Carley Garner’s fifth title, Trading Commodity Options with Creativity packages complicated material into an easily-digestible and comprehensive course in trading futures options. The book candidly guides traders through the advantages and disadvantages of various options strategies using real-world examples and a few gut-wrenching examples of how lackadaisical risk management can go wrong.
Trading Commodity Options…with Creativity takes readers on an unfamiliar voyage destined to simplify the options on futures markets and arm market participants with the knowledge to employ smarter commodity market strategies.
Many books have been written on options trading, but most focus on the academic side of options suggesting there are black and white answers and reliable mathematical formulas to determine profit and loss. Yet, options traders must be ready and willing to deal in gray areas, approximations, and guesswork. Trading Commodity Options…with Creativity bridges the gap between traditional options trading literature and real-life trading examples. Through tough-learned lessons, this book tackles the nearly impossible task of streamlining the process of developing an appropriate options strategy for any market environment and risk tolerance, then making the necessary mid-trade adjustments to improve the odds of success.
Carley Garner is a frequent contributor of commodity market analysis to CNBC’s Mad Money TV show hosted by Jim Cramer. She is also a regular guest on the Options Insight segment on Bloomberg Television with Abigail Doolittle. Garner has been a futures and options broker, where for over nearly two decades she has had a front-row seat to the trials, tribulations, and victories traders have been dealt by the commodity markets.
Trading Commodity Options…with Creativity is Garner’s fifth title. She is a best-selling author and has been praised for her knack of portraying complicated subject matter in an easy-to-read and entertaining format. Readers will undoubtedly walk away with the tools needed to utilize options, tame the treacherous commodity markets, and create custom-risk and reward profiles to meet the needs of traders regardless of size and experience.