Customer Reviews

Option Spreads Made Easy Course Book with DVD (Trade Secrets Course Books)

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Wow! This book is just like a high volatility option; full of hot air!
The title says "Options Spreads Made Easy" well, they were not kidding, this is more like "Spreads for the Brain Dead" Here is why; First, if I buy a book about a specific subject, I expect it to be well, somewhat specific maybe? I wanted at least some pointers on how to think spreads, tips on entering and exiting positions, how to fix a spread gone wrong, how to best pick the strike spread, or how much in or out of the money.

Well if your expectations are like mine, look somewhere else. I will show you where to find the "Juicy" content in this book:

Pages 1 - 52: Very general options theory. This is all over the web.
Pages 53 - 65: Ridiculously simple. You read about Bull Call, Bear Call, Bull Put, Bear Put, Ratios, Short/Long Straddles, Short/Long Strangles, Calendars. All of them in twelve pages!!!! It gets worse...
Pages 85 - 107: Chapter titled "Spreads For Different Markets" This is where the really deep stuff is. Get this, thirty (as in 30) spread and non-spread strategies are covered in 22 pages. Are you kidding me? That's a whopping 0.73 strategies per page.
Appendix B: The Black-Scholes Formula which, since we use it every day, I must tattoo on the palm of my hand.
Pages 141 - 165+ Glossary, Index and adds too.

The DVD has some sample of risk/reward charts and general talk, nothing juicy here. Again all this is already out there for free.

Avoid!! Its way cheaper to buy news papers if you need to burn something.