Rating: 
Summary: Awesome
Review: Absolutley outstanding. I have been trading options for some time and this book brings several new ideas to the forefront. In fact, I liked his thoughts so much I have signed up for one of his seminars.
Rating: 
Summary: Average Book
Review: I consider this a very one dimensional book. Although it is written very clearly and is easy to understand, I do not feel it is very thorough. It is a great to book to learn about delta neutral trading, but it lacks information on other important option components such as gamma, theta, vega, and theoretical pricing. Natenberg's book is a far more complete and thorough text.
Rating:
Summary: Great book for Introduction to Options
Review: This book finally delivered the subject of options into my head. I have tried for years by reading McMillan and with Schaeffers high priced newsletters (where I lost lots of Money) to understand options. McMillan was far too technical for me to understand and Schaeffer ... well he is all about selling his newsletters. Fontanills appears to have no agenda and appears genuinely interested in conveying his ideas to the public. The book introduces the basics well with just enough detail. The examples are in stocks and futures which I quickly got used to. I have no intention of trading futures but they were just examples to get the point across. Fontanills he confided his business is actually as a money manager of stocks and stock options. The book moves on to more advanced strategies including his delta neutral examples. He covers butterflies, condors, long synthetics, spreads and a total of 26 strategies. I recently noticed other people copying Fontanills work but ... then imitators will always copy the master I suppose. I also bought the Options Workbook to accompany this book as it helped me test my knowledge. The downside of the books is that I was left wanting more and more from this guy, and when I put down the book I started it again. Oh, the appendix were useful and well set out. In summary, this book delivers. It is easy to understand, written at my level not above my head. It is not all theory but offers a practical application that I have actually started to apply. Thank you Mr. Fontanills for taking the time to teach us small investors the secrets of your trade. Michelle
Rating:
Summary: Complex Option Theory Made Understandable
Review: As a novice investor, I am very new to the options game and although they are supposed to help manage risk... this has not been my experience, until now. I finally get it. I finally understand that an option gives me the right to buy or sell at a fixed price. George has the amazing gift to be the everyman... not just some financial wizard with the golden touch and a thousand analysts at his beck and call. Options are intimidating. But George's book helped me to get past the initial fear of buying and selling them and actually make money... even when the market went against me. I appreciated the first few chapters on the stock market because I am a beginner and the more I read, the more the basics become ingrained in my ability to understand market dynamics. Option basics was extremely clear. No guesswork. I especially enjoyed some of the bond trades because once again that is an area that is hard to tackle for a novice. But you have to start somewhere. This book has given me a solid understanding of what it takes to tackle options trading and I believe it gives me a foundation to be successful. I still have a lot to learn, but I least I have the right framework to learn by. I highly recommend this book--it's well worth the investment.
Rating: 
Summary: Don't waste your money on this book.
Review: The author tries to cover too much material and doesn't know to what level audience he should be writing so he tries to write to everyone...and is unsuccessful. The first 5 chapters are extremely basic and describe the different types of markets (e.g., index, futures, stock, and how to spot profitable trading opportunities (in one chapter?)). If someone wants to know how to trade options they should already know this basic information which is actually free information in various sites on the internet. Finally in chapter 6 he starts "Options basics" - this is good. Chapter 7 is "Delta Neutral trading" -- Good explanation of the concept but not enough info for you to start doing it. Chapter 8 - good explanation of the Greeks - "Delta, Gamma, theta and beta" - a good basic explanation. Finally in chapter 9 we start getting into some good stuff for people that have experience trading in the market...those just starting to trade in the market may start to lose it here. Pages 95 to 205 are the only reason I would read this book and then because I want to trade stock options I get frustrated because 90% of his examples are with commodity futures, bond futures, currency futures -- in explaining covered writes he give examples of IBM and Dell Computer. If I am just starting out wanting to learn how to trade stock options then examples should be given on these types of options. Otherwise it is confusing and it is hard for the reader to translate examples from futures options to stock options. I would like to see the author rewrite this book and decide who his audience is...if for experienced traders who are starting out in options trading then expand on 95 to 205 and decide if you want to focus on stock options or other types of options or give examples using several types of options...I only care about stock options. Don't let the title of this book fool you into thinking that you can trade options after reading this book...there is not enough info there for you to trade options successfully...the author is probably hoping that you sign up for one of his workshops.
Rating:
Summary: All I needed to know to start trading - options
Review: I am an avid reader and liked the no nonsense approach of this book. I bought the accompanying book with it which I found useful. Fontanills sets out in an easy to understand format. Goes into the right amount of detail. This is the first book that I read on options that I could understand. Good job!
Rating:
Summary: Great book
Review: Refreshing when a real trader can also write. Great book that I have used to make money with!! Not all theory or hype for a publication this is the first down to earth how to trade options book by an expert. He is even humble in talking about his failures instead of all wins. Bravo Mr. Fontanills
Rating:
Summary: Great introduction
Review: Easy to understand. Comprehensive overview and a step by step analysis to option trading. I loved this book. Finally, a real trader that can communicate how one should trade options.
Rating:
Summary: It's a catchy title, huh?
Review: The book gives a basic overview or perhaps a basic introduction to option hedging strategies. But there is really nothing new here; others have discussed these strategies before. You would also have to be an exceptional person to make "high profits with low stress" by just reading this book alone.
Rating: 
Summary: Pay attention to negative reviews.
Review: Chapter 15 16 and 17 are the only chapters that prompted me to give this book an extra star. After getting screwed once or twice, you learn how to pick out the the shill's 5 star ratings (look at the reviews of Mark Douglas's books for a classic example). This book is nothing more than a basic review of various options stratagies and when they are applicable. I have been able to find almost all the information in the book free on internet sites. Fontanillis gives little insight on how to use any of these strategies profitably. Just like anything else in life. If a review sounds too good to be true, it probably is. Look to McMillan or Shaeffer to give you more of a "how to" on options. Fontanillis did.
| 
