Systematic and Automated Option Trading (Collection)

A brand new collection of state-of-the-art option trading techniques, from world-renowned experts Sergey Izraylevich and Vadim Tsudikman …now in a convenient e-format, at a great price!

 

Leading-edge option trading techniques for serious investors, traders, and portfolio managers

 

Writing for serious investors, traders, hedge fund managers, and quants, pioneering option experts Sergey Izraylevich and Vadim Tsudikman introduce important new techniques for maximizing option profits, controlling risk, and consistently identifying trades optimized for your goals and strategies.First, in Systematic Options Trading: Evaluating, Analyzing, and Profiting from Mispriced Option Opportunities, Izraylevich and Tsudikmanintroducereliable new ways to identify your best option combinations, underlying assets, and strategies. They treat the option market as a whole: an unlimited set of trading variants composed of all option combinations that can be constructed at any specific moment (using all possible strategies and underlying assets). Their powerful system permits thorough analysis and comparison of many option combinations in terms of both expected profitability and potential risk. It formalizes and classifies over a dozen criteria intended to select preferable trading alternatives from a vast quantity of potential opportunities, showing how to apply multiple valuation criteria concurrently to systematically identify subtle price distortions, and consistently select trades that meet optimal parameters. Next, in Automated Option Trading: Create, Optimize, and Test Automated Trading Systems, they present thefirst complete step-by-step guide to creating profitable automated systems for the disciplined realization of well-defined, formalized, and tested option strategies. Every facet of their approach is optimized for options, including strategy development, capital allocation, risk management, performance measurement, back-testing, walk-forward analysis; and trade execution. Their system incorporates continuous valuation, structuring and long-term management of investment portfolios (not just individual instruments), and can systematically handle option combinations related to different underlying assets — making it possible to finally automate options trading at the portfolio level.

 

From world-renowned option trading experts Sergey Izraylevich, Ph.D. and Vadim Tsudikman

1110921335
Systematic and Automated Option Trading (Collection)

A brand new collection of state-of-the-art option trading techniques, from world-renowned experts Sergey Izraylevich and Vadim Tsudikman …now in a convenient e-format, at a great price!

 

Leading-edge option trading techniques for serious investors, traders, and portfolio managers

 

Writing for serious investors, traders, hedge fund managers, and quants, pioneering option experts Sergey Izraylevich and Vadim Tsudikman introduce important new techniques for maximizing option profits, controlling risk, and consistently identifying trades optimized for your goals and strategies.First, in Systematic Options Trading: Evaluating, Analyzing, and Profiting from Mispriced Option Opportunities, Izraylevich and Tsudikmanintroducereliable new ways to identify your best option combinations, underlying assets, and strategies. They treat the option market as a whole: an unlimited set of trading variants composed of all option combinations that can be constructed at any specific moment (using all possible strategies and underlying assets). Their powerful system permits thorough analysis and comparison of many option combinations in terms of both expected profitability and potential risk. It formalizes and classifies over a dozen criteria intended to select preferable trading alternatives from a vast quantity of potential opportunities, showing how to apply multiple valuation criteria concurrently to systematically identify subtle price distortions, and consistently select trades that meet optimal parameters. Next, in Automated Option Trading: Create, Optimize, and Test Automated Trading Systems, they present thefirst complete step-by-step guide to creating profitable automated systems for the disciplined realization of well-defined, formalized, and tested option strategies. Every facet of their approach is optimized for options, including strategy development, capital allocation, risk management, performance measurement, back-testing, walk-forward analysis; and trade execution. Their system incorporates continuous valuation, structuring and long-term management of investment portfolios (not just individual instruments), and can systematically handle option combinations related to different underlying assets — making it possible to finally automate options trading at the portfolio level.

 

From world-renowned option trading experts Sergey Izraylevich, Ph.D. and Vadim Tsudikman

119.99 In Stock
Systematic and Automated Option Trading (Collection)

Systematic and Automated Option Trading (Collection)

by Sergey Izraylevich Ph.D., Vadim Tsudikman
Systematic and Automated Option Trading (Collection)

Systematic and Automated Option Trading (Collection)

by Sergey Izraylevich Ph.D., Vadim Tsudikman

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Overview

A brand new collection of state-of-the-art option trading techniques, from world-renowned experts Sergey Izraylevich and Vadim Tsudikman …now in a convenient e-format, at a great price!

