The Little Black Book of Hansuru: A Survival-First System for Options Income (Paperback) (ISBN-13: 9798185367964)

Most trading books lead with how much they made. This one leads with the opposite.

The Little Black Book of Hansuru is a working options-income system, written by the person who runs it. 反する (hansuru) means to go against: against the consensus, and never all-in. The whole book rests on one law. Survive first, then compound. Everything else sits downstream of it.

Inside:

• The four jobs a book of trades has to do, and why no single one can carry the weight alone
• The five market regimes and what each one asks of you
• Position sizing that keeps a bad day from ending you
• A convex sleeve built so the rare violent move is survivable instead of an ending

It teaches options from scratch in the appendices, so a newcomer can follow it, and it is honest about its own backtest.

Here is the honest part, up front, where it belongs. As the author writes it, the working layer of this system has not yet net made money. The income engine collected steadily for six calm months, and then one volatile month took it back and more, exactly the failure mode the book keeps warning about. The structure held. The account kept trading the next month. What the system has proven so far is that it survives. That honesty is the point, because a record with no losing stretch is a sales page.

If you sell options for income, or want to learn how carefully, this is the frame: iron condors, credit spreads, the wheel, cash-secured puts, tail-risk hedging, and the discipline to survive the month that grades the magnitude instead of the count.

This is education and research, not financial advice. The author shares his own method and his own bruises. What you do with your money is yours.

Published by Organic Arts LLC.

Education, research, and software only. Not financial advice. No managed money, no pooled funds. The author shares only his own trades. De-identified throughout: lessons, percentages, and structure, never real balances or account numbers.