Vertical Option Spreads: A Study of the 1.8 Standard Deviation Inflection Point, + Website

Praise for Vertical Option Spreads

"An interesting read and practical how-to manual on harnessing the power of probability trading."
—Jerry Kensok, CFP®, President/Portfolio Manager, Lewis & Clark Fund Advisers, LLC

"Conrick and Hanson break new ground in applying Monte Carlo simulation techniques to the field of options trading. We're thrilled that Crystal Ball is featured prominently throughout the book as a way for traders to make sound decisions based solely on probability and without regard to market direction. I trust that the ideas and methods put forth in this book will become part of your good fortune."
—Eric Wainwright, Chief Architect, Crystal Ball Software Division, Oracle

"As a CPA and informed investor, I, like the authors, attempted a few investing techniques including use of technical indicators and fundamental financial analysis. My preferred approach was that of an intermediate term investor (weeks to months), and my results were inconsistent. The alternative approach detailed in this book offers a possible solution. The reliance on probabilities helps compensate for the various personal biases investors confront. Combining the rich data analysis with short (weekly) exposure windows presents an intriguing opportunity to manage risk. The power of this approach is further unlocked for each trader by allowing customization of risk tolerance for each trade as the situation merits."
—Joe Hanson, commercial banking officer