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Anyone mystified by stock options or who simply dismisses them as too speculative will find
Getting Started in Options an excellent first read on the subject. Beginning with the premise that it's not the complexity of the investment but that of its language that makes options difficult for new investors to understand, author Michael C. Thomsett has created a guided tour through the lexicon. The result is a nontechnical introduction to these specialized markets.
The book carefully and completely defines the terminology, explains options investing step by step, and presents strategies so that it is easy to understand at each level of risk involved. Choosing the right stock, buying and selling options, and combining techniques are all covered in increasing complexity, but this is a book for beginners, and those with basic knowledge of the subject will want to seek out more advanced reading.
The biggest drawback of this book is that, for some reason, the text is printed in green ink, making it somewhat more difficult to read and probably impossible for those who are green-colorblind. Publisher, take note! --Scott Harrison
From AudioFile
Thomsett provides a technical lesson on a risky but interesting investment vehicle. Buying a stock option gives you the right to buy or sell an equity at a particular price on a future date. Options can be traded prior to that date, and their perceived value is based on where the stock price looks like it's headed. The amount of detail in this program is mind-boggling, though it's laid out in an orderly way. The intensity of this subject matter means that only the serious student will be able to stay involved. Nelson Runger paces the material exceptionally well and communicates a perfect balance of dispassion and enthusiasm. A deftly abridged and valuable audio lesson. T.W. © AudioFile 2004, Portland, Maine-- Copyright © AudioFile, Portland, Maine
--This text refers to the
Audio CD
edition.
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