--- product_id: 77210498 title: "Options as a Strategic Investment: Fifth Edition" price: "₨1894" currency: SCR in_stock: true reviews_count: 13 url: https://www.desertcart.sc/products/77210498-options-as-a-strategic-investment-fifth-edition store_origin: SC region: Seychelles --- # Market-tested strategies Comprehensive 5th edition Risk management focus Options as a Strategic Investment: Fifth Edition **Price:** ₨1894 **Availability:** ✅ In Stock ## Summary > 📊 Elevate your portfolio with the ultimate options playbook! ## Quick Answers - **What is this?** Options as a Strategic Investment: Fifth Edition - **How much does it cost?** ₨1894 with free shipping - **Is it available?** Yes, in stock and ready to ship - **Where can I buy it?** [www.desertcart.sc](https://www.desertcart.sc/products/77210498-options-as-a-strategic-investment-fifth-edition) ## Best For - Customers looking for quality international products ## Why This Product - Free international shipping included - Worldwide delivery with tracking - 15-day hassle-free returns ## Key Features - • **Elevate Your Trading IQ:** Clear examples, exhibits, and checklists designed for investors ready to upgrade their options game. - • **Strategic Risk Management:** Learn how to hedge effectively and protect your investments in any market condition. - • **Master Proven Options Tactics:** Unlock market-tested strategies to boost portfolio earnings and reduce risk. - • **Stay Ahead with Updated Insights:** Fifth edition packed with the latest tools and tax implications for option writers. - • **Navigate Complex Markets with Confidence:** Detailed guidance on LEAPS, PERCS, futures, and neutral trading techniques. ## Overview Options as a Strategic Investment, Fifth Edition, is a comprehensive, market-tested guide offering advanced strategies for managing and enhancing investment portfolios through options. This updated edition covers LEAPS, PERCS, futures, and neutral trading, with detailed examples and tax insights, making it essential for investors with foundational options knowledge aiming to optimize returns and mitigate risk. ## Description The market in listed options and non-equity option products provides investors and traders with a wealth of new, strategic opportunities for managing their investments. This updated and revised Fifth Edition of the bestselling Options as a Strategic Investment gives you the latest market-tested tools for improving the earnings potential of your portfolio while reducing downside risk—no matter how the market is performing. Inside this revised edition are scores of proven techniques and business-tested tactics for investing in many of the innovative new options products available. You will find: •Buy and sell strategies for Long Term Equity Anticipation Securities (LEAPS) •A thorough analysis of neutral trading, how it works, and various ways it can improve readers’ overall profit picture •Detailed guidance for investing in Preferred Equity Redemption Cumulative Stocks (PERCS) and how to hedge them with common and regular options •An extensive overview of futures and futures options Written especially for investors who have some familiarity with the option market, this comprehensive reference also shows you the concepts and applications of various option strategies -- how they work, in which situations, and why; techniques for using index options and futures to protect one’s portfolio and improve one’s return; and the implications of the tax laws for option writers, including allowable long-term gains and losses. Detailed examples, exhibits, and checklists show you the power of each strategy under carefully described market conditions. Review: Best book - Best ptinting quality ,i read very useful fot trading Review: Recommended for those with basic knowledge of options universe to streamline their thinking. - A very detailed book explaining ins and outs of various option trading strategies. Recommended for those with basic knowledge of options universe to upgrade and streamline their thinking. I especially liked the part where author discusses the follow up actions and how to go about selecting a specific stike price for a given strategy. ## Features - Prentice Hall Press - It ensures you get the best usage for a longer period ## Technical Specifications | Specification | Value | |---------------|-------| | Best Sellers Rank | #55,888 in Books ( See Top 100 in Books ) #2,316 in Analysis & Strategy #3,638 in Reference (Books) | | Customer Reviews | 4.5 out of 5 stars 1,013 Reviews | ## Images ![Options as a Strategic Investment: Fifth Edition - Image 1](https://m.media-amazon.com/images/I/81Mh0tWyfAL.jpg) ## Customer Reviews ### ⭐⭐⭐⭐⭐ Best book *by J***I on 1 January 2026* Best ptinting quality ,i read