A comprehensive yet simplified guide to the complex world of options investing and risk management Before trading derivatives, one needs to understand the secrets and mechanics behind the options market. Your Options The Practical Reference and Strategy Guide to Trading Options offers a straightforward, practical explanation of the options marketplace, including its origins, the mechanics of the market, and how to profit from trading options. Options are a versatile trading instrument that typically cost less and can have lower risk than stocks. They also offer investors a unique edge and lucrative opportunities that are not available to stock only traders. Your Options Handbook helps investors fully understand the options market, allowing them to enter the sector with greater ease.
A slightly dated detailed look at the world of financial options from a trader, insider perspective. The book is similar to others in this category but by far the most realistic and concerned about misuse of the tools.
The list of strategies is not complete but the ones that are coveted are looked at in great detail. Also some of the side stories give real insight to what can go right or wrong.
Easy to understand. Author clearly explains basic strategies however not much explanation regarding option adjustments when you are in the wrong side which I feel necessary but still a good recommended read for options beginners.