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Rating: Summary: I'm not fond of options....but this is a great book! Review: Mr.Caplan has put a great spin on option investing. If 90% of options expire worthless why buy them, just sell them. This is where this book shines. I have been involved with futures for 11 years. I have been a broker an investor ...In each instance I have avoided options on futures. With Mr.Caplan's assessment on how volatitlity plays a key role to determining what options to sell and what price to sell them at. I was impressed at how he was able to take a complicated subject and make it easy to read. His inclusion of articles from various other option traders was great as well.
Rating: Summary: If you write options ONLY! Review: This book was promoted heavily on different sites on the net, and I happened to be one of those who bought it!!!! To cut the story short, this book is not for amatuers! And not for ordinary regular option buyers (like me)! This book covers only: 1. Futures trades (mainly). 2. Option writing and spreads. But if you are not both of the above... forget this book!!! At the beginning of this book, you'll see how deeply the author discusses futures not stocks! And when you get to page number 47, you understand that this book is useless if you (like me) only buy options. I am not saying this book is good or now, how am I to know?!! I can't even test his methodology... but in my situation this book is of no use!
Rating: Summary: Worth a Read Review: Though dated and focused on Futures, I found this book to be very helpful. The last 3rd of this book is a collection of articles written by other authors on the subject. Very useful! Why not 5 stars? It is focused on Futures instead of Options in general. This is only mildly annoying as most of the information is relevant to Options. Again, very helpful book.
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