The material in this book was the subject of a $2,500 seminar presented by Julian Sebastian, Juris Doctorate. He instructed his students, and now teaches those in possession of this book, exactly how to trade options by identifying recurring classic cycle architecture, and how to greatly profit from the price/time cycles forming in every appropriate time frame (fractal) of any market.
Mr. Sebastian demonstrates on one of the most popular and widely traded stock indexes – the SPY - how trading stock options results in high probability, triple-digit returns that are regularly won over the course of just a couple of trading days – conventional wisdom to the contrary be damned.
This is not a book for option trading beginners. This book assumes a working knowledge of the fundamentals of options including the concepts of strike price, expiration dates, time decay (theta), the relation of price between an option and its underlying security (delta), and implied volatility.