Job & Edu

Understanding Options

From McGraw-Hill

Author : Michael Sincere
Binding : Paperback
DeweyDecimalNumber : 332.6453
EAN : 9780071476362
Edition : 1
ISBN : 0071476369
Label : McGraw-Hill
Manufacturer : McGraw-Hill
NumberOfPages : 240
ProductTypeName : ABIS_BOOK
PublicationDate : 2006-09-22
Publisher : McGraw-Hill
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Customer Reviews

Rating:
Summary: Simple, easy to follow, well written
Comment: At the time of purchasing this book, I had about 1 year's experience trading stock. My understanding of options was fairly limited, and I was looking for a book that would lay out the basics, and provide me with the foundations for trading option contracts. I was very pleased with this book and its pedigogical approach. A richer understand of options however, this book does not provide. Perfect if you have little to no experienced with options, perhaps not so recommended if you consider yourself intermediate on the topic. Otherwise, an excellent buy for the price.
Rating:
Summary: Great Options Starter
Comment: Reading this book allowed me to get started in options trading. I read a few more as I got more into it. He explains options in terms that are very easy to understand. He explained necessary analysis necessary before picking an option and option strategy. It was easy to turn that into spreadsheets you can use to analyze your plays.
Rating:
Summary: Great intro to Options!
Comment: Several reviewers have mentioned that this book is too narrow and simple on the techniques described, but I believe they miss the point of the book when it's aimed at people who are new to options. This book offers a quick read and out of several beginner options books out there, I would pick this as the first to get started. I have to stress that this book is for beginners - meaning people who don't know what options are and wants to gain a better understanding in a language that is easy to understand. The author takes a friendly approach in using real life examples for explaining how options work, and I think for the visual learners out there, this teaching style would be very helpful. After that, the author goes into the four most common techniques in trading options and simply gets the reader's feet wet. This is perfectly fine since it's a book that offers a stepping stone to what's out there and it's accomplished that successfully.
Rating:
Summary: great book for beginners
Comment: This book is great for beginners. Michael explains all aspects of option trading in words and examples that are easy to understand. This is a great place to start if you think you might want to trade options.
Rating:
Summary: Excellent Book For A Beginner
Comment: I needed to diversify my investments by going into options. I had absolutely no clue about how they worked. This book is just what was needed. Michael has a very simple way of explaining a difficult subject. His use of simple illustrations is also a big advantage in this regard. It was especially good to see that he it made it realistic. Even though with leverage options can be a big money maker this writer ensures that you understand clearly the risks involved so that you don't get carried away.

After reading this book I felt confident enough to begin trading options.

I would recommend it to any beginner.Understanding Options