The complete guide to building the mindset, knowledge, and skills of a professional options trader.

If you're a day trader or a sophisticated individual investor, you can move to the next level trading options as a full-time gig—and make a profit!

Professional options trader Marcel Link argues that the most successful traders are the ones who treat trading like a business. It's how he turned trading into a full-time job, and he shares all his secrets with you. In The High Probability Options Trader, Link explains how to take advantage of online tools, offers a thorough but easy-to-understand explanation of option Greeks, and provides many effective strategies, including selling options and spreads with high volatility, making time decay work in your favor, using different time spreads, staying delta neutral, and using butterflies and condors. He explains how to trade during earnings, how to use technical analyses to time trades, and how to manage risk. Specific topics include:

Learning to understand and take full advantage of a broker's platform

What options are and how they're best used

Methods for valuing options

Choosing underlying stocks, indexes, ETFs, and futures to trade

Using options to protect your portfolio from market turns

Managing your options portfolio

Reading marketing conditions to make the right investing decisions

Placing orders and timing trades

Developing and implanting risk-management strategies

Option trading has seen a tremendous surge in popularity in recent years, with volume records being broken consistently, yet many newer traders don't trade options correctly. Apply the lessons in The High Probability Options Trader to learn how to build a lucrative career in this rapidly expanding market.