Options DeMYSTiFieD

by Thomas McCafferty

In good times and bad, you need to know your OPTIONS

Market volatility is at a record high, which has investors running scared. You don’t have to be one of them. Whether your goal is to protect your money in a downturn or profit handsomely from an upturn, trading options is the answer.

Options DeMYSTiFieD reveals why today's smartest investors rely on the versatility of the options marketplace—and how you can too! With its quick, snappy explanations and easy-to-understand examples, it provides the knowledge you need to start trading options like a pro in no time. Chapter-ending quizzes and a comprehensive final exam round out Options DeMYSTiFieD into a comprehensive self-teaching guide that allows you to learn at your own pace.

This fast and easy guide has everything you need to:

Protect your investments from market downturns—even those in your IRA or 401(k) Increase income from stocks you already own Multiply the leverage you have in the market to max out your profits Manage the risk of investing without decrease profit potential Engage in more complex trading, such as covered calls, spreads, straddles, and hedges

Simple enough for a beginner but challenging enough for an advanced trader, Options DeMYSTiFieD has what you need to build a solid foundation in options trading.

Thomas McCafferty has been in the financial services industry for 30 years, with a focus on futures and options. He has traded proprietary accounts for Securities Corporation of Iowa, and was recently COO of Marketwise Securities. He has written several books as well as numerous articles for industry journals.

Genres: Finance

288 pages, Paperback

First published January 1, 2005

Reviews

[Abbas Mouffok · Rating 1 out of 5]

Options Demystified explains the mechanics of options trading clearly, but the subject itself didn’t resonate with me. While the book succeeds in simplifying a complex topic, I found little real-world value in mastering a system that feels more speculative than productive. It’s well-written for its niche, but not aligned with the kind of investing or business principles I value.

[Katie · Rating 2 out of 5]

It does give you the information you need for the most part, but it's really hard to get through. I tried it because it was in stores, so I could get it immediately but am definitely a bigger fan of the for Dummies series

[Anthony · Rating 4 out of 5]

Good starter book. Too many typos.

[Fred Tyre · Rating 4 out of 5]

The book was good in many ways, but the author seemed to digress occasionally. There are things covered like spreads and such, but only with a very cursory glance. The book could have been better, but it was still a good introduction to options.