Options Trading for Beginners & Dummies
Written by Giovanni Rigters
Narrated by Christopher C Kelly
4.5/5
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About this audiobook
Options are a less well-known aspect of the stock market that traders can use to earn profits. The most amazing thing about options is that you can start getting in on the action by only investing a small sum of money, even $100 or less! And each options contract gives you the right to control 100 shares of stock.
Options trading sounds complicated, but they are actually pretty simple. They were designed to give people the option to buy or sell off stock at a pre-determined, specific price. Options are contracts, and like all other contracts, they come with an expiration date. But the best thing about options is they trade on their own market – just like shares of stock. And when the stock prices change, so does the price of the options contracts.
But for small investors, one of the best things about options is the high return on investment or ROI. As we will see throughout this audiobook, a trader can earn far higher ROI trading options compared to stocks!
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Reviews for Options Trading for Beginners & Dummies
44 ratings6 reviews
- Rating: 5 out of 5 stars5/5Great information for beginners .highly recommended to begin your journey
- Rating: 4 out of 5 stars4/5This is the second book I have read on options trading, it has helped me in my decision to move forward, tomorrow I shall pick up a note book and develop my rules for options trading, I manage my dividend portfolio with yahoo finance, that should save time learning.
- Rating: 5 out of 5 stars5/5This audio was clear and concise. It gives honest direction for beginners. For example: it explains for beginners purchasing a “put” this can be very dangerous to do, one must have complete knowledge of the risk of purchasing a “put”. Overall I listen to a number of audio option trade book. This book covers more corners and thoroughly explain more points for the beginner.
Thanks
Tim Petty - Rating: 5 out of 5 stars5/5Definitely useful highly recommend for anyone getting started in trading. Simple and useful advice
- Rating: 5 out of 5 stars5/5Full of valuable beginner info that will give you a foundation to build on.
- Rating: 3 out of 5 stars3/5A proper example would have been better. It more of a refresher book rather than start-from-scratch book.