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Getting Started in Options, Fifth Edition

Michael C. Thomsett, Michael C. Thomsett

Getting Started in Options, Fifth Edition - image
Rating: 4.0/5 Stars
Rank: 7496
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--This text refers to the Paperback edition.

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About the Author

MICHAEL C. THOMSETT is a financial writer with more than fifty books and hundreds of articles to his credit, including the bestselling Getting Started in Bonds (Wiley) and the four previous editions of Getting Started in Options.

He has been a management consultant, a real estate investor, and a financial writer for the past twenty-five years.



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Editorials

Sample 3 of 7

Getting Started in Options, Fifth Edition
Michael C. Thomsett, Michael C. Thomsett
 Book Info
Guide to options markets describing how they work, where they can fit into your personal financial picture, and how you can recap healthy returns from them. Includes new examples, updated charts, and additions... read full editorial
 The publisher, John Wiley & Sons
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,... read full editorial
 Back Cover Copy
Getting Started in Options Time values? Puts and calls? Striking prices? If options seem like foreign territory to you, you‘re not alone. Options have only been traded since the 1970s, so even seasoned investors... read full editorial




Customer Reviews

Sample 3 of 27

Getting Started in Options, Fifth Edition
Michael C. Thomsett, Michael C. Thomsett
 Very good for novices
(Hong Kong (hkstock88tt@yahoo.com) March 30, 2003 - 5.0/5 stars
The book uses simple and easy way to explain the concepts of long/short stock options. Giving a lot of simple examples to let you understand the profit/loss on a simple long/short call/put, time values, intrinsic values,... read full review
 Easy to understand but next time go easy on the examples
(ILLINOIS) February 24, 2000 - 4.0/5 stars
I chose this book out of many choices I had to choose from. It first lays out the very basics and then gives different examples of how the many techniques work. The only problem I had with it is some chapters had... read full review
 Would you desire to crash your car?
(HARRISON, NY United States) November 25, 2003 - 2.0/5 stars
I stopped reading this book when I read: "When you buy a put, your desire is that the underlying stock's value will fall below the striking price; the more it falls, the higher your profit."I was afraid the author... read full review




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