The Options Playbook (Spiral-bound)

by Brian Overby and TradeKing (Author)
Key Phrases: strike price, probability calculator, volatility charts, Loss Calculator, Use the Profit, Play Fourteen (more...)

Editorial Reviews

Product Description
The Options Playbook was created to demystify option trading and teach investors different option plays for all market conditions. No confusing jargon. No unnecessary mumbo-jumbo. Just clear, easy-to-understand explanations of more than 30 of the most popular option strategies (or plays ) broken down into a play-by-play format including:

Play Name: Long Call, Short Call Spread, Iron Condor, etc.
The Setup: The goals and reasons to run each play
Who Should Run It: Rookies, Veterans or All-Stars, based on degree of difficulty
When To Run It: Describes each play as bullish, bearish or neutral
The Strategy: A detailed Overview of each strategy

The Options Playbook also features a "Rookie's Corner," which addresses common mistakes made by beginning options traders and suggests strategies to on how to "get your feet wet". There are also sections on implied volatility (explaining how it can be predictive of the future price movement of the underlying equity), basic option terms described in easy-to-understand language, a description of how time decay and a change in implied volatility will affect the trade after it s in place, and a basic description of the Greeks and how they measure certain variables that affect options pricing. You ll also find a variety of options trading tips for beginning and experienced traders throughout the guide.

Options involve risk and are not suitable for all investors. It is possible to lose more money than invested. (Although we like to think you'll be smart.) Before making any investment decisions, please read Characteristics and Risks of Standardized Options, available at: http://content.tradeking.com/wiki/display/tkservice/Characteristics+and+Risks
(c) TradeKing. All rights reserved. Member FINRA and SIPC.
TradeKing - 5455 N. Federal Hwy, Suite E, Boca Raton, FL 33487

About the Author
Brian Overby is TradeKings Director of Education. He has been in the financial industry since 1992, with a background in market making, retail brokerage, and investment banking. During his career, Mr. Overby has given more than 1,000 seminars worldwide on option trading and composed numerous articles for investor trade publications.

TradeKing is the #1 Online Discount Broker, as ranked by SmartMoney Magazine in 2006 and 2007, based on commission/fees, customer service, mutual funds, trading tools, research, and banking amenities.(1) (1)Rated "Best Discount Broker" by SmartMoney Magazine August 1, 2006 and August 1, 2007

Product Details

• Spiral-bound: 101 pages
• Publisher: TradeKing; 1st edition (July 10, 2007)
• Language: English
• ISBN-10: 0979773601
• ISBN-13: 978-0979773600
• Product Dimensions: 10.9 x 8.3 x 0.8 inches
• Shipping Weight: 1.6 pounds (View shipping rates and policies)
• Average Customer Review: 4.4 out of 5 stars See all reviews (21 customer reviews)
• Amazon.com Sales Rank: #17,429 in Books (See Bestsellers in Books)

  Popular in these categories: (What's this?)

  #29 in	Books > Business & Investing > Investing > Options
  #82 in	Books > Business & Investing > Investing > Stocks

Customer Reviews

Most Helpful Customer Reviews

27 of 27 people found the following review helpful:

5.0 out of 5 stars The New Bible For Option Trading, November 21, 2007

By	Kirk Rains "Opie" (Renton, WA) - See all my reviews (REAL NAME)

The book lives up to its name. It gives you an easy-to-read breakdown of 30 different option trading strategies, as well as more covering the key factors involved with trading. A gold mine for beginners; a great reference for veterans. Another worth having in your personal library.

36 of 39 people found the following review helpful:

5.0 out of 5 stars Makes Options very Understandable, September 11, 2007

By	Kathryn Collignon ""The Amateur Professio... (Astatula, FL) - See all my reviews (REAL NAME)

This book is outstanding! I have taken options classes and read a few books on the subject, if I had this book in the first place, I would have saved my self lots of time and some money. It is VERY user friendly, and a little entertaining. Buy a copy for yourself, and one to lend out!
Kathryn, Astatula FL

13 of 13 people found the following review helpful:

5.0 out of 5 stars The cure for investment anxiety, July 9, 2008

By	Roy Kirkland "Roy" - See all my reviews (REAL NAME)

I purchased this book as a possible resource for a client who wanted to learn about the options market, and, after reading it, I began to recommend it to everyone I know who's into or has investments. This book explains, in 'plain' language, how to use options to protect the value of the stock you own, and make money with anxiety-free options trading. The presentation of the material is clear and straightforward, as it should be, because it is designed to be a working manual for the TradeKing service. It was a stroke of genius to call this a playbook, because work it is not. The convenient format makes it possible to lay it out flat - the book is very well designed.

This book may be too simple for those, who like me, are skilled at predictive methods and the math behind the markets, but, for new investors and those who want to make more out of their current investments, it has plenty to offer. This playbook is a much better investment than one of the courses sold on TV or the internet that cost more than 10 times as much, and is one of the best first steps on the path of options trading that I've ever seen.