| If you are interested in learning how to trade | | | | options are. He goes in depth into topics such as: |
| options, and are looking for resources to help you | | | | - The basic difference between a call and put |
| get started, Get Rich with Options by Lee Lowell is a | | | | - How options are priced and why it matters |
| great place to start. | | | | - Option Volatility and how understanding it can |
| This book will give you a great foundational | | | | increase your profit margins. |
| understanding of the various options trading | | | | - Why selling options is the key to long term success |
| strategies. It will help you sharpen your trading skills | | | | for any trader |
| by learning from the successes and mistakes of one | | | | In the second part, he explains a few different |
| of the best professional traders. | | | | options selling strategies. These may be helpful for |
| Lee's credentials as a trader speak for themselves. | | | | you, particularly if you have a stock portfolio you are |
| He has spent 15 years in the trenches as an options | | | | looking to maximize. He even talks about his own |
| trader. He started working on the floor of the New | | | | personal favorite trading strategy (I'll give a hint: it's |
| York Mercantile Exchange (NYMEX). Then after | | | | called Credit Spreads. Read about it on page 115). |
| learning how the Market Makers trade, he ventured | | | | Finally, in Part 3, Lee gives some specific tools that |
| out on his own and opened up his own investment | | | | traders can go to expand their knowledge, expertise, |
| firm. | | | | and profit margins. He even dedicates an entire |
| He has broken the book in to three different parts. | | | | chapter to brokers and commissions and how to |
| In the first part, he gives a background on what | | | | reduce how much you are paying. |