StockFetcher Forums · General Discussion · options<< >>Post Follow-up
624 posts
msg #93207
Ignore jrbikes
5/27/2010 3:03:17 PM

anyone know of a good book or site to learn options, not pie in the sky crap, just easy to understand stuff!

469 posts
msg #93210
Ignore straken
5/27/2010 3:57:49 PM

There are many good ones and there's a lot of fluff and bs. It depends on whether your a novice or have some experience with options trading. With options one of the most important things to learn and thoroughly understand are the greeks and implied vols. Secondly the tools you use such as software. You will need the ability to screen and decipher options trades to assess which trades are directionals or a vast number of different spreads to determine a bias as to the stocks direction.
Dependent upon where your experience level is, start with a basic instructional manual.

351 posts
msg #93224
Ignore gmg733
5/27/2010 10:29:00 PM

Options Made Easy - Guy Cohen
Spread Trading - Greg Jensen

Currently reading Trading Options Greeks - Dan Passarelli

All are good. Do yourself a favor and retrain yourself for trading options. Forget about stops. Options are so powerful and can be so non-directional that if used correctly can make money even when you get it wrong. :)


624 posts
msg #93232
Ignore jrbikes
5/28/2010 2:04:30 AM

thanks guys, I appreciate it, just wanting to learn a little about them!

StockFetcher Forums · General Discussion · options<< >>Post Follow-up

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