative community networking capabilities to help connect like-minded traders for enhanced strategy development and information sharing. TradeKing provides self-directed investors with discount brokerage services, and does not make recommendations or offer investment advice. Online trading system response and access times may vary due to market conditions, system performance, and other factors. Non-U.S. residents may be subject to country-specific restrictions. Options involve risk and are not suitable for all investors. Please read Characteristics and Risks of Standardized Options available at http://www.tradeking.com/.

First Call Analyst:
FCMN Contact:

Source: TradeKing

CONTACT: Sue Parente, +1-781-642-7788, sparente@tieronepr.com, or Kathy
Wilson, +1-781-652-0499, kwilson@tieronepr.com, both for TradeKing

Web site:

http://www.tradeking.com/

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Profile: Media News