I have been trying to study options lately just to be familiar with them. I am not interested in trading options but learning how options could potentially be a tool that value investors could use. This is particularly true in regard to finding mispriced options.
I read the book "Understanding Options" 2E by Michael Sincere and am re-reading the book "The Intelligent Options Investor" by Erik Kobayashi-Solomon. Even though the former book is directed at speculating in options it did a good job at explaining the fundamentals of options and the various techniques and strategies, as well as the Greeks. I agree with the notion of Erik's book more since I think it is directed to an actual investment framework. I very much enjoyed the first hald of the book but I have to say that it is harder for me to follow along with Erik's books as his writing is not as clear as Michaels. The graphs (at least in the digital version of the book) also are pretty hard to read as compared to the ones that Michael use.
I know that Kobayashi-Solomon is working on a Udemy course but it's been over a year and it has not been completed.
Has anyone come across any video resources or any other written material that does a good job explaining how one could find mispriced options and use them as a tool for long-term investing and not simply for trading and speculations.
Has anyone else used options for value investing? I know that other value investors such as Joel Greenblatt have used them to help them buy mispriced stocks such as Well's Fargo back in the 08 stock market crash.
Once again I'm not interested in speculating or trading options frequently but using them as a tool for Long-Term investing.
Submitted February 20, 2021 at 11:48PM by Crazrwire999 https://ift.tt/3dx20gB
