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Get it for your introduction to options. The style is easy and conversational making for an easy read at Starbucks on a Saturday morning. This was my first book on options and I'm glad it was. The book covers the most basic strategies and leaves you with an understanding of the basics.
I also readed the other book named Option make easy. This is a good book for a beginner to understand the Option trading.
That said, for me, the book flowed like a well written dramatic piece complete with a climax (comments by Sheldon Natenberg) and the author's thoughts, the denouement.I think of succeeding in options as making many correct decisions. In the Kindle edition, there is a technical glitch which causes a portion of the very end to be repeated. After reading "Understanding Options", I felt the decision to start with it was definitely a step in the right direction. I think there are three prerequisites to writing a successful "how to": a structural (academic) knowledge, practical experience and, perhaps most important, a sincere desire to share. The combination of these elements puts "Understanding Options" in the "WOW" category.Even though I recognized it was probably outside the scope of the book, I wanted a bit more in two sections: picking the right underlying stocks and Black-Scholes.
It is definitely good for beginners or entry level, but not recommend for who has option trading experience and looking for advanced techniques. It is easy to understand with plain words, not a lot of technical terms.
Stick with Michael Sincere in Understanding Options. If you're a beginner, Option Made Easy isn't so easy. I wouldn't recommend this for a beginner. I recently purchased two books on options trading. It's a worthwhile investment. Understanding Options by Michael Sincere is an excellent book for a beginner. I'm a beginner so I needed something that clearly explained how options trading works. The other book that I purchased is Options Made Easy (2nd edition) by Guy Cohen.
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