12 of 12 people found the following review helpful:
A Broker and a Professor produce a Mixed bag, 1999-06-08
This slim green book is a study guide, yet it offers real world examples, chapters on simple option strategies and presents its ideas in clear, short chapters. It is still options 101, not hype 101 (for that entertaining course, see Wade Cook's Wall St. Money Machine).But the low cost book will serve you as well as Natenber's big green bible on Option Volatility, or Kolb's thick black finance course called Understanding Options.
10 of 10 people found the following review helpful:
A good book to understand option basics & advanced strategy, 1998-11-09
The book starts out explaining the basics of options and then goes on to explain spreads, straddles and strangles, hedging, repair strategy, and a brief discussion of leaps. For a middle of the road investor it brought to light several strategies that I'd been trying to understand. Making me a more informed investor.