The Options Playbook and over one million other books are available for Amazon Kindle. Learn more
Buy New
$25.32
Qty:1
  • List Price: $35.00
  • Save: $9.68 (28%)
FREE Shipping on orders over $35.
In Stock.
Ships from and sold by Amazon.com.
Gift-wrap available.
Add to Cart
Want it Monday, April 21? Order within and choose Two-Day Shipping at checkout. Details
Trade in your item
Get a $11.36
Gift Card.
Have one to sell?
Flip to back Flip to front
Listen Playing... Paused   You're listening to a sample of the Audible audio edition.
Learn more
See all 2 images

The Options Playbook, Expanded 2nd Edition: Featuring 40 strategies for bulls, bears, rookies, all-stars and everyone in between. Hardcover


See all 2 formats and editions Hide other formats and editions
Amazon Price New from Used from Collectible from
Kindle
"Please retry"
Hardcover
"Please retry"
$25.32
$25.32 $121.23

Frequently Bought Together

The Options Playbook, Expanded 2nd Edition: Featuring 40 strategies for bulls, bears, rookies, all-stars and everyone in between. + Option Volatility & Pricing: Advanced Trading Strategies and Techniques
Price for both: $60.03

Buy the selected items together

If you buy a new print edition of this book (or purchased one in the past), you can buy the Kindle edition for only $1.99 (Save 92%). Print edition purchase must be sold by Amazon. Learn more.


Big Spring Books
Editors' Picks in Spring Releases
Ready for some fresh reads? Browse our picks for Big Spring Books to please all kinds of readers.

Product Details

  • Hardcover: 158 pages
  • Publisher: TradeKing; 2nd edition (September 11, 2009)
  • Language: English
  • ISBN-10: 0615308147
  • ISBN-13: 978-0615308142
  • Product Dimensions: 11 x 8.1 x 1 inches
  • Shipping Weight: 2.1 pounds (View shipping rates and policies)
  • Average Customer Review: 4.4 out of 5 stars  See all reviews (26 customer reviews)
  • Amazon Best Sellers Rank: #9,514 in Books (See Top 100 in Books)

Editorial Reviews

Review

Awards:
Winner, Best in Show: Corporate Image Category
2008 Financial Communications Society Portfolio Awards

Finalist, 2008 Insight Award for Customer Advocacy in Financial Services

Bronze Winner: Investing Category
2008 Axiom Business Book Awards

"An easy-to-follow guide on options that's worth checking out if you want to be 100% clear you know what you're risking and stand to gain by playing options."
--- Matt Krantz, USA Today, Better Know Your Option Options, November 16, 2007

"The Options Playbook is a valuable reference for Option Traders of all levels. Not only does it explain complex subjects like Implied Volatility and 'The Greeks' in a manner that is easy to understand, it does so with humor and an appealing wit. It's the kind of resource you will reach for every time you make an option trade."
--- James B. Bittman, Senior Instructor, The Options Institute at CBOE
Author of Options for the Stock Investor and Trading Options as a Professional

About the Author

Brian Overby is TradeKing'’s Senior Options Analyst. A veteran of the financial industry since 1992, Brian has served as an option trading specialist for Charles Schwab, a senior staff instructor for the Chicago Board Options Exchange (CBOE), and managed the training department for one of the world's largest market makers, Knight Trading Group. Brian has given over 1,000 seminars worldwide, written numerous articles on option trading and been interviewed by Bloomberg, CNBC, The Wall Street Journal, FOX Business and other financial media.

TradeKing was awarded the maximum five stars in customer service by SmartMoney Magazine in 2008 and 2009, based on mutual funds & investment products, banking services, trading tools, and research. SmartMoney is a registered trademark of SmartMoney, a joint publishing venture between Dow Jones & Company, Inc. and HearstSM Partnership.

More About the Author

Brian Overby is TradeKing's Senior Options Analyst. A veteran of the financial industry since 1992, Brian has served as an option trading specialist for Charles Schwab, a senior staff instructor for the Chicago Board Options Exchange (CBOE), and managed the training department for one of the world's largest market makers, Knight Trading Group. Brian has given over 1,000 seminars worldwide, written numerous articles on option trading and been interviewed by Bloomberg, CNBC, The Wall Street Journal, FOX Business News and other financial media.

TradeKing was awarded the maximum five stars in customer service by SmartMoney Magazine in 2008 and 2009, based on Mutual Funds & Investment Products, Banking Services, Trading Tools, Research, and Customer Service. SmartMoney is a registered trademark of SmartMoney, a joint publishing venture between Dow Jones & Company, Inc. and HearstSM Partnership.

Options involve risk and are not suitable for all investors. Please read Characteristics and Risks of Standardized Options: http://www.tradeking.com/ODD.

The above content is provided for educational and informational purposes only. TradeKing provides self-directed investors with discount brokerage services, and does not make recommendations or offer investment advice. You alone are responsible for evaluating the merits and risks associated with the use of our systems, services or products. (C)2007-2009 TradeKing.

