PART I Outperforming the Market 1
CHAPTER 1 Modern Portfolio Theory 3
CHAPTER 2 Can You Beat the Market? Should You Try? 9
CHAPTER 3 Hedge Funds 20
PART II Exchange Traded Funds 27
CHAPTER 4 A Brief History of Mutual Funds and
Exchange Traded Funds 29
CHAPTER 5 Traditional Mutual Funds 32
CHAPTER 6 Exchange Traded Funds 38
PART III Options 53
CHAPTER 7 What Is an Option and How Does an Option
Work? 55
CHAPTER 8 More Options Basics 60

CHAPTER 9 Why Investors Buy and Sell Options 69
CHAPTER 10 Option Strategies You Can Use to
Make Money: Covered Call Writing 80
CHAPTER 11 Option Strategies You Can Use to
Make Money: Uncovered Put Writing 100
CHAPTER 12 Historical Data: BuyWrite Index
and Volatility Index 111
PART IV Putting It All Together 121
CHAPTER 13 Building a Portfolio 123
CHAPTER 14 Finding Your Style: Choosing
an Option to Write 131
CHAPTER 15 Covered Call Writing in Action: A Year of
Trading 141
CHAPTER 16 Uncovered Put Writing in Action 195
CHAPTER 17 Odds and Ends and Conclusion 212
Notes 216
Glossary 227
Index 231