Stephan's book is a very good guide to the trading style Tom Sosnoff and Tony Battista have developed and built their company around. tastytrade,com is a wealth of information that is constantly being updated with current research. The only downside is, it takes hours/days/months to absorb all the video. Stephan's book goes a long way towards filling that gap with a well organized and complete book.
Stephan has done the best job yet of presenting the tastytrade trading style and mechanics in a clear, concise way. His book breaks down all the trades like a reference manual. I keep it open all day as I trade. The yellow quick reference notes at the end of each section are great.
His second book does a good job of explaining the mitigation mechanics to use when a trade goes bad. I would have liked more on portfolio management and maintaining a delta neutral portfolio and why it is important.
Stephan has been very supportive of our trading group here in Minneapolis. His blog allows a new trader to follow along as he trades and to be confident he is the real deal and not some guy trying to sell books. I hope Stephan continues writing. He has a clear, easy to read style. He is making a great contribution to the growing tastytrade community.
Thank you Stephan for a very good book!
This book is about managing your own money by trading options. It shows a mechanical approach to trading, without guessing or predicting. The strategies presented in this book are backed by numerous studies conducted by the tastytrade research team and the author’s personal experience.