Amazon.com: Sure-Thing Options Trading: A Money-Making Guide to the New Listed Stock and Commodity Options Markets (Plume) (9780452261105): George Angell: Books

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Sure-Thing Options Trading: A Money-Making Guide to the New Listed Stock and Commodity Options Markets (Plume) [Mass Market Paperback]

George Angell (Author)
4.0 out of 5 stars  See all reviews (7 customer reviews)


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Product Details

  • Mass Market Paperback: 288 pages
  • Publisher: Plume (January 1, 1995)
  • Language: English
  • ISBN-10: 0452261104
  • ISBN-13: 978-0452261105
  • Product Dimensions: 8 x 5.4 x 0.8 inches
  • Shipping Weight: 8.6 ounces
  • Average Customer Review: 4.0 out of 5 stars  See all reviews (7 customer reviews)
  • Amazon Best Sellers Rank: #1,599,496 in Books (See Top 100 in Books)

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Customer Reviews

7 Reviews
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Average Customer Review
4.0 out of 5 stars (7 customer reviews)
 
 
 
 
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29 of 29 people found the following review helpful:
5.0 out of 5 stars Best of the multiple options books I have read., July 9, 1999
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This review is from: Sure-Thing Options Trading: A Money-Making Guide to the New Listed Stock and Commodity Options Markets (Plume) (Mass Market Paperback)
Of the ten + options books that I have read, this was my first, and it is the best. I still refer to it often. Most of the other books are either too technical or too simplistic. This engages the reader with practical examples and descriptions of the types of trades that the novice to intermediate investor will use most. I heartily recommend it.
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33 of 34 people found the following review helpful:
4.0 out of 5 stars Good for Neophyte, February 13, 1999
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This review is from: Sure-Thing Options Trading: A Money-Making Guide to the New Listed Stock and Commodity Options Markets (Plume) (Mass Market Paperback)
This is the first book on option trading I have ever bought or read.

It is a handful. It is a comprehensive basic guide to the concepts and definitions of option trading, which is almost completely intelligible (with study) to a bright person who is new to the subject. It assumes a very high level of general comprehension, although no prior knowledge of options. (If someone was giving this book as a lecture there is no way 75 out of 100 people could keep up in my opinion, especially with the examples, but as a book you can read it and re-read it and work out the examples on paper...and everything is explained and eventually comprehensible.)

It is written an eye towards how to make money in practical terms. For instance, the author advises ways to cut commission costs, advice to the novice on expectations on incurring some initial losses, and practical advice on cutting losses.

It is 249 page paperback (excluding indexes) with small print, so it is clearly worth the $12 purchase price.

It has an explanation of various option trading and techniques.

It was written in 1983, so to some extent maybe it is dated, but the concepts and materials are timeless, I think.

If you are new to the study of options as I am I think this book could keep you busy for at least 2 weeks, reading it, re-reading it, and working out the examples until you truly understand them.

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10 of 10 people found the following review helpful:
4.0 out of 5 stars Top of the Class, May 14, 2001
By 
Joseph Walsh (Phila., PA United States) - See all my reviews
(REAL NAME)   
This review is from: Sure-Thing Options Trading: A Money-Making Guide to the New Listed Stock and Commodity Options Markets (Plume) (Mass Market Paperback)
This book is intended (more or less) for a person beginning in options. Its no "walk in the woods" but considering the abstruseness of both the subject and the other books on the topic I have scanned, it's near the top of the class. I think, it may also be somewhat more understandable than the Option Industry Council's - Option's Toolbox CD. This whole area has been poorly explained to the beginner for the most part, which is why options are not much more widely used despite their potential for leverage and risk reduction.
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Inside This Book (learn more)
First Sentence:
In listed stock options trading, puts and calls are contracts which you purchase and sell. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
bull vertical spread, declining time value, naked writer, profitability zone, straddle writer, straddle buyer, combination seller, combination buyer, listed options trading, naked call writer, reverse hedge, unlisted options, covered writer, stock index futures contract, combination writer, short stock position, striking price, naked writing, premature assignment, underlying stock moves, listed stock options, writing income, upper strike, bull spread, initial debit
Key Phrases - Capitalized Phrases (CAPs): (learn more)
New York, Value Line, Super Home, Wall Street, Trader's Index, Dow Chemical, General Dynamics, September Standard, Chicago Board of Trade, Dow Jones, T-bond March, Chicago Board Options Exchange, Exxon January, Disney July, General Foods, T-bond Futures, American Home Products July, Asarco Inc, Commodity Futures Trading Commission, Exxon April, Hutton July, Las Vegas, Lockheed June, Polaroid October, Syntex March
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