Rating: 
Summary: Excellent Book
Review: I recommend this book. I am just learning how to trade options and this book really helped me. It is very practical. It is also easy to understand. The only problem is that I wish they had explained how they arrived at the quiz answers better.
Rating:
Summary: I recommend this book!
Review: I recommend this book. I am just learning how to trade options and this book really helped me. It is very practical. It is also easy to understand. The only problem is that I wish they had explained how they arrived at the quiz answers better.
Rating: 
Summary: A Complete Insight Into The Options Workbook
Review: If I had to use one word to describe this book, it would be "complete." With Market Wizard Tony Saliba as the author, I had very high expectations for the book, and yet, they were met. Compared to other options' books, such as McMillian's Options as a Strategic Investment or Natenberg's Option Volatility and Pricing, this relatively thin book packs more practical options trading information page for page than the two heavyweights above.This book covers just about everything you'd like to know about options in an easy-to-understand and concise format. In this book, you'll find such basics as the definitions of short puts and calls and long puts and calls, to advanced options strategies, such as vertical spreads, butterflies, condors, ratio spreads and back spreads. There's also an informative final chapter on the evolution of the option trading industry. To help test your knowledge and understanding, and to prove that you weren't asleep, there are quizzes at the end of each chapter, along with a final examination at the end of the book. You can even have your exam results graded by Mr. Saliba's team. Mr. Saliba has a a unique perspective of having traded professional for over 20 years. Unlike other well-known options traders, there is a mystique about Tony that makes this book unique. Tony is the only option trader who can say that actually earned over $100,000 every month for over six years. When all that you read in this book is framed in that context, you know the strategies you're learning are not just theoretical. They're real McCoy strategies that are being used everyday by Tony and his team of traders. For traders that already know about options, the beginning of this book may seem somewhat obvious, as Mr. Saliba goes through a short introduction about the today's option trading environment. A rather lengthy glossary of options terminology follows, which I found somewhat awkward as glossaries are usually placed at the back of the book. I guess, though, this is a good thing for beginners. Each option strategy from a long call to long butterfly is explained in an easy-to-comprehend manner. It almost feels as if you were at a seminar. He explicitly tells you the ideal market conditions for each strategy, why it used, what it accomplishes and then walks you through an example. He also explains important points such as the breakeven stock price of each strategy and maximum profit and loss characteristics. My favorite part of the book was the section on the "Greeks," or option analytics. If you pick up any other options book and read through the section on the "Greeks," you'll most likely find complicated mathematical equations and hard-to-understand academic jargon. You won't find that in this book, as Mr. Saliba explains the "Greeks" from a real trader's point of view. He will clearly tell you how these factors affect the option's price and how it will affect your position. If you read the book and do the quizzes, you can't help but to learn more about options. For the beginner in options, this book is more than a workbook; it's really a manual. For the intermediate or seasoned option trader, it provides a great review of fundamental concepts and strategies. I believe that no other options books can convey the subtleties of real options trading for this reason. You may learn the mechanics elsewhere, but it's the practical application that I believe truly makes this book stand out of the crowd.
Rating:
Summary: Excellent Book
Review: Most of the books I have read on options trading are pretty worthless. They all claim to be able to show you how to trade and make big $$ fast. This book actually did help me learn, and spared me the "get rich quick" pitch. Tony Saliba stresses that there is no room for the cowboy in options, and that if you are going to make money you need to spread off your risk. This book discusses strategies to do this. I found it very valuable.
Rating:
Summary: The Perfect Place To Start
Review: This book is just what I needed. I've been interested in options trading for a long time, but never found anything that could make sense out of how it works. This book did it for me. This guy, Tony Saliba, obviously knows his stuff - he didn't get profiled in "Market Wizards" for nothing. He earned his stripes through hard work and a proven plan that will work for anyone willing to learn and apply his fundamentals. If you're interested in learning more about trading options, this is the place to start. Get the right info. from someone who has 'been there, done that' and take advantage of what he's learned along the way.
Rating:
Summary: Great Options Book
Review: This book really focuses on the facts. Being a trader, I read it with the intention of using the strategies in my daily job, and they really work! I recommend this book to any options trader.
Rating:
Summary: Great Options Book
Review: This book really focuses on the facts. Being a trader, I read it with the intention of using the strategies in my daily job, and they really work! I recommend this book to any options trader.
Rating: 
Summary: Invest in the market not this book
Review: This is one of the worst options books ever written....my grandmother knows more about options than Mr. Saliba
Rating:
Summary: best yet
Review: This is the most practical and clearly written option trading book on the market. Buy it!
Rating:
Summary: Outstanding Value
Review: This was the 3rd book I've read on Options. It really helped solidify and ingrain the concepts/strategies into my brain. Thank you to the authors.
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