Anyone mystified by stock options or who simply dismisses them as too speculative will find Getting Started in Options an excellent first read on the subject. Beginning with the premise that it's not the complexity of the investment but that of its language that makes options difficult for new investors to understand, author Michael C. Thomsett has created a guided tour through the lexicon. The result is a nontechnical introduction to these specialized markets.

The book carefully and completely defines the terminology, explains options investing step by step, and presents strategies so that it is easy to understand at each level of risk involved. Choosing the right stock, buying and selling options, and combining techniques are all covered in increasing complexity, but this is a book for beginners, and those with basic knowledge of the subject will want to seek out more advanced reading.

The biggest drawback of this book is that, for some reason, the text is printed in green ink, making it somewhat more difficult to read and probably impossible for those who are green-colorblind. Publisher, take note! --Scott Harrison


From AudioFile
Thomsett provides a technical lesson on a risky but interesting investment vehicle. Buying a stock option gives you the right to buy or sell an equity at a particular price on a future date. Options can be traded prior to that date, and their perceived value is based on where the stock price looks like it's headed. The amount of detail in this program is mind-boggling, though it's laid out in an orderly way. The intensity of this subject matter means that only the serious student will be able to stay involved. Nelson Runger paces the material exceptionally well and communicates a perfect balance of dispassion and enthusiasm. A deftly abridged and valuable audio lesson. T.W. © AudioFile 2004, Portland, Maine-- Copyright © AudioFile, Portland, Maine


Book Description
A completely revised and updated edition of the popular guide to understanding and utilizing options
In nontechnical, easy-to-follow terms, Getting Started in Options, Fifth Edition thoroughly demystifies the options markets, distinguishes the imagined risks from the real ones, and arms investors with the facts they need to make informed decisions. This bestselling guide to understanding options includes such new material as references to online sites relevant to options investors; information on how to pick brokerage firms; detailed explanations of risk; bailout points; how to pick stocks for options investing; and how put options can enhance portfolio returns. This Fifth Edition also contains new examples, updated charts, and timely additions to reflect important changes in the market.
Michael C. Thomsett (Port Townsend, WA) is a financial writer with many books and hundreds of articles to his credit, including the four previous editions of Getting Started in Options. He has been a management consultant in the securities industries and is an active options trader.


Download Description
A completely revised and updated edition of the popular guide to understanding and utilizing options
In nontechnical, easy-to-follow terms, Getting Started in Options, Fifth Edition thoroughly demystifies the options markets, distinguishes the imagined risks from the real ones, and arms investors with the facts they need to make informed decisions. This bestselling guide to understanding options includes such new material as references to online sites relevant to options investors; information on how to pick brokerage firms; detailed explanations of risk; bailout points; how to pick stocks for options investing; and how put options can enhance portfolio returns. This Fifth Edition also contains new examples, updated charts, and timely additions to reflect important changes in the market.
Michael C. Thomsett (Port Townsend, WA) is a financial writer with many books and hundreds of articles to his credit, including the four previous editions of Getting Started in Options. He has been a management consultant in the securities industries and is an active options trader.


Book Info
Guide to options markets describing how they work, where they can fit into your personal financial picture, and how you can recap healthy returns from them. Includes new examples, updated charts, and additions to reflect changes in the market. Previous edition: c2001. Softcover. DLC: Stock options.


The publisher, John Wiley & Sons
Revised and updated to reflect current price levels. Using clear, nontechnical language, it explains all the terms and phrases along with strategies, concepts and methods of option investing. Includes 40 graphs and charts, sidebar information, a working glossary plus new and revised case study examples. It is the definitive guide for trading and investing in options.

FROM THE PUBLISHER

Everything you need to know to understand and profit from investing inGetting Started in Options

Puts and calls? Striking prices? Time values? If you feel unsure about investing in options, you’re not alone. Options have only been traded since the 1970s–so even the most seasoned investor may feel intimated by them. But don’t let the seeming complexity of this unique investment vehicle frighten you away from the potentially lucrative opportunities to be found in options investing. This straightforward guide thoroughly demystifies the options markets, helping you understand how they work, where they can fit into your personal financial picture, and how you can reap healthy returns from them. In nontechnical, easy-to-follow terms, Getting Started in Options, Fifth Edition arms you with the knowledge you need to make informed decisions about choosing stocks, tracking options, selling calls, and much more–including how to utilize the many new online resources.

You’ll learn how to: Master options terminology and concepts Set up a plan based on your specific investment goals Read the market and spot specific risks associated with each type of option Understand time values, striking price, and expiration–and use them effectively Hedge and speculate like a seasoned pro Use options as insurance against losses in stock investments Pick the brokerage firm that’s right for you Profit in these exciting markets and enhance your portfolio

Filled with new examples, updated charts, and timely additions to reflect important changes in this market, Getting Started in Options, Fifth Edition is a perfect primer to the world of options.