Dr. CHARLES CONRICK IV has an extensive background in the business, finance, and trading environment. After a long career in investment planning and small to mid-size business valuation, he entered the academic world in 2002 and is now an Associate Professor of Finance at Dickinson State University in Dickinson, North Dakota. Charles has also been an active options trader for the past five years. He holds a Doctorate in Business Administration (DBA) from Argosy University with a double major in accounting and finance. He is a Chartered Financial Analyst (CFA), a Certified Public Accountant (CPA), and a Certified Financial Planner (CFP).
SCOTT HANSON is an accounting professor at a regional university and is an active trader in the options market. Prior to arriving in academia, he held several key financial positions in U.S. corporations and spent some time as an auditor with PricewaterhouseCoopers. Hanson is a CPA, and earned an MBA from Golden Gate University and a master's of accounting from the University of Georgia.
Chapter 1 Introduction 1
Chapter 2 How to Be a Wizard 11
Chapter 3 Trading Platforms 29
Chapter 4 Vertical Spreads and the Iron Condor 37
Chapter 5 Structuring a Trade 49
Chapter 6 A Brief Visit with the Greeks 65
Chapter 7 Risk and Psychology of Investing and Spread Trading 69
Chapter 8 Normal Distribution, Probability, and Modern Financial Theory 93
Chapter 9 The 1.8 Standard Deviation Solution 111
Chapter 10 More Using Your Crystal Ball and Probability 169
Chapter 11 Conclusion 231
About the Website 239