Customer Reviews

Understanding Leaps: Using the Most Effective Option Strategies for Maximum Advantage

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

 

 

This book is one of the best options texts I've ever read. The material is presented in a clear, easy to understand manner and is less technical than the McMillan books, but is still useful to the experienced options investor.

One thing I like about the book is that it defines the difference between trading and investing and presents strategies for both options traders and investors (though I disagree with the manner in which he differentiates the two groups).

As the title indicates, the book concentrates on LEAPS strategies and presents a number of conservative uses for these instruments. Included in these strategies are stock replacements, covered call writing, spreads and using deep-in-the-money LEAPS as an alternative to margining stocks.

I've been an options investor for nearly 30 years and employ the more conservative strategies mentioned above to enhance the returns on my equity portfolio. While Allaire writes in a manner that is understandable to the novice, I was impressed with the subtle issues and practicle considerations he discusses for each of the strategies.

He also does not over hype the strategies as so many other writers do. This is another reason for giving the book a five-star rating.

Mark LaMoure, Boise,ID

POWERFUL SUCCESS
Do you want more Time, Safety and Security for option investing and higher profits? The truth is, one of the biggest ways money is lost in option trading is from buying too short of a length of time for investing. Discover the book "Understanding LEAPS" by authors Marc Allaire and Marty Kearney for higher success. Copyright 2003.

You can solve the problem of too little time by buying LEAPS. They last longer than a typical stock option. LEAPS last from 7 months and go up to 3 years in the future. LEAPS should be understood by every profit-minded investor for their precious, high-powered time benefits. LEAPS can be very powerful.

LEAPS cost you about 50-90% less in price than stock, providing potentially bigger profits. Learn more about LEAPS and their profitable benefits today. Discover new possibilities.

SPARKLING ESSENCE
Ignite a new fire in your heart for winning. "Understanding LEAPS" is a premium book with insider tips and some strategies unique only to LEAPS. The book shows how LEAPS increase capital, limit losses and protect profits.

Learn the true story for investing with LEAPS. The Authors wrote a hands-on guidebook defining "what, when, where, why and how" on LEAPS. The two authors write about advantages of LEAPS for both the Basic to Advanced investor.

RATED HIGHLY
Looking at the book's promising Table Of Contents, you see 25 Chapters and 278 pages of gold-grade material. The book is comprehensive and highly rated. I compared five similar books on LEAPS to "Understanding LEAPS." Its clearly the best of the five, by far. So I rate the book at least 5 stars.

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I did and lost big time. LEAPS are just as dangerous as any other option. Stay away from options unless you are a professional.

This book is written in a very methodical manner with detail coverage of each topic. The book is not one you set down a read in one or two settings but requires careful reading and study. In fact, I have read about 1/3 of the book in depth and proof read the remainder for an overview of its contents. The reason for not giving it 5 stars is I have not applied any of the trade stategies in the book and secondly there are no stock charts in book. Stock charts are an important part of deciding which option trade to apply.