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How to Make Money With Stock Options: A Basic Guide for the Conservative Investor

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Title: How to Make Money With Stock Options: A Basic Guide for the Conservative Investor
by Mervyn L. Hecht, Jennifer Grossblatt, Mervin Hecht
ISBN: 0-9662481-0-4
Publisher: Vantage Pr
Pub. Date: February, 1998
Format: Hardcover
Volumes: 1
List Price(USD): $19.95
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Average Customer Rating: 4.5 (10 reviews)

Customer Reviews

Rating: 5
Summary: A valuable and easy-to-understand primer
Comment: Especially in these volatile times in the stock market, Hecht's book is extremely valuable reading for investors. Using plain language, Hecht explains how investors can hedge and pursue less risky strategies with stock options. Those who have some familiarity to investing in the stock market will have no trouble understanding Hecht's presentation of what is often difficult material. His book makes it easy for conservative investors, and those who want to pursue less risky approaches, to make stock options a part of their investment strategy. Thanks to Hecht's book, stock options are now an integral part of my approach to the market, and I'm benefitting handsomely.

Rating: 3
Summary: Adequate, but examples could be better
Comment: This book was my introduction to options trading. It offers a decent introduction to the subject, and got me to the point where I was comfortable doing a couple of trades. However, the descriptions of all possible outcomes of each trading strategy are rather sparse, as are the reasons behind why you would want to use each strategy. Also, the graphical illustrations of the strategies are quite primitive. Finally, there are many typos; the book definitely could be better edited.

One should also note that the author is VERY conservative--if you buy small-cap stocks on your own, he may be too conservative for you.

Rating: 5
Summary: Finally, an easy to understand book for the novice investor!
Comment: This book will really help novice investors like me to quickly understand the risks and rewards form investing in stock options. It's concise and easy to read. Within 10 hours of reading, I had a good understanding of appropriate option investments and when the risks of certain types of option investments far outweigh the potential rewards.

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