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Understanding Options
by Michael Sincere
from McGraw-Hill
Customer Reviews:
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Avg. Customer Rating: 4.5 / 5.0 
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Understanding Options is a good book for beginners. 
I have been trading equity options for several years at a fairly basic level. I found this book to be very good for a beginning options trader. It is well written and laid out in a very easy to follow format. However, the reader will probably want a more advanced book if he or she has had some experience with options.
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Easy read for those just learning options 
I'm just starting to learn options and I found this book a very easy read. It covered all the basic points and explained definitions in a simple way for you to grasp the concept. I liked how the sections were broken apart so that you had an easy framework to follow. I highly recommend for beginners!
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Simple but misleading 
With so many books on options in the market, a beginner may be happy to find such a light, easy-to-read introductory book on options that often uses the word fascinating to describe the world of options.
Unfortunately this is very misleading. Armed with the information in this book, this beginner will soon find that some essential knowledge is missing and all actually works and looks very different.
So what is wrong with this book? A lack of deeper understanding, of pointing out the true... more info
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Excellent first options book!
I have been a stock market investor for 25 years. Over that time I think I probably learned, in bits and pieces, everything in this book. The problem is I didn't have a complete picture of what options were all about or how many of the elements of options trading (i.e. delta, spread, volatility, etc.) related and affected the potential of any given option or strategy. Therefore, I never bought or sold a single option. Had I read this book years ago my overall investing performance would have been greatly... more info
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