An approachable guide to sustainable options trading, minimal luck needed.
Most traders who are successful long-term do not rely on luck, but rather their ability to adapt, strategize, and utilize available tools and information. Modern markets are becoming increasingly accessible to the average consumer, and the emergence of retail options trading is opening a world of opportunities for the individual investor. Options are highly versatile and oftentimes considered complex financial instruments. So where should beginners start?
The Unlucky Investor’s Guide to Options Trading breaks down the science of options trading to suit interested traders from any background. Using statistics and historical options data, readers will develop an intuitive understanding of the potential risks and rewards of options contracts. From the basics of options trading to strategy construction and portfolio management, The Unlucky Investor’s Guide to Options Trading guides readers through the world of options and teaches the crucial risk management techniques for sustainable investing.
"Options trading and cards for money aren't for fools hoping for luck. This is a serious but easy to read introduction for those ready to try constructing options trades."
-Aaron Brown, Author of The Poker Face of Wall Street and Red-Blooded Risk
"Captivating - that usually describes a spy thriller, but it applies well to this options trading book ...
If you think you know everything about options already, this book will surprise you."
-Ernest P. Chan, Author of Quantitative Trading: How to Build Your Own Algorithmic Trading Business
Get your copy, as a gift from tastytrade, when you fund a tastyworks brokerage account!*
tastytrade, Inc. and tastyworks, Inc. are separate, but affiliated companies. The book and its content are provided solely by tastytrade, Inc. and should not be considered an endorsement by tastyworks, Inc. of tastytrade, Inc., its products or services.
Looking to buy a copy? Check out these options.
About the Author
Julia Spina is a member of the research team and podcast co-host at tastytrade, and co-author of The Unlucky Investor’s Guide to Options Trading. Drawing from her background in physics and experience with signal processing and data analysis, Julia introduces viewers to topics in quantitative finance and their applications in options strategy development on The Skinny on Quantitative Finance. You can also find her co-hosting Research Specials Live alongside her fellow researchers or pitching trade ideas in Trades From the Research Team.
Prior to transitioning into finance, Julia worked as a regenerative medicine research scientist before attending the University of Illinois at Urbana-Champaign in 2015. At the University of Illinois, she earned bachelor’s degrees in engineering physics (2017) and applied mathematics (2017) and a master’s in physics (2018). Her research focus throughout her graduate and undergraduate studies was experimental quantum optics, and her primary projects included investigating the effects of measurement in optical quantum systems and using single-photon sources to determine the lower limits of human vision and perception.
tastytrade content is provided solely by tastytrade, Inc. (“tastytrade”) and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, transaction or investment strategy is suitable for any person. Trading securities can involve high risk and the loss of any funds invested. tastytrade, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. Investment information provided may not be appropriate for all investors, and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. tastytrade is not in the business of transacting securities trades, nor does it direct client commodity accounts or give commodity trading advice tailored to any particular client’s situation or investment objectives. Supporting documentation for any claims (including claims made on behalf of options programs), comparison, statistics, or other technical data, if applicable, will be supplied upon request. Multi-leg option strategies incur higher transaction costs as they involve multiple commission charges. tastytrade is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer. Options, futures and futures options are not suitable for all investors. Prior to trading securities products, please read the Characteristics and Risks of Standardized Options and the Risk Disclosure for Futures and Options found on tastyworks.com.
tastyworks, Inc. ("tastyworks") is a registered broker-dealer and member of FINRA, NFA, and SIPC. tastyworks offers self-directed brokerage accounts to its customers. tastyworks does not give financial or trading advice, nor does it make investment recommendations. You alone are responsible for making your investment and trading decisions and for evaluating the merits and risks associated with the use of tastyworks’ systems, services or products. tastyworks is a wholly-owned subsidiary of tastytrade. tastytrade is a trademark/servicemark owned by tastytrade.
Quiet Foundation, Inc. (“Quiet Foundation”) is a wholly-owned subsidiary of tastytrade The information on quietfoundation.com is intended for U.S. residents only. All investing involves the risk of loss. Past performance is not a guarantee of future results. Quiet Foundation does not make suitability determinations, nor does it make investment recommendations. You alone are responsible for making your investment and trading decisions and for evaluating the merits and risks associated with the use of Quiet Foundation’s systems, services or products.