The Bible of Options Strategies: The Definitive Guide for Practical Trading Strategies

This book is an outstanding resource for both bginners and novices. There are so may examples and strategies that it is clearly a true resource that will be used over and over again. This book has the unique ability of TEACHNG the beginners the risks, rewards, and "How To's" which I wish all the books I have purchased had provided. My copy is now two years old and looks like an old rag because of the references I use it for. If anyone is thinking of trading oprions, this book should be required reading. Don't spend your time looking for a better tool. This one will have 90% of the answers you will need to understand option strategies, terms, and risk reward charting.

This book has it all with the strategies outlined in a very concise manner. Not only is every strategy listed with a nice synopsis of each one, an example of a trade is listed on every one. Also, every advantage and disadvantage of each strategy along with an exit strategy should the trade start to turn south. The nice thing about it, is it is so easy to look up a strategy you might want to try without having to comb through the entire book. And each one is listed by type of investor, aggressive, income, etc. I dont read this type of book to critique it for typos as one reader mentioned. I want information on each type of trade and it is given in detail. I have read many other options books, and this one seems to be the best.

A no-nonsense, no-introductory-material reference library of option strategies. Cross-referenced by goal, risk tolerance, strategy type, name, and more. Herein one easily can find each strategy described with its theoretical outcomes, its benefits, and its drawbacks. Order entry and exit procedures and Greeks also accompany each strategy. For an introduction to options investing, see the author's prior book.

What I really liked about this book is that it's almost interactive. You can literally dip in to any strategy and find out what it's all about in seconds. There are 7 different tables of contents so you can find any strategy by chapter, by your level of experience, by market direction, by volatility, by risk/reward payoff, and by type (income or capital gain). This makes the book incredibly easy to navigate whether you're a beginner or reasonably experienced, particularly as around 60 strategies are covered. Every strategy is constructed in modular format which means once you've done one you'll be able to navigate any of the others with easy familiarity. The graphics are phenomenal - I've never seen the Greeks explained so elegantly and succinctly - and I find myself using this as a reference book over and over again. This definitely is a reference book - though some may like to read it cover-to-cover, for me the main value has been in dipping in in out.

This is an ideal reference book for just about every options strategy I could ever think of. Compared with other options texts I have read, this definitely comes under the heading of "Reference Books". I can imagine that this must have been a very ambitious project as every effort has been made to make the book user-friendly and as interactive as a book could possibly be. By this I specifically mean the layout, the liberal use of diagrams (especially good for explaining the Greeks) and even the use of the simple (and sometimes humorous) icons (the stages of evolution are used for each strategy's level of appropriateness for your level of trading experience - the monkey icon for beginners I found amusing!). At the end there is a chapter on taxation for options traders, which gives a useful introduction to that particular minefield - at least I understand now why my accountant charges me so much for my annual trading audit! All in all a great book that gets to the point and gave me exactly what I wanted, and therefore highly recommended.