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Books about trading options on stocks

I won’t review all the books about trading stock options that I’ve read, but I’ll rank them:

1. The Option Adviser by Bernie Schaeffer.
2. The Bible of Options Strategies, by Guy Cohen.
3. Options as a Stragegic Investment, by Lawrence G. McMillan.
4. Covered Calls and Leaps, by Joseph Hooper and Aaron Zalewski.
5. Profit with Options, by Lawrence G. McMillan.
6. The complete option player by Kenneth R. Trester (4th ed.).
7. Fundamentals of the Options Market, by Michael S. Williams and Amy Hoffman.
8. The Options workbook, by Anthony J. Saliba, (2nd ed).
9. The optionetic course, from practice to profits, by optionetics.com. The 2 day course costs about $4,000 and includes a lot of hard sell for their other courses, services. It helped me get off the dime and start trading, but the books and course aren’t worth $4,000 if you can read a book or two.

Every one of these books except No. 8, I think, is tied to a subscription-based advisory service on the web. Thus, I consider all the books promos for the advisory services, but they all are very useful. Each one adds info the others skip.

Posted by Donald E. L. Johnson on 08/07/2008 at 10:07 AM

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