This is the eBook version of the printed book.Successful options trading requires extensive practice. With The Option Trader's Workbook, Second Edition, you can get all the hands-on practice you need, without risking a dime! Updated with the newest trading techniques, it contains hundreds of realistic problems for beginners, intermediate-level traders, and even experts. You'll walk through trades designed to profit from changing prices and volatility, time decay, and many other factors. This edition's new problems include: CBOE Weekly Options Expiration options; using collars, covered calls, and covered puts to structure income-generating trades with well-defined risk profiles; using ratio and variance trading, VIX options, and volatility ETFs; and much more. Fully explained solutions are provided for every problem.