Customer Reviews

4.4 out of 5 stars
5 star
14
4 star
10
3 star
1
2 star
0
1 star
1
See all 26 customer reviews
The book lays out the term in a very clear and concise manner.
Ro
I highly recommend this book for anyone with an interest in options, as this book is a delightful read for those venturing into the world of option trading!
Sarah W. McCosham
The book lays out everything you need to know about trading options .
JW Krimbill

Most Helpful Customer Reviews

31 of 32 people found the following review helpful By Steve Burns TOP 1000 REVIEWERVINE VOICE on March 3, 2011
Format: Hardcover Verified Purchase
In my opinion this book is excellent for new traders but I do not see a lot in it for more more experienced traders familiar with more complex strategies. The author is the senior analyst for Trade King so at times drifts into some plugs for the broker. However the writer has written a basic informative book with little dashes of humor and personality.
What you get with this book is a over sized glossy book bound like a very large spiral note book. I personally find the size of this book cumbersome. The book contains 40 basic option strategies for different market environments. You have plays for betting with the bulls, bears, or on range bound markets. There are strategies for profiting from capital gains on stocks, stocks going down, or delta neutral strategies for profiting on theta (time value deterioration) in options you have sold short.

Each strategy defines:

The Break even at expiration.
The Sweet Spot for maximum potential profit.
The maximum potential loss.
The possible margin requirement for each play.
It explains the effect of time decay for each of the plays.
The effects of changing implied volatility on each play.

The book also has option guy's tips on each play.

At the beginning of the book the author takes the time to explain every term used in options trading from the terms put and call all the way to the Greeks. He does a great job of explaining the pit falls of low volume options and the right time frames to play for different legs of his plays. You will learn all the players in the option game and how to properly roll your option plays

Excellent and easy to read and understand, step by step guide book for new option traders. Will be redundant for experienced option traders.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
14 of 14 people found the following review helpful By Sarah W. McCosham on January 21, 2010
Format: Hardcover Verified Purchase
Having recently started working as a writer for an investment research company, this book has proven to be most helpful with my understanding of options. As an English major, I had no experience with the world of options, which is quite intimidating for someone without a financial background! This book nicely broke down options and option strategies, with a sense of humor that actually made it fun to read! I highly recommend this book for anyone with an interest in options, as this book is a delightful read for those venturing into the world of option trading!
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
16 of 17 people found the following review helpful By J. Palmer on July 30, 2011
Format: Hardcover Verified Purchase
I purchased the first edition and was very satisfied. When the second edition came out, I purchased it, too. The second edition is even better than the first. It has a bunch more strategies and more general information. I think that it is a really good general reference to have if you are an options trader or a student. It explains in sufficient detail the various strategies and how to employ these strategies. I have given this as a gift to friends who are interested in options. I can't speak highly enough of the book, it contents or it's author. I've met the author, BTW, and he is a great guy. I would recommend this book without reservation to anyone who is interested in self-directed options trading.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
11 of 11 people found the following review helpful By efrain gamarra on January 20, 2012
Format: Hardcover Verified Purchase
The book goes over every option strategy that you will ever need for whatever situation. It explains, graphs, and walks you through each in good detail. It always mentions the best, worst, and medium outcomes for each strategy, as well as the effects of time and price.

2 things I wish I would have seen in the book:
- real examples of each strategy in use (or well, at least the most relevant ones)
- more explanation of the greeks and examples of them (it barely touches on gamma at all for example, but then again that's the least important of the greeks)

Yet the book does tell you in the beginning that it will do neither of those two things, so bummer. Everything else it does a great job at though. I think this is a must have for new, intermediate, or advanced options traders. You will certainly go back to it over and over again as a reference guide.

The book is well worth the price. Pay up.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
9 of 10 people found the following review helpful By Steve Nison on December 26, 2011
Format: Hardcover
As the author of the book Japanese Candlestick Charting Techniques I wanted to add the timing of candlesticks to the leverage of options. And Brian's book was the perfect vechicle for me to get up to speed on options for this project. His book belongs on every options trader book shelf. Steve Nison
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
9 of 10 people found the following review helpful By Vintner Don on May 29, 2010
Format: Hardcover Verified Purchase
This book has a lot of good strategies to it. There are ways to play volatility, trends, theta decay, spreads and many other strategies. Brian Overby, the author, tends to buy options where I may go more toward selling premium, but the ideas are similar, the set up is slightly different. Some may find this book to be 'too much'. For those, I recommend starting out with the easier strategies and get a handle on how the options work. Advance when the options are having good success for you. For those that think it may be too simplified, I don't believe getting into more detail of the gamma or rho factors in an option is going to improve your trading. I think the idea is to understand how the strategies work, find 2-3 that you can use in the market condition, and use them to trade. No need to know every product and way of trading, they all won't work at any point in time.

I have used this book as I look at my charts and look for strategies that may work for the stocks on my watch list.

Easy to use, written in plain simple terms and a great tool to have by the monitors.

I do recommend and use this book.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again

Most Recent Customer Reviews

Search
ARRAY(0xa0aa7d8c)