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List Price: $16.95Amazon.com's Price: $11.53 You Save: $5.42 (32%)as of 07/30/2010 07:05 EDT
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Binding: Paperback
Dewey Decimal Number: 332.6453
EAN: 9780071476362
Edition: 1
ISBN: 0071476369
Label: McGraw-Hill
Manufacturer: McGraw-Hill
Number Of Items: 1
Number Of Pages: 240
Publication Date: September 22, 2006
Publisher: McGraw-Hill
Studio: McGraw-Hill
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Editorial Review:
Product Description: Written by Michael Sincere, the best-selling author of Understanding Stocks and other popular investing books, this down-to-earth guide employs short, concise chapters to explain what options are, the various types of options, how to trade options, how to avoid investing mistakes, beginning and advanced options strategies, and much more.
Understanding Options tells you in jargon-free language how options are income-producing tools; how options can be part of an overall investing plan; the relationship between options and stocks; the pros and cons of options, how personal computers have made options easier than ever to understand and use; and much more.
Average Rating: 
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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 ... Read More
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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.
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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. ... Read More
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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.
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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.
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