In this fully updated book, options trading innovator George Fontanills arms you with the knowledge and skills youneed to unleash the phenomenal power of your computer to become a successful online options trader. Following a concise review of the basics of online trading--including hardware and software requirements and essential online resources--Fontanills cuts to the chase with step-by-step coverage of proven managed risk option trading strategies. Specifically designed for online traders, these tested off-floor techniques provide you with a sure-fire method for consistently building up your trading account. Drawing upon his years as a leading international options educator, Fontanills makes it easy for you to master online options trading by walking you through a series of hypothetical trades that demonstrate how to compute the maximum risk, maximum profit, breakevens, and exit alternatives for each strategy. Trade Options Online also includes a comprehensive guide to fundamental and technical analysis methodologies, a detailed list of the best financial resources, websites analyzed from the point of view of an online options trader, and a review of the most popular online brokerages. Trade Options Online is your complete guide to earning a living and making a killing as an online options trader. Since the first edition of Trade Options Online was published nearly eight years ago, much has changed in this fast-moving field. The ease of electronic trading combined with a variety of new productsincluding new indexes and ways to trade volatilityhas spurred the ongoing growth of the options market and created profitable new opportunities in the process. As advances in technology allow online options traders to become more independent, understanding the intricacies of this marketplace and making good trading decisions have become more important than ever. That's why options trading innovator George Fontanills has written a fully revised and updated second edition of his best-selling book. Filled with in-depth insights and practical advice, this accessible guide provides you with a working knowledge of essential options strategies and the computer savvy to enhance your online trading endeavors. While the first few chapters outline the basics of online options trading, this book quickly moves on to address how you can integrate proven options-based trading techniques into a comprehensive plan that fits your personal preferences. Fontanills details various managed-risk option strategiesfrom vertical spreads to ratio backspreadsthat are designed to take advantage of everyday market opportunities, and walks you through a series of hypothetical trades that demonstrate how to compute the maximum risk, maximum profit, breakevens, and exit alternatives for each strategy. Along the way, Fontanills also takes the time to discuss other essential elements of this discipline, including trading futures options, streamlining your trading approach, and mastering the inner workings of the order process, to name a few. In addition to this information, several appendices offer guidance that will help you maintain a competitive online edge, including a short list of options trading software; reviews of more than 200 financial resource sites broken down by specific categories; surveys of online brokerages as they compare to one another in services, commissions, and resources; and much more. While it's rewarding to build wealth from the comfort of your computer, it takes time to learn how financial markets function as well as develop effective trading strategies to operate within them. The Second Edition of Trade Options Online will show you how to do this, and much more, whether you're looking to boost returns by using leverage or protect your investments by hedging. Praise for trade options online SECOND EDITION "The sophistication of online options trading platforms has continued to grow and modern traders have unparalleled tools at their disposal. However, without knowing how to use these tools, they are useless. George's book is the perfect complement for anyone trading options online. All key strategies are covered in concise detail and explained with good examples. This is an excellent reference to support online options trading." John-Paul Drysdale, CEO, Hubb, www.hubb.com "As cofounder and President of Optionetics, as well as a seasoned options trader with a successful pedigree, George Fontanills continues his leadership in successful options trading with this new edition. George provides step-by-step coverage of proven managed risk option trading strategies against a backdrop of fundamental and technical methods. This is a must-read for anyone serious about options trading." Laurence J. Pino, Esq., Chairman and CEO, Dynetech, Inc. "George Fontanills has continued to do what he has done for years: educate people in the ways to use options to improve their investing performance with an eye on managing risk. H