Comments on: best place to learn options trading?

By: d10

d10 — Sun, 29 Nov 2009 13:32:59 +0000

i think in virtual trading because you can learn by doing.
References :
http://onlineoptionstrading.blogspot.com

By: Common Sense

Common Sense — Sun, 29 Nov 2009 12:45:59 +0000

zmann’s answer is excellant. Here’s some additional information;

http://WWW.OptionPlanet.com
http://WWW.RedOption.com
http://WWW.ThinkOrSwim.com

Read as much as you can. This won’t be easy. But it’s worth it.

Good luck……
References :

By: zman492

zman492 — Sun, 29 Nov 2009 12:32:59 +0000

While I agree with the first two answers that you should read at least one good book about options before trading them, I suggest you start your education at the CBOE Learning Center at

http://www.cboe.com/LearnCenter/default.aspx

with the free online tutorials. Once you have completed the tutorials, you be better prepared to evaluate different options books and pick the one(s) best for you.

The CBOE has a bibliography at

http://www.cboe.com/Institutional/Bibliography.aspx

and if you stick with books from the bibliography you can be sure their quality.

My two favorites from that list are

McMillan, Lawrence G.: Options as a Strategic Investment, Fourth Edition

Natenberg, Sheldon: Option Volatility and Pricing, Revised Edition

but I recommend you try to review the contents (at a library, a bookstore, or at amazom.com) to pick books appropriate for you.

I will also mention that Mark Wolfinger has written beginner books on options and particpates on the Yahoo message board at

http://messages.yahoo.com/Business_%26_Finance/Investments/forumview?bn=4686677

If the idea of being able to ask the author a question directly appeals to you you can find his books at

http://www.mdwoptions.com/
References :

By: raysor

raysor — Sun, 29 Nov 2009 11:54:59 +0000

Start by learning the basics of simple options. That is buying calls and buying puts. Then maybe go on to learn writing options and the other strategies. But learn the first two thoroughly for starters. Get a good book;I always recommend Trading in Options by Geoffrey Chamberlain. I gave this advice to a friend about 10 years ago he is now making £90000 a year in his spare time. Mind you he has a degree with distinction in Mathematical Trading!
References :