Review: A+++
Rating: 5 out of 5
Date: 07 5, 2014
Great job by Keith James! A wealth of information was provided. As the title suggest "Your Complete Beginner Guide to Trading Options" this book held true to its title, it was very informative using great examples and a high overview of information. A option is an exchange traded contract that gives the buyer the right, but not the obligation, to buy or sell an underlying asset. Options Trading terminology was highlighted; exercise, strike price, expiration date, premium, in the money, out the money, and intrinsic value, all these terms were defined well, gave me a good idea of what each meant. Another topic discussed that was beneficial; In the Money (ITM), which means options- meaning that the strike price of the option is already profitable, compared to the price of the underlying asset are more expensive. There are three option trading strategies; in the money, at the money, and out of the money--good to know! Overall this is a must have and read! Great guide to options trading!