tastytrade announces book: The Unlucky Investor’s Guide to Options Trading

Rick Steves

With more retail investors flooding into the options space, education is needed to ensure that individual investors understand how to trade these instruments responsibly, strategically, and consistent with their unique financial goals.

tastytrade has announced the launch of “The Unlucky Investor’s Guide to Options Trading”, authored by Julia Spina, a member of the tastytrade research team and podcast co-host where she works as a financial educator and options strategist.

The book, published by Wiley, shares the fundamentals of applied options trading to empower ambitious traders with minimal luck needed.

The tastytrade podcast host and research analyst provides retail traders and teaches readers everything from the fundamentals of options to building customized strategies according to quantitative reasoning, rather than relying on luck.

Retail investors account for 25% of options trading activity

According to the Options Clearing Corporation, a record of 39 million options contracts have traded daily on average in 2021, rising 35% from 2020. Retail investors now account for 25% of total options trading activity.

With more retail investors flooding into the options space, education is needed to ensure that individual investors understand how to trade these instruments responsibly, strategically, and consistent with their unique financial goals.

Julia Spina says she wrote the book to provide retail traders with a comprehensive and actionable view of options trading.

“Readers are able to see how we use statistics and historical options data to develop an intuitive understanding of the potential risks and rewards of options contracts. From the basics of options trading to strategy construction and portfolio management, to the aim of this book is to teach readers the crucial risk management techniques for sustainable investing.”

She began trading options two years ago after joining the research team at tastytrade and she rapidly overcame the complicated options learning curve by watching markets regularly, arguing with other researchers, and working alongside legendary traders in the retail space.

Tom Sosnoff, co-CEO of tastytrade, said: “This book is a natural extension of the focus on education tastytrade has had since day one – we began as an online financial network in 2011, with a passion to create dynamic content to democratize retail investing. Our goal was to disrupt the old-world order of exclusionary institutional investing and make a variety of tools like options and futures more accessible to the average retail investor.

“Over time, tastytrade has built an entire platform to shake up the entire retail trading space and make options and futures trading more accessible for people. Our collective passion, which drives us individually and as a company, is to offer tools to help traders become more sustainable, long-term participants. This book is definitely part of tasty’s retail trader revolution”.

tastytrade is a social trading platform recently acquired by IG Group and provides retail traders with access to circa 19,000 trading instruments.


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