The Unlucky Investor’s Guide to Options Trading shares the fundamentals of applied options trading to empower ambitious traders–minimal luck needed

Published by Wiley, this approachable and actionable guide to options trading is available for pre-order now and is set to release on February 23^rd

New opportunities for retail investors to engage with the market are emerging at breakneck speeds, and many consumers are recognizing the potential to incorporate options into their toolkit of available financial strategies. According to the Options Clearing Corporation, a record of 39 million options contracts have traded daily on average in 2021, rising 35% from 2020. Once the domain of investment professionals, retail investors now account for 25% of total options trading activity -- and this trend shows no indication of stopping.

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The Unlucky Investor’s Guide to Options Trading penned by tastytrade podcast host and research analyst, Ms. Julia Spina, provides retail traders and teaches readers everything from the fundamentals of options to building customized strategies according to quantitative reasoning, rather than relying on luck. (Graphic: Business Wire)

With more retail investors flooding into the options space, education is needed to ensure that individual investors understand how to trade these instruments responsibly, strategically, and consistent with their unique financial goals. To this end, tastytrade podcast host and research analyst, Ms. Julia Spina, has penned The Unlucky Investor’s Guide to Options Trading to provide retail traders with a comprehensive and actionable view of options trading. The Unlucky Investor’s Guide teaches readers everything from the fundamentals of options to building customized strategies according to quantitative reasoning, rather than relying on luck.

“Readers are able to see how we use statistics and historical options data to develop an intuitive understanding of the potential risks and rewards of options contracts. From the basics of options trading to strategy construction and portfolio management, to the aim of this book is to teach readers the crucial risk management techniques for sustainable investing,” said Ms. Spina.

Ms. Spina, who comes from a background in physics, began trading options two years ago after joining the research team at tastytrade. During her time on the team, she was able to rapidly overcome the complicated options learning curve by watching markets regularly, arguing with other researchers, and working alongside some of the most legendary traders in the retail space. These experiences motivated her to write The Unlucky Investor’s Guide and help traders quickly build their own options trading intuition by breaking down how she built her own.

“This book is a natural extension of the focus on education tastytrade has had since day one – we began as an online financial network in 2011, with a passion to create dynamic content to democratize retail investing. Our goal was to disrupt the old-world order of exclusionary institutional investing and make a variety of tools like options and futures more accessible to the average retail investor,” said Tom Sosnoff, co-CEO of tastytrade.

“Over time, tastytrade has built an entire platform to shake up the entire retail trading space and make options and futures trading more accessible for people. Our collective passion, which drives us individually and as a company, is to offer tools to help traders become more sustainable, long-term participants. This book is definitely part of tasty’s retail trader revolution,” Mr. Sosnoff concluded.

Published by Wiley, The Unlucky Investor’s Guide to Options Trading is currently available for preorder, and will be available wherever books and eBooks are sold on February 23^rd. Copies will also be made available as a gift to those who open and fund a tastyworks brokerage account. Visit tastytrade to learn more.

About the Authors:

Julia Spina is a member of the research team and podcast co-host at tastytrade where she works as a financial educator and options strategist. Drawing from her background in physics, signal processing and data analysis, Julia introduces viewers to topics in quantitative finance and their applications in options strategy development. At the University of Illinois, she earned bachelor's degrees in engineering physics (2017) and applied mathematics (2017) and a master’s in physics (2018).

Tom Sosnoff is an online brokerage innovator, financial educator, and the founder and co-CEO of tastytrade. Tom is a serial entrepreneur who cofounded thinkorswim in 1999, tastytrade in 2011, tastyworks in 2017, helped to launch Luckbox magazine in 2019, and in 2020 created the first new futures exchange in 20 years, The Small Exchange. Currently, Tom hosts tastytrade LIVE and continues to drive know-how for the do-it-yourself investor. Tom has been named to Techweek's Tech 100 list, Crain's Chicago Business's Tech 50, and has spoken at more than 500 events across the globe.

About tastytrade, Inc.:

tastytrade, Inc. is focused on empowering investors through its award-winning financial content and media network, trader education, and dynamic brokerage services. Established in 2011 as a disruptive force to reinvent the accessibility of retail options and futures content and education for individuals, tastytrade offers 10 hours of daily, live, commercial free programming 7 days a week to retail investors in 190 countries.

The tastytrade ecosystem also includes brokerage firm tastyworks, Inc., established in 2017, which supports investors who want to actively manage their own money with a powerful trading platform and embedded engaging content. tastyworks, Inc. is a registered broker-dealer and a member of FINRA, NFA and SIPC, and tastyworks Australia Pty Ltd is an ASIC registered broker-dealer.

tastytrade, Inc. is part of IG Group Holdings plc (LSE: IGG), a global fintech company that provides its award-winning products and platforms to ambitious people around the world, giving them access to ~19,000 financial markets.

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