Anyone mystified by stock options or who simply dismisses them as too speculative will find Getting Started in Options
an excellent first read on the subject. Beginning with the premise that it's not the complexity of the investment but that of its language that makes options difficult for new investors to understand, author Michael C. Thomsett has created a guided tour through the lexicon. The result is a nontechnical introduction to these specialized markets.
The book carefully and completely defines the terminology, explains options investing step by step, and presents strategies so that it is easy to understand at each level of risk involved. Choosing the right stock, buying and selling options, and combining techniques are all covered in increasing complexity, but this is a book for beginners, and those with basic knowledge of the subject will want to seek out more advanced reading.
The biggest drawback of this book is that, for some reason, the text is printed in green ink, making it somewhat more difficult to read and probably impossible for those who are green-colorblind. Publisher, take note! --Scott Harrison
--This text refers to an alternate
From the Back Cover
Getting Started in Options
Time values? Puts and calls? Striking prices? If options seem like foreign territory to you, you're not alone. Options have only been traded since the 1970s, so even seasoned investors can be daunted by them. But don't let their seeming complexity frighten you away from the potentially lucrative opportunities to be found in options investing. This straightforward guide thoroughly demystifies the options markets, helping you understand how they work, where they can fit into your personal financial picture, and how you can reap healthy returns from them. In nontechnical, easy-to-follow terms, Getting Started in Options, Fourth Edition arms you with the knowledge you need to make informed decisions about choosing stocks, tracking options, selling calls, and much more-including how to utilize the many new online resources. You'll learn how to:
* Set up a plan based on your specific investment requirements ?
* Master options terminology and concepts ?
* Read the market and spot the specific risks of each type of option ?
* Understand time values, striking price, and expiration and use them effectively ?
* Hedge and speculate like a seasoned pro ?
* Use options as insurance against losses in stock investments ?
* Profit in these exciting markets ?