A completely revised and updated edition of the popular guide to understanding and utilizing options
In nontechnical, easy-to-follow terms, Getting Started in Options, Fifth Edition thoroughly demystifies the options markets, distinguishes the imagined risks from the real ones, and arms investors with the facts they need to make informed decisions. This bestselling guide to understanding options includes such new material as references to online sites relevant to options investors; information on how to pick brokerage firms; detailed explanations of risk; bailout points; how to pick stocks for options investing; and how put options can enhance portfolio returns. This Fifth Edition also contains new examples, updated charts, and timely additions to reflect important changes in the market.
Michael C. Thomsett (Port Townsend, WA) is a financial writer with many books and hundreds of articles to his credit, including the four previous editions of Getting Started in Options. He has been a management consultant in the securities industries and is an active options trader.
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Anyone mystified by stock options or who simply dismisses them as too speculative will find Getting Started in Options an excellent first read on the subject. Beginning with the premise that it's not the complexity of the investment but that of its language that makes options difficult for new investors to understand, author Michael C. Thomsett has created a guided tour through the lexicon. The result is a nontechnical introduction to these specialized markets.
The book carefully and completely defines the terminology, explains options investing step by step, and presents strategies so that it is easy to understand at each level of risk involved. Choosing the right stock, buying and selling options, and combining techniques are all covered in increasing complexity, but this is a book for beginners, and those with basic knowledge of the subject will want to seek out more advanced reading.
The biggest drawback of this book is that, for some reason, the text is printed in green ink, making it somewhat more difficult to read and probably impossible for those who are green-colorblind. Publisher, take note! --Scott Harrison
Revised and updated to reflect current price levels. Using clear, nontechnical language, it explains all the terms and phrases along with strategies, concepts and methods of option investing. Includes 40 graphs and charts, sidebar information, a working glossary plus new and revised case study examples. It is the definitive guide for trading and investing in options.
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