I have been trading equity options for several years at a fairly basic level. I found this book to be very good for a beginning options trader. It is well written and laid out in a very easy to follow format. However, the reader will probably want a more advanced book if he or she has had some experience with options.

I'm just starting to learn options and I found this book a very easy read. It covered all the basic points and explained definitions in a simple way for you to grasp the concept. I liked how the sections were broken apart so that you had an easy framework to follow. I highly recommend for beginners!

With so many books on options in the market, a beginner may be happy to find such a light, easy-to-read introductory book on options that often uses the word fascinating to describe the world of options.
Unfortunately this is very misleading. Armed with the information in this book, this beginner will soon find that some essential knowledge is missing and all actually works and looks very different.
So what is wrong with this book? A lack of deeper understanding, of pointing out the true essentials, of making the right balance, of leading a beginner to a proper path of learning on options. It is often better to be aware that one does not understand a subject well than to think that one has understood it.

I have been a stock market investor for 25 years. Over that time I think I probably learned, in bits and pieces, everything in this book. The problem is I didn't have a complete picture of what options were all about or how many of the elements of options trading (i.e. delta, spread, volatility, etc.) related and affected the potential of any given option or strategy. Therefore, I never bought or sold a single option. Had I read this book years ago my overall investing performance would have been greatly improved and the number of sleepless nights greatly reduced.

This book is an extremely easy read for anyone with a general idea of what options are about and I suspect would not pose an overwhelming challenge even for someone with no knowledge at all on the subject.

The most exciting outcome of my reading this book is I placed my first options trades today. A few of my trades today were for hedging purposes on my existing portfolio and a few were for speculation.

I doubt I will ever become a "day trader" or an options guru, but I now can stay active in my portfolio, blending modest hedges and speculation for what almost certainly will be a better overall outcome. Thank you Mr. Sincere.

Very good book to get your feet wet on Options.

I like the author's style of briefly recapitulating previous topic before going to next. He also punctuates his book with historical anecdotes about options which makes for interesting reading.

Highly recommended.