Trading Options, + Website: Using Technical Analysis to Design Winning Trades

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收藏 2015-06-18

A thorough guide to technical analysis methods applied for success in the options market

Though still not widely practiced or accepted in the options market, technical analysis is becoming increasingly common. As the practice spreads, traders are discovering how useful technical analysis is for determining clear entry and exit signals. Trading Options: Using Technical Analysis to Design Winning Trades takes the standard technical analysis approach and applies it to the options market. Author Greg Harmon combines technical analysis with a deep understanding of the options market to explain how to design technically created trades that lead to outsized gains with low costs of entry and managed risk. The book covers trend determination, security identification and selection, tools and trade design, and executing, hedging, and adjusting trades.

Ideal for individual investors and options traders
Identifies and applies mainstream technical analysis methods to the volatile options market
Perfect for stock traders that wish to delve in to technical analysis and options
Written by the founder of Dragonfly Capital Management, which provides daily technical analysis of securities markets and trade ideas, and CIO of Presidium Capital Management which provides money management for clients

Editorial ReviewsFrom the Inside FlapTrading Options
The key to success is being prepared and working hard, says author Greg Harmon. Part of this preparation is using proven tools to make important decisions about your money and your future. In Trading Options: Using Technical Analysis to Design Winning Trades, the founder of Dragonfly Capital Management, LLC shares his unique process for trading stocks and options using technical analysis. Although not yet a widely accepted methodology, technical analysis is quickly becoming a popular mainstream technique for trading in a volatile market.
Harmon presents a series of four building blocks that move you from broad investment ideas to more specific trading strategies using technical tools. His techniques are based on traditional methods such as manual chart examination (as opposed to relying on scanning tools), which he then adapts for a modern era. The book is written to be both a learning tool and a reference guide about smart trading for stocks and options, presented in plain English, to help anyone be more prepared to find success with their investments.
Beginning with how to identify market trends and causes of change, Harmon dives deep into market influencers and inter-market relationships. He includes a discussion of the S&P 500, emerging markets, the US Treasury, and market indicators. Identifying trends, Harmon says, will allow you to predict which way 70% of the market will move over time. It is a simple concept that forms the basis of deeper trend analysis opportunities discussed in the latter part of the book, and can move you beyond the major Index ETFs and ahead of the majority of investors.
The advanced strategies within are presented in an easy-to-digest manner, with straightforward discussions and clear price chart examples that don’t require an advanced degree in Mathematics or Engineering. It is a book designed to be useful to everyone, even those who only have a 401k. The basis of technical analysis is not a hard and fast set of rules, but rather a historical look at prices and at what could be in the future. Trading Options is your authoritative resource on using technical analysis to profit when trading indexes, sectors, stocks, or options.

From the Back Cover

Praise for Trading Options

“For the last few years I’ve learned innumerable lessons from Greg Harmon about how to understand and take advantage of price. It has never been more critical for investors and traders to understand how supply and demand affects the price of a stock. Greg’s illustrative explanations will awaken you to a whole new way of seeing the markets.”
—Joshua M. Brown, CEO, Ritholtz Wealth Management, author of The Reformed Broker blog

“When I need a reliable read on a stock or commodity chart, Greg Harmon is my go-to guy. In his wonderful book, Greg guides the reader through the black arts of technical analysis. But then Greg goes to the next, even more important step—teaching the options strategies that will work and when to employ them. Read his book—I’ve made money listening to Greg over the years and so can you.”
—Dan Dicker, Senior contributor at Thestreet.com, CNBC Contributor and author of Oil’s Endless Bid

“Looking for a comprehensive guide to options, look no further, Trading Options delivers a well-designed top-down approach perfect for any trader. The trading plan outlined will have you trading more effectively in no time. Read it, learn it, breathe it … Greg delivers the goods.”
—David Stendahl, Trading Principal, Signal Financial Group

“Greg is one of the very few with the ability to connect the dots and consistently make sense of the always unpredictable stock market. There is no holy grail to investing, but his trading strategies and experience are invaluable.”
—Ryan Detrick, Senior Technical Strategist, Schaeffer’s Investment Research

“Every trader has to find a strategy that works for them, and Greg has developed a great approach for game-planning options trades. His approach to technical analysis is consistent and objective, and his work ethic allows him to always stay in tune with the market.Trading Options is a great resource for anyone trying to understand technical analysis and especially as it relates to options.”
—Scott Redler, Chief Strategic Officer/partner, T3 Partners

“As another self-proclaimed top-down technician I know what it’s like ripping through 1000 charts in a weekend. In Trading Options Greg Harmon explains the importance of perfecting this process to benefit you as a trader. He explains a variety of complex concepts in more simple terms. I particularly enjoyed how the book proceeds from first identifying larger trends to then executing trades using options.”
—J.C. Parets, CMT, Founder & President, Eagle Bay Capital, LLC

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