Tired of sitting on the sidelines while others make a bundle in the options market? Profiting from Weekly Options offers any trader the information and strategies needed to learn the skills necessary to tap into the power of the competitive options marketplace. Written by Robert J. Seifert—a noted expert in the securities industry—this hands-on resource is designed to empower any level of option trader, from the novice to successful professionals.

To get started, Seifert reveals the market-place psychology that is designed to help traders understand "the other side of the trade." Next, he explains that underlying asset groups have different characteristics and demonstrates how each type of asset can be traded. Profiting from Weekly Options explores the ideal markets for trading options (and points out which ones to avoid), shows how to study markets to spot patterns, and illustrates what it takes to communicate in the distinct vocabulary that brokers demand.

The author outlines a unique option model and includes simple mathematical examples to help adjust your vision of markets to the viewpoint of a skilled option trader. He then introduces the option chain and explains how comprehension of this vehicle will be all-important to your trading success.

To give your trading ability a boost, Seifert explains four simple trades that you can continuously make. He explains when and how the trades should be initiated, what market conditions give you the best chance for the individual trade to succeed, and how to manage the trade once it is in place.

In the final section, Profiting from Weekly Options demonstrates how to manage your greatest asset: cash. The author illuminates how to use your capital in order to ensure that you don't risk ruin when the inevitable capital drawdown occurs, and he identifies which trades can be employed using your available capital levels.

A quiz at the end of each chapter tests your knowledge of the information and techniques presented. If you achieve a score of ninety percent or better, you should be ready to tackle the big players in the option market!