Financial Pros.
Portfolio Managers.
Serious Investors.
Intelligent Investors’ Guide to Options
This guide melds an intuitive explanation of options – simple, directional tools that offer a peerless way to tailor investment exposure – with a clear-eyed valuation framework and actionable advice on avoiding the behavioural biases that so often affect individual and institutional investors alike.
4.1 Stars on Amazon!
Industry Endorsements
“In addition to showcasing Erik’s expertise in developing option investment strategies…this book delivers the information in a way that’s accessible to individual investors.”
Joe Mansueto,
Founder, Chairman, and CEO, Morningstar, Inc.
“Erik knows--and lays out here--that to use options successfully, you need to understand the underlying stock and its valuation first. This is one of the few books on options that teaches this fruitful, combined approach. And that's why it works.”
Jeff Fischer
Advisor, Motley Fool Options
“Erik’s method is the only sensible way to think about investing with options in a value oriented fashion.”
Franco D.
Brazilian hedge fund manager
Take a peek inside the book
Understanding how options work will give you a tremendous advantage as an investor in any asset — stocks, bonds, currencies, crypto, or real estate
About Erik
Erik’s 25+ year career in the financial services business has spanned investment banking, hedge funds, third-party stock research, and venture capital.
The Intelligent Option Investor and the online classes at Framework Investing draw from that deep well of experience.
Extras
Web Appendices
Work through an actual analysis using the example of what turned out to be a phenomenally successful investment in Oracle (ORCL)
Errata
A few mistakes and typographical errors slipped through the writing and editing process.
Framework Investing
Erik has created online coursework designed to help financial pros and serious investors understand how to invest sensibly using options.
What our READERS say
I really enjoyed this book - it covers two areas that are key to my Investment process (calculating the fair value of publicly traded companies and how to intelligently trade options based on those valuations).
I especially like the graphics in this book - which are very unique - they clearly demonstrate the Authors approach and ideas regarding Intelligent Options Trading.
ZOption Trader
Erik's great skill is distilling the arcane world of options pricing into understandable concepts and visuals. From there, he breaks down the corporate value creation process in a manner that is transparent, testable, and universal.
JOB
I just finished reading Erik's book and have to say that it is one of
the most lucid and useful explanation of options as an investment tool
that I have come across despite having studied options as part my degree
in Business Management.
The visual explanation of various position is very valuable in having a
clear understanding of how and why each strategy discussed works or
doesn't work.