Chapter 13 How a Market Maker Trades

Chapters in this book

1. Frontmatter I
2. Acknowledgments VII
3. Foreword IX
4. Contents XIII
5. Preface XIX
6. Introduction 1
7. Part 1: Professional Lessons Every Trader Needs to Know
8. Chapter 1 Trading in Options 5
9. Chapter 2 Risk Management 14
10. Chapter 3 Market Makers, Risk, and the Individual Trader 36
11. Chapter 4 Volatility 44
12. Chapter 5 What Is Edge? 59
13. Chapter 6 Locking in Edge 70
14. Part 2: Using Spreads
15. Chapter 7 A Review of Basic Spreads 75
16. Chapter 8 A Closer Look at Advanced Spreads 88
17. Chapter 9 Adding Edge to Spreads 104
18. Chapter 10 Butterflies and Condors 113
19. Chapter 11 The Front Spread 125
20. Chapter 12 Calendar Spreads 136
21. Part 3: Global Risk and Volatility
22. Chapter 13 How a Market Maker Trades 147
23. Chapter 14 Portfolio Greeks 155
24. Chapter 15 Trading Volatility 163
25. Chapter 16 Trading VIX ETPs 175
26. Part 4: Appendix
27. Appendix A Important Terms 183
28. List of Figures 201
29. List of Tables 205
30. About the Authors 207
31. Index 209