Rating: 
Summary: Forbes 1-16-00 Ranks Bernie a Loser for trading
Review: In this weeks issue of Forbes Bernie and by default his theory is ranked 60 out of 65 for his trading and newsletter Option Advisor. Over the course of ten years ranked as a high risk trader you would have lost 10% of your money following Bernie's ideas. In fact he got the lowest grade of D. The book follows the same vein. Nothing new and simple trying to make more money from people that believe he knows something. Give the book, Bernie and his company a miss. Forbes says so. My experience is the same. Beware his telemarkers too.
Rating: 
Summary: Great Technical Analysis
Review: Only 50% of the book is about options. The other 50% concentrates on how to use technical analysis to find winning stocks. It is probably the best book for the beginner and intermediate trader. With the Technical analysis, it can be used for both stocks and options. It belongs on every trader's shelf. The reason it didn't get a "5 Star" is that he really doesn't go into closing a position if the trade is going the wrong way. I pretty much had to learn that on my own. I have read it cover-to-cover 3 times and certain chapters at least 6 times.
Rating:
Summary: Good in theory, lose money following his newsletter.
Review: The book is worthy to read, but if you buy his newletter and follow his recommandations, you will surely lose money quickly. That is my experience.
Rating: 
Summary: Overall a decent book.
Review: The option Advisor is a decent book on options. It gives a good market view on options trading. However the Authors' monthly newsletter The Option Advisor, has a very bad track record. The Author offers a 3 month free trial to his newletter in the back of the book - be careful puting your money into these trades. One should track the recommendations over time, to see how they do before putting money into these trades.
Rating:
Summary: This book is helpful
Review: This book is a good introduction to simple option strategies. It presents its content quite differently than other option strategy books: it's actually readable! Say what you will about the service (I've never tried it), but this book explains option strategies in a much more interesting and understandable light than other books in its genre. Bernie is quite a few steps above Wade.
Rating:
Summary: This book is helpful
Review: This book is a good introduction to simple option strategies. It presents its content quite differently than other option strategy books: it's actually readable! Say what you will about the service (I've never tried it), but this book explains option strategies in a much more interesting and understandable light than other books in its genre. Bernie is quite a few steps above Wade.
Rating:
Summary: Super
Review: This book is more than an option book. Actually it concentrates more on the technical analysis than options. It tells you what to look for in the charts, option volume and oprn interest, and then which option strategy to use. This is by far my favorite book on stocks and options.
Rating: 
Summary: OK, I guess
Review: This book surprised me because it was much better than I expected. It presents a very readable--the most readable I've seen--summary of the mechanics and strategies of option trading. Moreover, the book covers topics I've never seen covered before in a book on options, such as the benefits of using information from established sources on the Internet; and cites several academic studies without slipping into the stale writing style associated with academe. Still, there is reason for a reader to be skeptical of the effectiveness of the strategies discussed in the book. The reason for this is the long-term performance record of the author's newsletter, which like the book is entitled "The Option Advi$or." According to Mark Hulbert's ratings, which have been regarded in some circles as the most accurate standards for measuring the quality of investment newsletters, this newsletter's long-term record ranks near the bottom of all letters covered. Only Joseph Granville's "Market Letter," as far as I remember, has a worse ten-year record. That said, one has to wonder whether the strategies discussed in the book are going to be effective in the future. On one hand, past performance does not necessarily portend future results. On the other, however, Schaeffer's picks in the past, assuming they've been chosen according to the strategies discussed in the book, have been less than outstanding in the past. Careful readers should remember that if they want to use this book more than as a decent general reference guide.
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