The Value of Options

Have you ever wanted to learn about options? Do you think they are too hard to learn and understand? Fear no more! Today, I am recommending an options book that got me started on options.  The book is: Getting Started With Options by Michael Thomsett.  This book is the complete beginner (and expert) guide to getting into option trading.  Thomsett is very descriptive in his writing and uses repetition to fully make the material understandable.  There are various "real-life" scenarios that he gives so that you can understand in a 1st person view.  This is an effect way of learning options because it is applied to real life and not just explanations and confusing definitions. 

The beginning of the book is obviously the intro to options and the basic understandings.  The author explains the basic definitions of put, call, strike price, expiration date, intrinsic value, extrinsic value, and more.  Thomsett goes into specific strategies for puts and calls such as when you would want to use a put or a call.  As the book progresses, more "advanced" methods of options are explained such as straddles, butterfly, condor, etc.  Do not be overwhelmed if you do not understand some of this terminology, Thomsett writes this book as if you are hearing this word for the first time and know absolutely nothing.

I highly recommend this book to help begin your prosperous journey of options.  Options are a very fun asset that can gross a lot more than stocks and bonds.  This book is on the Invest Chief Book List, which will be unveiled in the coming weeks.

You can buy, Getting Started With Options by Michael Thomsett, on the link below from Amazon. Your purchase from the link below also helps out Invest Chief (thank you!).