James Cordier - The Complete Guide to Option Selling: How Selling Options Can Lead to Stellar Returns in Bull and Bear Markets, 3rd Edition

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S pecial thanks to our friends at Moore Research Center, ivolatility.com, The Hightower Report and CQG, Inc. for their contributions of charts, graphs and data to this book. You guys are the best in the business.

Also a special thanks to our associate, David Mevoli, for his help in finding, assembling and researching facts, charts, graphs and whatever else we asked him to do. You are a true Pro.

Most of all, we thank our clients, past, present and future, without whom all of this would not be possible. You are the sharpest, most elite investors in the world and we are honored to serve you.

C ongratulations. You have just purchased a book that will fundamentally change the way you view investing for the rest of your life. Many books promise this, but few deliver. You will find that this one does.

Making money work for you has become increasingly complex and difficult in the past several years. The world as we knew it for many decades is evolving rapidlyin some cases, too rapidly for our liking. Traditional vehicles such as stocks, bonds, and real estate either go stagnant or dive and climb with the rate and speed of a crashing fighter jet. Politicians and bureaucrats now meddle and attempt to influence what should be and once were free markets. The economy lurches and stalls under the same burdens. Much of what markets do seems artificial. For market news, we watch C-Span (for government debates) as much as CNBC.

You, the investor, the person who worked hard and now wants your money to work hard for you, is caught in the crossfire. Even in good times, investors are wary of what comes next. There is no consistency. Nothing to grab onto. Nothing to make you feel confident about tomorrow. The only constant is change.

Many investors I know are happy to make any return, let alone double-digit returns. And 20%, 30%, 40%, even 50% returns on a consistent annual basis? That sounds like fantasy to most. Does it to you?

Are you exhausted from the buy and hope style of modern investing? Are you tired of your money being held hostage to the price direction of stocks or other assets? Do you feel powerless to the forces of government, the media, the economy, or geopolitics?

Wouldnt it feel like freedom and self-sufficiency to have something that can work year in and year out regardless of what is going on in the world, the stock market, government, or the central bank? How would it feel to have the confidence of knowing your investment can excel in nearly every kind of market scenario?

If you are serious about making your money work for you, about making real returns in a consistent manner, regardless of what direction markets are moving, you are about to get some good news.

There is a way to win. Casinos and insurance companies know the secret and use it to make billions of dollars every single year. One hosts blackjack games and one trades policies for premiums. But both are playing the same game. They are playing and profiting from oddsodds that are tilted deeply in their favor.

You can use the very same strategy as that employed by these two staggeringly profitable industries. You can do it with the little-known and widely unpublicized strategy of selling options.

Done correctly, the market condition, the political climate, or the time of year doesnt matter. Its completely independent of stocks, bonds, or real estate.

And the best part? Even for those familiar with buying or selling options, very few individual investors know the concept described in the following pagesthe concept you are about to learn.

Warning: This book might not be for you. If you are looking to get rich overnight by turning a small chunk of change into a fortune, move on to the next option book. If you are looking for 1001 ways to trade options written in a textbook format, please move along. If you like to listen to flashy TV or Internet option gurus (who have never managed money in their lives), who will tell you all of the easy riches to be had if only you had their option knowledgewrong place.

This book focuses on one simple strategy applied to an underutilized asset class. And it can be strikingly effective, if you know the rules (hint: most do not).

Gurus, books, and courses that promise to teach you everything there is to know about options are frankly full of BS. I have been trading options for 30 years and I can assure you, I still have only scratched the surface of everything there is to know. Most option books make this huge promise only to rehash the same basic common informationthey show you what to do, they just dont show you how to do it.