The Option Wizard Trading MethodThe professionals say: "The Option Wizard Trading Method presents a series of common-sense rules for trading -- from analysis methods to the proper considerations for purchasing or selling options. These, coupled with a risk management system, should provide an excellent approach to trading options."
Lawrence G. McMillan, leading options analyst, author, founder, McMillan Analysis Corporation
My experience from many, many years in the business: the options sellers do better than the options buyers. There is a different mindset between them, and a great gulf between them. It takes capital and it takes patience to succeed being on the sell side. Option Wizard software and the publication Option Wizard Trading Method magnifies the sell-side possibilities with its price-time decay table and mindset to "not neglect the short side." The Option Wizard Trading Method is an entertaining, yet meaty read. We commend both to the neophyte as well as the experienced trader.
Jay Shartsis, Director, Option Trading, Lafferty & Co. Options Brokers, New York, Options Columnist, The Striking Price, Barrons
"The Option Wizard Trading Method is a very good piece of work -- valuable insights and options lore no trader should be without. Explains how to profit when the product 'never stops dancing.' Very readable, too."
Jerry Kopf, principal, Benjamin & Jerold Stock & Options Discount Brokers, Chicago, former CBOE market maker and publisher, The Blue Page (options newsletter)
"I am not a systems player nor do I believe in any indicators other than the last sale (tick). However, there is much worthwhile information in the Option Wizard Trading Method. This is a very readable and expert integration of stock and options analysis, strategy, case histories and Eastern thought. Will sharpen your trading vision. Very well done. Highly recommended."
Edward Allen Toppel, author, Zen in the Markets
"I have been active in the markets since 1973 and Option Wizard is easily the most comprehensive options system I have seen to date. It is the only program available to the public that easily calculates implied volatility and percent-to-double. This is poetry for Excel. The companion text -- the Option Wizard Trading Method -- is a real potent dose of reality for those who wish to trade options, and while it will not always tell you the things you want to hear, it will tell you the things you need to hear to be successful. It offers off-the-beaten track insights into a number of areas: trading the short side of options, volume formations in large and small stocks, which stocks to follow, how often to trade, among others. I recommend this one highly."
Bob Hockenhull, Cutter & Company Brokerage, St. Louis
The Option Wizard Trading Method is one of the most enjoyable technical trading books to read, and most valuable to learn from, that I've come across. The insights here -- especially the emphasis on volume and trend -- here are valuable not only to the novice, but to the seasoned as well.
Spencer A. Brownell, financial consultant, Merrill Lynch Private Client Group, Chicago
A great presentation. Straight forward and to the facts.
Professional Trader and System Developer, Los Angeles
TRADERS SAY:
Of all the books that I have been studying I found The Option Wizard Trading Method book the most helpful. It was the only one talking me through several expiring scenarios. I liked the stream of consciousness style used to express your reasoning for taking certain positions and your subsequent actions and reactions to the mood of the market. Thanks again.
Ft. Lauderdale, FL
Very well written, clever insights.
Chicago
Fascinating presentation.
Barrington, IL
I have started reading your "philosophy" on trading, and have found it quite stimulating.
Northbrook, IL
About the Author: John A. Sarkett is the designer of Option Wizard(R) Scan (options) and Scan Wizard(TM) (stocks) software (http: //option-wizard.com). Option Wizard(R) (for Excel) was introduced to the market in 1995, and has clients around the world. He added Scan Wizard(TM) (for stocks) and Option Wizard(R) Scan as well. He writes on financial markets, and other topics. His published features are logged at http: //option-wizard.com. He is also the author of best-selling Extraordinary Comebacks: 201 Inspiring Stories of Courage, Triumph, and Success, published by Sourcebooks, Naperville, Illinois (2007). Since its launch, it has consistently appeared in Amazon's Top 100 Motivation titles, appearing as high as No. 36. Media coverage included Fox Chicago television, Chicago Tribune, Stocks and Commodities magazine, SFO magazine, Ohio State University alumni publication, among others, and some 20 radio syndications and stations across the U.S. Extraordinary Comebacks includes chapters on business and finance. Details, clips and podcasts at http: //sarkett.com. He has worked in the public relations, marketing, television production and syndication, software and financial industries. He holds B.S. and M.S. degrees from the Ohio State University. In this volume, he hopes to make new things familiar, and for advanced options market participants, familiar things new.
