One of the best selling options books ever. This newly updated classic will show you how to play the options game where profits of 100% or more are not unusual and where you can earn profits of 100% to 300% on any one trading day.
The Complete Option Player
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Book Description
Editorial Reviews
About the Author
Kenneth R. Trester is recognized as a leading international options advisor. He is a popular speaker at financial conventions and options trading seminars, and has even given seminars in Russia.
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Most Helpful Customer Reviews
138 of 140 people found the following review helpful:
4.0 out of 5 stars
Book is not bad, but do not buy his newsletter.,
By A Customer
This review is from: The Complete Option Player (Paperback)
Kenneth R. Trester explains trading methods and things to avoid in options. He describes ways you can be cheated, and he gives advice in how to manage options investments. Whatever you do, do not yield to the temptation to subscribe to his newsletter, "The Trester Complete Option Report." In his book, he correctly shows that successful options trading requires a lot of research, and he comes across as the expert. He says, "Of course in The Option Report we do all this work for you. We're searching for home run candidates for you all the time." Do not believe it. You expect your results to resemble the track record published in the newsletter. They do not. His track record looks impressive because he uses option purchase prices much lower than what you can buy them for. I went exactly by his advice for several months, and lost money on every trade. A better book on options is "Getting Started in Options" by Michael C. Thomsett. This book provides good definitions for all the terminology and has many, many examples and why each is good or bad.
53 of 54 people found the following review helpful:
2.0 out of 5 stars
Hope you're not the visual type,
By EspressoE "Eric" (Colorado, United States) - See all my reviews
This review is from: The Complete Option Player (Paperback)
If you are brand new to options and you are not the visual type (there isn't a single graph in this book) and you like cute little cartoons, then this book is for you. Most of this book focuses on various naked strategies which work great in certain markets, but can be instant death in others. Also, there is very limited information on resources to use in your research. From a literary point, the flow of the book is quite good, so I could see someone reading it from cover-to-cover. If you are a self-help person, you'll love this book, but you will still have the same issue that after you finish it, you may feel better, but you aren't any smarter. Go do some searches on the web for info. Optionetics.com, optionvue.com, and 21stCenturyOptionsEducation.com are all good places to start. _The Stock Market Course_ by Fontanills and Gentile (Optionetics) is great and for general trading info and an attitude adjustment, check out _Trading for a Living_ by Elder. Happy Trading!
58 of 62 people found the following review helpful:
1.0 out of 5 stars
Misses the mark,
By Daniel Grant (Los Angeles,CA) - See all my reviews
This review is from: The Complete Option Player (Paperback)
This was very disappointing. I bought this and his newsletter which lost lots of money. I wish I had stuck with other option experts than try this unknown Mr. Trester. Lives up at Tahoe financing a life style from selling his opinion.The book is just a retelling of the simple option strategies that other authors have adequately covered. No vision and no new angle. I have bought other books that were easy to understand and got to the point. I used the Amazon Top 10 option bestsellers to find the best books and have only been disappointed by this one. At least I can return it to Amazon for a credit and buy the right book next time. Retire Mr. Trester. It is time.
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