The Ultimate Options Trading Strategy Guide for Beginners: The Fundamental Basics of Options Trading and Six Profitable Strategies Simplified like Never Before

Nice

A nice book to get some good strategies to begin with options.

I'm brand new to options, and I bought 4 different books on options trading, along with reading dozens of articles and taking a handful of video on the Internet from various brokers and sellers, and this book is the best of the lot. It's a quick read, but contains the basic definitions that you need to understand options fairly well, and it doesn't overdue it. Some books spend too many pages on intrinsic value and time decay. But what really sets this book apart is it gives you real-life advice all over it's pages, at the right level for a beginner. It's the only book where I feel comfortable enough to actually be doing the strategies it talks about. After reading the few pages on bull spreads, I was like, "Holy sh?t, I'm glad I didn't do a bull spread using any of the other book's or video's advice and play book. I would have been a kid in a candy store and probably lost money until I ran across the advice that this author gives you. Only drawback, for an American reader, is that the example scenarios are for an Indian options trading, but other than having to ignore the Indian money values, it's a great, great book for a beginner. Best of the lot.

Graphs update automatically when the strikes etc. are input. The spreadsheets can easily be tailored to include additional data. The profit-loss graphs clearly illustrate the option concepts for each spread strategy.

Generally option traders tend to be greedy but, don’t read this book with expectations of strategies yielding huge returns. This book explains basics of options trading clearly and to the point along with few time tested consistent and reliable strategies.

The strategies here are not in depth enough and superficial to me. The facts here are pretty basic and plain.