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.

 

Read this next

Market News

Stock Market Analysis: Is NVDA Losing Its Leadership?

Since the beginning of the week, the S&P 500 Index (US500) has seen a modest increase of about 0.58%, whereas NVDA’s share price has experienced a decline of approximately 3.8%. This recent divergence raises concerns among Nvidia stock investors — could it signify a loss of NVDA’s market leadership?

Industry News

ESG: Australian regulator wins first greenwashing court case against Vanguard

Vanguard admitted that a notable portion of the securities within both the Index and the Fund did not undergo the promised ESG scrutiny.

Fintech, Uncategorized

BitMEX integrates HALO from Solidus Labs for cross-market surveillance

““The recent approval of the Spot Bitcoin ETF has piqued the market’s interest. As a result of price volatility, the trading volumes for crypto derivatives have gone up substantially. HALO, with its advanced technology and crypto-native detection architecture, will enable BitMEX to smoothly and safely scale trade surveillance across its increased trading volumes and provide the necessary safeguards for new product launches.”

Reviews

IUX Broker Review

IUX, recently rebranded from IUX Markets, stands as a multi-asset Forex broker recognized for its regulatory compliance across various jurisdictions.

Industry News

Horizon Software rebrands to Horizon Trading Solutions

“Horizon Trading Solutions has seen accelerated global growth over the past year to meet the rising demand for our trading solutions and built-for-purpose technology offering. The choice to rebrand represents a key part of this development, while maintaining our heritage and history in the industry.”

Market News

USDJPY has surged to levels last witnessed in 2022. Should we consider opening a short position?

The recent resurgence of the US dollar has propelled USD/JPY to new heights, touching levels not seen since 2022. This surge comes against the backdrop of stable short-term yields and ongoing economic data that fails to signal a significant slowdown, prompting questions about the extent of current monetary easing measures.

Digital Assets

DED Trends on Twitter After Memecoin Snapshot Announcement

Polkadot-backed community coin #DED, made it to the trending charts on X, demonstrating community’s engagement and interest behind the memecoin. 

Digital Assets

BlockDAG Presale Nears $10 Million Amid Toncoin’s Momentum, Green Bitcoin’s Presale, and the Rise of Other Top Cryptos

This article will examine three top trending topics: Toncoin’s potential, Green Bitcoin’s innovative presale, and BlockDAG’s sustainable mining approach. These cryptocurrencies take centre stage for their uniqueness and innovation.

Digital Assets

Coinbase scores minor victory vs SEC, but lawsuit to proceed

A federal judge in Manhattan, U.S. District Judge Katherine Polk Failla, ruled on Wednesday that the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Coinbase can largely proceed.

<