PrintNumber ErrorLocation Error Correction DateAdded
3 pii Third Printing December 2011 TBD 10/26/2011
3 pxiii He has 20 years of experience in business management, with 12 years in the online brokerage field with TD Ameritrade and Datek On-Line. He has 20 years of experience in business management, with 12 years in the online brokerage field with TD Ameritrade and Datek Online. 4/30/2013
3 pxiii Jay resides in Omaha, Nebraska, with his wife, Lynn, and 6-year-old son, Zander. Jay resides in Omaha, Nebraska, with his wife, Lynn, and son, Zander. 4/30/2013
3 p68-69 Figures 10.1 and 10.2 are blurry. fixed 4/30/2013
3 p121 These are popular order types used by retail investors that exit a position after it declines to a certain price. Those are popular order types used by retail investors that exit a position after it declines to a certain price. 4/30/2013
3 p129 As strange as all this seems, brokers make this rule easy to figure out by noting how many days are left before expiration in the quotes or positions list. Figure 16.1 illustrates this timing.
Figure 16.12011 expiration calendar
As strange as all this seems, brokers make this easy to figure out by noting how many days are left before expiration in the quotes or positions list. Figure 16.1 illustrates this timing.
Figure 16.12011 expiration calendar
4/30/2013
3 p130 So SEP2 11 means that the Option expires on the Thursday of the second week of September 2011. So SEP2 11 means that the Option expires on the Thursday of the second week of the September 2011 Option period. 4/30/2013
3 p138 This mathematical value and simple calculation of intrinsic value make it easier for investors to use Options as a viable hedging tool. This mathematical value and simple calculation of intrinsic value makes it easier for investors to use Options as a viable hedging tool. 4/30/2013
3 p145 Of course, your downside risk is linked to the price of the pizza. Of course, your downside risk is linked to the price of the pizza, as well. 4/30/2013
3 p162 Figure 19.8 missing dotted line at 67. fixed 4/30/2013
3 p174 The data in this example is from the beginning of May 2011. The option expiration period was April 17, 2011. The data in this example is from the beginning of May 2011. 4/30/2013
3 p177 Remember to track your investments in your trade log. Remember to track your investments in your trade journal. 4/30/2013
3 p182 Figure 21.1 says Max Loss of $150 at 17. Should say $100 4/30/2013
3 p183 When the put is in-the-money, the owner should exercise and sell the stock at a higher price than market to gain the benefit of the hedge, as shown in Table 21.3. When the put is in-the-money, the owner can exercise and sell the stock at a higher price than market to gain the benefit of the hedge, as shown in Table 21.3. 4/30/2013
3 p195 Figure 22.1 says Long Call Max
Loss of
$1,500 at 117
Should be $1,550 4/30/2013
3 p209 Table 23.1 updated. fixed 4/30/2013