Customer Reviews

The Short Book on Options: A Conservative Strategy for the Buy and Hold Investor

5 star:		(9)
4 star:		(2)
3 star:		(1)
2 star:		(1)
1 star:		(0)

 

 

I found this book to be just what I was looking for. After a complete introduction to the topic, Mr. Wolfinger helps the novice options investor clearly understand one conservative strategy. The author is very dedicated and thorough in explaining the concepts. He makes no assumptions that the reader has previous knowledge of what he teaches, yet he is never condescending. I also appreciate the easy to read font size. The text is large enough that I can read it without my glasses! Many thanks to the author for having the patience and know-how to start a beginner from "square one". I look forward to other books on the subject by this author.

I wasn't sure what to expect from this book but it was recommended to me by a friend so I ordered it. When I got it, my first thought was
"Wow. Short book is right." But don't let its length fool you. It is for people new to options and it's a very condensed volume of information that focuses on covered calls and touches on a few variations of them. It starts out with an overview of options and gives good easy to understand examples. It then moves into buying and selling options and finally focuses on covered call writing. It gives very good examples of various trades and the affects of yields and volatility.

You can use this book to get started on covered call writing with good confidence. I really liked this book a lot because it was very focused on teaching one very effective and conservative options strategy instead of trying to teach several confusing strategies all at once.

This book delivers, I did not know about options prior reading, the simple and yet comprehensive presentation allows to develop a good grasp of how to use options on a conservative and solid fashion.
What he advocates (protection and enhancement) of a portfolio is well presented and plan to use his advice.
More likely will now seek more information and knowledge with more elaborated books (not sure is really needed) but the basics are here.
thank you Wolfinger

Enjoyed this book! It delivers as promised. I picked it up hoping to get a clear understanding of options and how they work. I was more than pleased, as this book provided all I was looking for, and more. The author presents material in pleasant, easy to grasp language. I now have a very clear understanding of options. The covered call writing strategy sounds good to me. I never knew it was so easy to obtain some safety for my stocks. I have already opened my options account and my broker is offering encouragement.

For years, I have been (as Mark Wolfinger names in his book) a "Buy and Hold" investor. I am very conservative and have not used options since I have always heard they are risky investments. Mark Wolfinger's book has changed my mind. I still haven't done my first covered write using the stocks in my portfolio but I am anxious to start. I have really worked through the examples and numbers that Mr. Wolfinger presented in his book and I am confident that I will increase the rate of return in my portfolio using his conservative option trading strategy.

This book not only explained the concept of options in a simple to learn manner, but it also demonstrated how to use one simple options strategy. I am much more comfortable with my investments now that I have added safety to my holdings. I recommend this book to anyone who is worried about the safety of his current investments.

Excellent help in understanding the function of options and how to profit by selling covered calls for moderate gains at low risk. Does not help much with the use of puts. Still, I highly recommend it. It is an inexpensive book.

Since reading this book, I have learned how to use options, opened an options account, and made several successful transactions. The author's style is easy to understand and the recommended strategy has been working for me. PS...I have set aside a small amount of my own money to work with...I haven't told my husband about my newly acquired skills. Hopefully one day in the future I will be able to give him a $$ surprise!
GIRLFRIENDS...GET THIS BOOK!

If you are an owner of stocks and buy and hold, you realize that the market changes and your stocks gain and lose value on a whim. This book will show you a way to make extra money and possibly cut your losses by writing covered calls. It's a good basic book to get you started.

The book is unquestionably the best book on writing covered calls available. The writer is efficient without bias and without the use of puffery to make a point.