Sep-4th-2010

Books suggestions on option trading?

Hi, I’m looking for a good book on options trading that would be good for a rookie / first timer but not be too basic that it would be worthless soon. Something that covers the basics but also goes into the more advanced parts. I’m interested in more than just calls, using puts to protect stocks I already own is what i’m trying to understand better. Sometimes I feel like a well written book is better than all the info on the internet for some reason. The book would ideally also cover many of the rookie to advance strategies of options. As i’m starting to see a combo of stock purchases and option purchases could be more beneficial to me. I’m a quick learner and just getting into trading stocks. Last 2 months already earned myself a 17% realized increase!

FYI: I already have this book and its great!
The Neatest Little Guide to Stock Market Investing, 2010 Edition by Jason Kelly

Thanks
-Brian
I haven’t traded a single option yet. I’ve gotten close to doing it. At this point I am granted access for level 2 option trading. I’m sure I could get higher that is just what I asked for at the moment to stop me from possibly getting too far over my head.

4 Responses to “Books suggestions on option trading?”

  1. Tangent says:

    If you know all the basics about options and want to start learning the complexities of derivatives, Options, Futures, and Other Derivatives by Hull is perhaps the most comprehensive book you can buy. If you are looking for a more applicable book and are comfortable with options terminology, Taleb wrote a book called Dynamic Hedging, Managing Vanilla and Exotic Options that is incredibly useful.

  2. Kasey C says:

    Anything by Fontanallis.

    He’s founder of Optionetics, if I remember right.


    Kasey C, PC guru since Apple II days
    C program run. C program crash. C programmer quit.

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