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| Introduction | |
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| Introduction to Hedging and the Markets | |
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| Life Is a Series of Risk-and-Return Decisions-and So Is Investing | |
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| Chapter Lessons | |
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| Emotion Is Your Enemy, So Bid It Goodbye | |
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| Chapter Lessons | |
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| Don't Forget Why You Invest | |
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| Having a Long-Term Horizon | |
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| Preserving Your Capital | |
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| Chapter Lessons | |
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| The Investment Game Isn't Rigged, But | |
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| Indexing | |
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| Asset Class Allocation | |
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| Defensive Hedging | |
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| Chapter Lessons | |
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| The Immutable Laws of Investing | |
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| Capital Lost Is Capital That Cannot Grow | |
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| Avoiding the Ten Worst Days | |
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| Avoiding the Four Worst Quarters | |
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| Chapter Lessons | |
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| Risk Is What You Buy; Return Is What You Hope For | |
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| Chapter Lessons | |
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| Emotion Is the Enemy | |
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| Chapter Lessons | |
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| Volatility Is Kryptonite | |
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| The Psychological Impact of Volatility | |
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| The Logistical Impact of Volatility | |
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| Chapter Lessons | |
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| The Taxman Cometh | |
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| Chapter Lessons | |
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| The Five Iron Rules of Buy and Hedge | |
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| Hedge Every Investment | |
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| Building a Portfolio Hedge Instead of Position Hedges | |
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| Using Greeks to Design Your Hedge | |
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| Chapter Lessons | |
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| Know Your Risk Metrics | |
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| The Four Key Risk Metrics | |
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| Chapter Lessons | |
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| Constructing a Long-Term, Diversified Portfolio | |
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| Having a Long-Term Outlook | |
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| Building a Diversified Portfolio | |
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| Putting It All Together in Your Portfolio | |
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| Wrap-Up | |
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| Chapter Lessons | |
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| Unleash Your Inner Guru | |
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| Identifying Your Investing Strengths | |
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| Being Overconcentrated in One Sector | |
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| Implementing Rule #4 | |
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| Chapter Lessons | |
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| Harvest Your Gains and Losses | |
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| The Three Times We Harvest Gains or Losses | |
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| Wrap-Up | |
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| Chapter Lessons | |
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| The How-To and Basic Tactics of Hedging | |
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| Hedging with Options | |
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| Chapter Lessons | |
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| What Is an Option? | |
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| Chapter Lessons | |
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| Option Positions | |
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| Option Chains | |
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| ITM, OTM, ATM | |
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| Chapter Lessons | |
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| Understanding and Using Options | |
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| Option Valuation | |
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| The Pizza Coupon | |
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| The Impact of Volatility on Option Pricing | |
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| The Flood Insurance Example | |
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| The Other Side of the Trade | |
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| Maintenance Requirements | |
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| Chapter Lessons | |
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| Risk Graphs: A Picture Is Worth a Thousand Dollars | |
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| Absolute Hedge Risk Graphs | |
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| Partial Hedge Risk Graphs | |
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| Chapter Lessons | |
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| Married Puts | |
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| Position Dynamics | |
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| Risk Metrics: Married Put | |
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| Choosing the Strike Price for a Married Put | |
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| Choosing the Expiration Month | |
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| Bonus Strategy: Married Calls | |
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| Chapter Lessons | |
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| Collars | |
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| Position Dynamics | |
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| Risk Metrics | |
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| Choosing Strike Prices for Collars | |
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| Selecting the Expiration Month | |
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| Chapter Lessons | |
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| Stock Replacement Tactic That's Easy on Your Cash | |
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| Position Dynamics | |
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| Risk Metrics | |
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| Choosing the Strike Price | |
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| Choosing the Expiration Period | |
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| Chapter Lessons | |
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| ETFs Will Look Great in Your Portfolio | |
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| Finding the Right ETFs for Your Portfolio | |
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| The Largest, Most Popular ETFs and ETF Issuers | |
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| Using Sector ETFs in Your Hedging Tactics | |
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| ETFs with Options | |
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| Index Options as an Alternative | |
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| Chapter Lessons | |
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| Portfolio Puts | |
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| Portfolio Put Defined | |
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| Chapter Lessons | |
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| Advanced Tactics | |
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| Vertical Spreads | |
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| Bull Call Spreads | |
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| Risk Metrics | |
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| Using Probability to Compare Spread Trades | |
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| Bear Call Spreads | |
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| Vertical Put Spreads | |
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| Number of Contracts | |
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| Chapter Lessons | |
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| Diagonal Spreads | |
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| Diagonals Aren't Always the Best Solution | |
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| Chapter Lessons | |
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| Managing the Cash in Your Portfolio | |
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| Investing Your Normal Cash Allocation | |
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| Cash Management Tactics for the Advanced Hedging Client | |
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| Breaking the Rules for the Right Reason | |
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| Chapter Lessons | |
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| Managing for Tax Efficiency | |
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| Tactics for Tax-Advantaged Accounts | |
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| Tactics for Taxable Accounts | |
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| Tax-Advantaged Investment Vehicles | |
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| Chapter Lessons | |
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| Conclusion: Putting It All Together | |
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| Finding Your Investor Tempo | |
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| ...While Executing the Five Iron Rules | |