Options are a unique trading vehicle that can be incorporated into your toolbox of trading strategies to create potential gains. If you are a beginner trader, this book will equip you with an understanding of where and how to start, what to expect from options trading, and how you can develop your own strategies based on your personal goals. If you are a trader with some experience, this book will give you some insights on the author’s approach to options trading and some strategies that I have used to make profitable trades.
In this book you will learn…..What are options and how they are createdWhat are the elements that make up an optionHow do options compare to stocks; advantages and disadvantagesImportant measures that options traders use to make trade decisionsHow to use options for all types of timeframes from day trades to position tradesTrade structures that can be used to protect gains or collect additional revenueTrading strategies that can be used to make bets on an underlying securities directionThe importance of journaling and risk management
Brian Prezim’s options trading book is a solid four-star read, offering a clear and practical introduction to the often complex world of options. His explanations are accessible without oversimplifying, making it a great resource for beginners and intermediate traders alike. The book balances theory with real-world examples, helping readers understand not just how options work, but how to apply them strategically. While seasoned professionals may find the material somewhat basic, the straightforward language and actionable insights make it a valuable addition to any aspiring trader’s bookshelf.
Great introduction to options trading strategies and general trading fundamentals for the novice or aspiring options trader. Different uses of options are covered as well.