This straightforward, bestselling guide thoroughly demystifies the options markets, enabling you to maneuver effectively within them, and gain healthy returns.
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 the Paperback edition.
GETTING STARTED IN OPTIONS
During the recent market turmoil, option trading volume actually increased, but many are still unsure of the opportunities that options present, simply because they don't fully understand how this market works.
With the Eighth Edition of Getting Started in Options, author Michael C. Thomsett looks to change this. In non-technical, easy-to-follow terms, this accessible guide thoroughly demystifies the options markets, distinguishes the imagined risks from the real ones, and arms investors with the facts they need to make more informed decisions. Filled with in-depth insights and practical advice, this reliable resource:
Opens with an introduction commenting on the recent market turmoil and the growing importance of options
Contains new chapters on futures and index options
Discusses how to utilize the many new online resources available to you
Addresses the importance of accurately identifying your own risk tolerance levels and deciding how to effectively incorporate options into your portfolios
Includes sidebar definitions and easy-to-follow examples
Besides new examples, updated charts, and timely additions to reflect important changes in the markets, this edition also includes discussions on other important options issues, such as: how to calculate options returns; "test run" activities to try out new theories; and much more.
Written in a straightforward and accessible style, Getting Started in Options, Eighth Edition provides you with a solid foundation in this field and will help you become fully familiar with one of today's most important investment vehicles.
I have 25 years of teaching experience. From that standpoint I can tell that the author is real good in making complicated things simple. I enjoyed the language of the book - simple and artististic at the same time.
I've begun to apply some of the trading methods introduced and already made some money. However, like the book has reminded me, pick a good stock and use option wisely.
Good luck to all of you.
Starting with basic definitions, Mr. Read more