OTM Put Option Selling Finally Places Investors in the Driver’s Seat

Frisco, TX, June 14, 2012 --(PR.com)-- If fear of risk has always steered you away from options, a pair of Dallas-based traders want to change your way of thinking and introduce you to selling out-of-the-money put options.

Richard Buchanan, a retired businessman, and Dr. Mark Palmer, DDS, a dentist, are the authors of “How to Sell OTM Put Options”, a consumer-friendly investment guide available on www.amazon.com/shops/putoptions (ISBN: 978-0-578-10013-5).

Using straightforward language and easy-to-understand scenarios, the book outlines the techniques Buchanan and Palmer have developed and employed over the years to safely and consistently earn very handsome APRs by selling OTM Put Options.

“Most investors work hard for their money, but once they have it in hand, they tend to ignore it or move it around from investment to investment on the basis of secondhand tips or ill-informed hunches,” said Richard Buchanan. “Or they blindly turn their investment decisions over to a financial advisor whose top priority is to make money for his employer, not necessarily his clients.”

"The conventional wisdom is to avoid trading options in favor of ‘safer’ or better understood investment choices like stocks, mutual funds, ETFs, or CDs," he continued. “Most financial advisors won’t suggest selling OTM Put Options when working with investors to create a well-balanced portfolio because they likely know very little about option trading. Yet OTM Put Option selling can actually represent a safer choice than simply buying shares of stock, provided the investor has acquainted himself with our book’s Boomer Technique and done some homework. It’s a little understood yet richly fertile opportunity to safely invest your hard-earned income and savings for some very serious returns.”

“Our book de-mystifies the OTM Put Option selling process and encourages investors to become self-directed, so that they can realize substantial APRs with less risk than traditional buy–and-hold strategies,” added Dr. Mark Palmer.

“We use basic investment terms, define concepts that are less widely known, and outline our technique in a way that’s meaningful to everyone from a novice investor to a seasoned day trader,” said Palmer. “We also point out common pitfalls to avoid and strategies to use that can minimize risk and protect assets. The bottom line is that our book gives readers the chance to learn from our successes as well as our mistakes, and empowers the average investor with a rare opportunity to make some significant profits.”

Michael C. Thomsett had the following comments about the book:

"Excellent book for options traders June 12, 2012 The substance and organization of the book are great. The authors covered everything in the best possible 'stepping stones' for the reader and, while demonstrating profit potential they also cautioned about risk and moving away from the necessary discipline. I liked it a lot. These are excellent writers and, most important of all, they covered the topic the way it needed to be covered. It's a fine book. I recommend it to every options trader or investor who wants to learn more about options."