very useful fot trading ### ⭐⭐⭐⭐⭐ Recommended for those with basic knowledge of options universe to streamline their thinking. *by G***A on 11 October 2025* A very detailed book explaining ins and outs of various option trading strategies. Recommended for those with basic knowledge of options universe to upgrade and streamline their thinking. I especially liked the part where author discusses the follow up actions and how to go about selecting a specific stike price for a given strategy. ### ⭐⭐⭐⭐ Good book to get the hang of option strategies but will not help you become successful trader *by G***D on 7 August 2018* The book is voluminous. It has grown over the years. It contains lot of information and author's wisdom, no doubt. I think one trying to trade options should buy this book and refer to it to get theoretical understanding of option strategies, P/L curves, nuances of each strategy etc. But the following are the issues I have seen with the book... 1. Although it has tons of strategies, the key strategies used by traders these days are missing...e.g. Iron Fly, Jade lizard, unbalanced strangle etc. 2. Overall emphasis is on defined risk strategies. That is fine in US market where you can dramatically reduce your margin requirement using defined risk strategies. But in India that does not work. Sebi in her infinite wisdom has decided to ask for same margin even if risk is lot lower in defined risk strategies. So for iron condor (defined risk strangle) and strangle (undefined risk) will need almost same margin. In India you have no advantage using defined risk strategies from return of capital standpoint. Keep this in mind while reading this book. Adapt to Indian market conditions. 3. If you are option seller like me then you may want to get hold of the book that focuses only on option selling. Because you get tired of reading only about option buying. Option buying is low probability trade. 4. The author had trashed straddle as high risk trade and covered it in few pages. If people are trading straddle ( or options are being traded at strikes same as CMP) then those traders are not idiot. There must be some risk-reward that encourages traders to trade those options. The actual quantitative research on straddles is eye opening. Look at actual data and then decide not because some book says straddle is to be avoided. 5. Important variable for the option seller is current IV with respect to past history. This is not highlighted in strategies. One reason is author has not focused on option writing. 6. No advice or suggestion on managing profits and trade. The option traders hardly wait to get last paisa or wait till the last day of epiry to take the profits or take the loss. The option trading is very volatile and it has its own best practices discovered by veteran option traders over the years. The author does not touch this important topic. 7. Although this book covers tons of strategies the professional option traders only trade few profitable ones. And few of those are missing in this book. In Indian context it is even more important. In Indian context you may rely on 3-4 strategies max. So you may want to be selective while reading his book because otherwise you may spend lot of time reading something which you may never use in life. Use this book as reference book only. Do not read from first page to last page. Looking at such weaknesses it is clear that, based on this book you cannot successfully trade the options. You need to learn from the practitioners the nuances of option trading like managing profits, stop-loss, entry criteria etc. But you can get the theoretical underpinning of different strategies though from this book. That is why I said it is good place to start your journey. ## Frequently Bought Together - Options as a Strategic Investment: Fifth Edition - Study Guide for Options as a Strategic Investment 5th Edition - Option Volatility and Pricing: Advanced Trading Strategies and Techniques, 2nd Edition --- ## Why Shop on Desertcart? - 🛒 **Trusted by 1.3+ Million Shoppers** — Serving international shoppers since 2016 - 🌍 **Shop Globally** — Access 737+ million products across 21 categories - 💰 **No Hidden Fees** — All customs, duties, and taxes included in the price - 🔄 **15-Day Free Returns** — Hassle-free returns (30 days for PRO members) - 🔒 **Secure Payments** — Trusted payment options with buyer protection - ⭐ **TrustPilot Rated 4.5/5** — Based on 8,000+ happy customer reviews **Shop now:** [https://www.desertcart.sc/products/77210498-options-as-a-strategic-investment-fifth-edition](https://www.desertcart.sc/products/77210498-options-as-a-strategic-investment-fifth-edition) --- *Product available on Desertcart Seychelles* *Store origin: SC* *Last updated: 2026-06-27*