The Complete Guide to Option Selling: How Selling Options Can Lead to Stellar Returns in Bull and Bear Markets, 3rd Edition Hardcover – September 22, 2014

This is a great book for learning more about selling options - once you have a basic understanding. The author provides in depth information about strategies and explaining the whys and warning of the pitfalls. My interest was more geared towards selling options - rather than buying them. That's what this book focuses on. The book is easy to read and understand. There are quite a few examples that help put the theory into practice as well. Similar to other books I have purchased on this subject, I am only focusing on the more simple transactions before trying to learn the more complex.It is a great book to add to your collection if you are looking to option selling, this is for you.

An excellent book, which focuses on selling of futures options, primarily in the commodity area. The book is comprehensive and provides enough information for someone with a reasonable amount of capital and sufficient motivation to generate significant returns using the outlined methodologies. As with any trading method, success in applying these methodologies is dependent on one's comprehension of them, but even more importantly on one's mastery of their own emotions while trading.If you are interested in selling futures options, this book is a must read and may be the best one written on the subject.

I recommend this book with a caveat. I think the Authors at times express somewhat illogical opinions. At one point, they say essentially: "don't do any options that have the name of a bird - or anything relating to nature." Thus directly implicating a Condor, a Butterfly, etc., and maybe even a Staddle or Strangle (? :). Considering the book's orientation towards the beginning to an intermediate options trader, I find such statements very odd. These 'bird named' strategies are very common, low-risk practices - and certainly not bird-brained or dangerous if done correctly. The only issue I've ever faced placing such trades is that they can fill slow (or not at all) and also move (change in value) slower than a single put or call. Yes, the book takes a conscientious conservative approach - appropriate for any trade. However - and another oddity - they say [paraphrased], "if you can't explain your trade to a 12-year old, then you probably shouldn't be doing it." Of course, the more a trader adheres to the KISS principle, the more likely they will have a workable entrance and exit strategy. And yet, many basic strategies are difficult to learn and more so explain - including those the authors recommend. Another strange one, considering their healthy bias towards conservative trading: they glance over the real, unlimited risk of selling a so-called "naked" call. If the market goes against you a significant amount, having sold just one naked call can yield financial ruin. (I have been trading options for long enough to say "Never Trade a Naked Call - Never". Well, OK, if you've got say $500,000 or $1+ million in your account, then maybe a few small ones. Then again, if you're reading this review, it's not likely you have such. And even if you do - don't do a naked call until you've run the trade on a simulator. (I watched more than a few of my former coworkers at Merrill Lynch lose more than their shirts doing these during the Dot-Com bust.) In any case, the book is well worth studying. And after you've followed some of the authors' suggested methods, perhaps you'll know you are prepared enough to fly upwards with the birds ... ( And also consider the options "bible" tome - the 1,000+ page, 5th edition of _ Options as a Strategic Investment _ by Lawrence McMillian. )

I personally enjoyed this book.I've been selling equity options for the past 2 years, so I was very familiar with the different concepts in this book.Really enjoyed the chapters on risk management. The different ways to defend your short option trades when they go against you.This book is about futures options.The authors go into detail about the different contracts, as well as, the different fundamentals factors that can affect different markets.I also enjoyed the chapters on the different strategies that are actually worth trading and implementing.Overall, I was really happy with my purchase.If you're interested in knowing more about option selling, this book is sure worth buying.

Amazon shipped "Option Selling," a book that cost me over $40.00 and it was inside the same box they shipped my great working "Earthwise Tc70025 Tiller." The book was flap-jacked pitched in loose (no special protection, no wrapped hands, no gloves, no Vaseline on its face and no tied shoes etc.) So poor Mr. Book got mulched from side to side in the boxing-match (I'm sure the author would love more of his product delivered this way---I'll let him know).Exiting, what was Book's state of mind? Jitterbugged and bewildered "He had to be conscious that he was somehow free of his terrible experience but when everything else feels shredded, oh, hula-goola-mama where's the fooler. I think this bookified best seller, felt socked into obliteration. One would have to admit if, Mr. Book "Option Selling" was flipped over zippity-do-dah around inside and when the cardboard container (about 5 feel long and 4 feet wide was opened), Mr. tattered Book, "Option Selling" had to believe he was waking from a daymare.I thought of Mike Tyson's early competitors: plummeted, broken, slashed, dizzy (if not knocked out), crushified, and konked into oblivion (I love Mr. Tyson).Shouldn't I be mesmerized by Amazon's lackluster care for customer orders or do you get splattered victims dumped, bang, bounced delivered also? "Heck, maybe I should not have had this fight," (oh, if a book could talk!).5 stars for the book but none for the Amazonians' shipping.Sid Chaney Literary Agent

My stock portfolio is happier now in its resilience stage. And I thank the authors for this great information (book).