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Options Demystified

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Options Demystified

..then this is the book you should be reading first.

I bought two books to help me understand what options were about, "Options Made Easy" by Guy Cohen and this one. Guy Cohen's book has so many incomprehensible charts and diagrams on practically every page that it left me with nothing learned. His book is definitely not for the beginner such as myself. I stopped reading it about a third of the way through, thinking I'm never going to "get options".



Then I took up reading "Options Demystified" and it was like a breath of fresh air. I went through the whole book in 3 days, highlighting the essentials that I wanted to return to and will shortly start on re-reading it again before actually purchasing any Puts and Calls.

"Options Demystified" definitely adheres to the KISS philosophy ("keep it simple, stupid") and for the beginner to get an overview of the mechanics of option trading, this is exactly what we need.



I will agree on one point with the previous negative reviewer on his suggestion to go to the CBOE website (Chicago Board Options Exchange) and go into their Learning center. They also keep it simple so we newbies can "get it".
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