The Complete Option Player

by Kenneth R. Trester

Book Overview

This is one of the best selling options books ever. This newly updated classic will show you how to play the options game where profits of 100 per cent or more are not unusual and where you can earn... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 0960491430
• ISBN13: 9780960491438
• Release Date: July 2002
• Publisher: Institute for Options Research
• Length: 462 Pages
• Weight: 1.95 lbs.
• Dimensions: 1.3" x 6.1" x 9.1"

Customer Reviews

Great Book

This is a great book. I was losing money with options until I did what was outlined in this book. I would recommend it to anybody.

A very good option book

If you are a fan of Lawrence McMillian and love to thread through pages of frivolous information, you probably won't enjoy this book.The Complete Option Player is 46 chapters and 500 pages of powerful information. Once you begin reading, you won't want to put this book down.You will find insider secrets and other advice that you will not find anywhere else.Chapter 38 - Option pricing is probably the most important chapter in the book, especially for new traders. Trester also includes call and put option tables to assist the investor.Overall, a very good book and a great supplement to Wall Street Money Machine #1 and #2. I would also recommend Wall Street Money Machine #4, which is all about option trading in addition to this book.

One of the best options books I have read

This is one of the best options books I have read. Ken Trestergives details of what situations to apply the strategies insteadof the usual boring options books that just describe the strat-egies. His newsletter services are very good. I have tracked thetrades in his Put and Call Tactician newsletter and most of themhave performed admirably - he even recommended AAPL Put justbefore the stock collapsed.

Book is not bad, but do not buy his newsletter.

Kenneth R. Trester explains trading methods and things to avoid in options. He describes ways you can be cheated, and he gives advice in how to manage options investments. Whatever you do, do not yield to the temptation to subscribe to his newsletter, "The Trester Complete Option Report." In his book, he correctly shows that successful options trading requires a lot of research, and he comes across as the expert. He says, "Of course in The Option Report we do all this work for you. We're searching for home run candidates for you all the time." Do not believe it. You expect your results to resemble the track record published in the newsletter. They do not. His track record looks impressive because he uses option purchase prices much lower than what you can buy them for. I went exactly by his advice for several months, and lost money on every trade. A better book on options is "Getting Started in Options" by Michael C. Thomsett. This book provides good definitions for all the terminology and has many, many examples and why each is good or bad.