 

Leading-edge option trading techniques for serious investors, traders, and portfolio managers

 

Writing for serious investors, traders, hedge fund managers, and quants, pioneering option experts Sergey Izraylevich and Vadim Tsudikman introduce important new techniques for maximizing option profits, controlling risk, and consistently identifying trades optimized for your goals and strategies.First, in Systematic Options Trading: Evaluating, Analyzing, and Profiting from Mispriced Option Opportunities, Izraylevich and Tsudikmanintroducereliable new ways to identify your best option combinations, underlying assets, and strategies. They treat the option market as a whole: an unlimited set of trading variants composed of all option combinations that can be constructed at any specific moment (using all possible strategies and underlying assets). Their powerful system permits thorough analysis and comparison of many option combinations in terms of both expected profitability and potential risk. It formalizes and classifies over a dozen criteria intended to select preferable trading alternatives from a vast quantity of potential opportunities, showing how to apply multiple valuation criteria concurrently to systematically identify subtle price distortions, and consistently select trades that meet optimal parameters. Next, in Automated Option Trading: Create, Optimize, and Test Automated Trading Systems, they present thefirst complete step-by-step guide to creating profitable automated systems for the disciplined realization of well-defined, formalized, and tested option strategies. Every facet of their approach is optimized for options, including strategy development, capital allocation, risk management, performance measurement, back-testing, walk-forward analysis; and trade execution. Their system incorporates continuous valuation, structuring and long-term management of investment portfolios (not just individual instruments), and can systematically handle option combinations related to different underlying assets — making it possible to finally automate options trading at the portfolio level.

 

From world-renowned option trading experts Sergey Izraylevich, Ph.D. and Vadim Tsudikman


Product Details

ISBN-13: 9780133095289
Publisher: Pearson Education
Publication date: 08/01/2012
Sold by: Barnes & Noble
Format: eBook
Pages: 593
File size: 22 MB
Note: This product may take a few minutes to download.

About the Author

Sergey Izraylevich, Ph.D., chairman of High Technology Invest Inc., has traded options for over 10 yrs, and now creates automated systems for algorithmic options trading. Formerly a lecturer at Hebrew Univ. of Jerusalem, he received the Golda Meir Prize for academic excellence. Vadim Tsudikman, president of High Technology Invest Inc., specializes in derivatives valuation, hedging, and capital allocation in extreme markets. He develops complex trading systems based on multi-criteria analysis and genetic optimization algorithms. The authors recently co-wrote several articles for Futures Magazine on options pricing, volatility, and risk.

Table of Contents

Systematic Options Trading: Evaluating, Analyzing, and Profiting from Mispriced Option Opportunities

Introduction    xv

PART I Criteria as the Basis of a Systematic Approach

Chapter 1 General Presentation and Review of Criteria Properties    3

Chapter 2 Review of the Main Criteria    13

Chapter 3 Evaluation of Criteria Effectiveness    63

PART II The Main Areas of Criteria Application

Chapter 4 Selection of Option Combinations    105

Chapter 5 Selection of Option Strategies    121

Chapter 6 Selection of Underlying Assets    161

PART III Multicriteria Analysis

Chapter 7 Basic Concepts of Multicriteria Selection as Applied to Options    181

Chapter 8 The Impact of Criteria Correlation on Multicriteria Selection    205

Conclusion    217

Bibliography    219

appendix Basic Notions    223

Index    235

 

Automated Option Trading: Create, Optimize, and Test Automated Trading Systems

Introduction    xv

Chapter 1 Development of Trading Strategies    1

Chapter 2 Optimization    73

Chapter 3 Risk Management    135

Chapter 4 Capital Allocation and Portfolio Construction    167

Chapter 5 Backtesting of Option Trading Strategies    217

Bibliography    247

Appendix    251

Index    261

 

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