Naked Puts by Ernie Zerenner and Michael Chupka Published by Marketplace Books

Ernie Zerenner and Michael Chupka of Power Financial Group have just released their first book together, Naked Puts: Power Strategies for Consistent Profits, through publisher Marketplace books. This brand new book hopes to dispel rumors that naked puts are risky, and replace them with the idea that they have about the same risk-reward tolerance as covered calls, which are one of the most conservative of strategies. In this practical guidebook, rich with illustrations and theoretical and real life examples, readers will learn some of the favorite strategies used by these two proficient options traders.

The book begins by illustrating some of the most relevant option strategies, then later explains why the naked puts strategy makes sense for traders. Next, Zerenner and Chupka explain the methods for discovering the right trades. Finally, they display how a successful naked put trade would be conducted from start to finish, followed by real life examples of how traders have successfully used these techniques in the past.

Some of the key points within the book are:
• Teaching general and specific rules for researching naked put trades.
• Determining which stocks are most suitable for the naked put strategy.
• Teaching focused criteria to help select the best trade for your goals.
• Gain management techniques and exit strategies for any situation.

With a combined 30 plus years of experience, both authors have a tremendous knowledge of options investing. It was Ernie Zerenner’s breakthrough technology that earned a patent and became PowerOpt.com, which supports his coved call investments. Power Financial Group Inc. is the trading company Ernie established in 1997. Today, Ernie and his staff at Power Financial continue to innovate and seek ways to help investors grow through options trading. Michael Chupka has written dozens of educational articles for Power Options, but this is Michael’s first book co-authored with Ernie Zereneer. Michael brings with him a tremendous knowledge of options and a history of successfully sharing this knowledge with traders.###

About Marketplace Books and Traders Library: Based in Columbia, Maryland, Marketplace Books is the premier publisher of investment and trading material. Marketplace Books has been serving the needs of investors, professional traders, and financial advisors since 1995, often partnering with key industry players in the investment world. Traders’ Library is the preferred online bookstore for Marketplace Books products.

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