Getting Started in Options

By: Michael C. Thomsett

Narrated by: Nelson Runger

Length: 3 hrs and 5 mins

Publisher's Summary

This straightforward best selling guide thoroughly demystifies the options market, enabling you not only to maneuver effectively with options, but to gain healthy returns from them. In nontechnical, easy-to-follow terms, Getting Started in Options arms you with the facts you need to make informed decisions about choosing stocks, tracking options, selling calls, understanding and controlling risk, and much more. This practical audiobook shows you how to:

Set up a plan based on your specific investment requirements

Master all the terminology

Buy and sell puts and calls

Hedge and speculate like a seasoned investor

Understand time values, striking price, and expiration - and use them effectively

Read the market and spot the specific risks of each type of option

Profit in these exciting markets

©1997 by Michael C. Thomsett (P)2000 by Penton Overseas, Inc.

'Getting Started in Options' is just that

This is a book full of examples to help describe the 'Options' trading. Although the concept of option trading is somewhat simple, but the terminology used can be confusing. After listening to this audio book, I'm looking to purchase the printed version as well in order to see the examples and highlight the sections that I'll need to use as a reference. I highly recommend this book, preferably the printed version.

26 of 26 people found this review helpful

Good information, but TOO abridged

This was a good listen. The speaker was clear and well articulated and the information was good. Unfortunately the abridged version is simply TOO abridged. I finished listening to the book in a few drives to work and back and was thinking that it was just STARTING when it was over! The material as presented seems more of a preface than a book.

I would not recommend this as your monthly book if you are trying to stick to the Basic Membership of one book per month. I'm trying not to go over that limit and so having a book this brief was disappointing.

15 of 15 people found this review helpful

A good introduction to stock options

I thought this book was a good introduction to stock options. It's not long, but it covers the basics.

This book does not cover strategy. If you plan to invest in options this is a good starter but it won't teach you everything you know to successfully invest in options.

If you already understand the fundamentals of options then this book is probably a little too fundamental for you.

I have experience in stocks, and understand the basics of margin investing, short selling, and similar topics. I did not have much knowledge of options - so in my case this book was right at my level.

I have supplemented this book with another that covers option strategies but assumes the reader knows the basics.

6 of 6 people found this review helpful

It's about getting started.

The title "Getting Started in Options" explains exactly what it is - and it's a fantastic first introduction.

2 of 2 people found this review helpful

A well-titled book, a good first intro

I found this a good entry point to the subject. I like the clarity and logic of the explanations -- a sort of walk through facets of simplified trader-logic. However, it is only a beginning, and after learning this I would not "get started" in the sense of tossing myself to the tender mercies of counter-parties who know the more modern math tools to create the other side of deals. Continuing the learning curve about that, I am happy to see at audible a nice popularization to start on, "Pricing the Future: Finance, Physics, and the 300-Year Journey to the Black-Scholes Equation".

1 of 1 people found this review helpful

Very basic.

The book is very basic. It only covers generally theory and does not cover any strategy in the least bit.

Too basic and dated

If you just want to know the basic ideas and not actually trade options this book might be ok. If you plan to trade options pick another book. Narrated well.

Excellent

Very good book for people getting started and options!

It helps resolve many of the confusing option issues.

The reader is wonderful!

This book is a good primer

If you could sum up Getting Started in Options in three words, what would they be?

Basic Clear Understandable

What was one of the most memorable moments of Getting Started in Options?

When the author was talking about option strategies

Have you listened to any of Nelson Runger’s other performances before? How does this one compare?

Just started listening this type of books

Was this a book you wanted to listen to all in one sitting?

No, you need some time in between to let the contents of the book become a part of your knowledge

Any additional comments?

There should be a sequel, something like

wonderful recource

This book is a wonderful recource for beginners in the stock option world. It acurately defines the option language. It also takes all the fear and mystisim out of options. I read the book a month ago, and have increased my returns already! I'm very happy with this book & have shared it with my close friends.