The Options Playbook: Featuring 40 strategies for bulls, bears, rookies, all-stars and everyone in between.

I'm new with options, so it's nice to have information to quickly flip to, such as Beginner strategies.I learned real quick how to roll, which helped go from a loss to a profit.

A great introduction to important concepts involved in trading options and a great overview of the various strategies.

A good overview of different option strategies for those who mostly already know about option strategies. Some generic info on different option strategies that is presented in a concise manner to have as a quick reference. Would buy again.

this is one of the best and more clear books about option strategies i've seen so far, just got it yesterday, and understanding iron condors was as easy as 1, 2, 3.Thankss

Excellent layout for quick strategy checks with great options for options trading. Not perfect, but now my first goto reference book. Recommend for new and experienced traders who don't have a photographic memory.

This book is a great introduction to options. The language and approach are very accessible. The way the various strategies are laid out makes for easy reference. BUT... The MAJOR flaw, in my opinion, is that none of the strategies (after the three "rookie" strategies) have numerical examples to illustrate them. The introductory sections do (super helpful and illuminating), but the strategies do not. It would be Very helpful to see an example for each strategy like: "Credit Put Spread: Buy 10 ABC May 65 puts @ .50 and Sell 10 ABC May 70 puts @ 2 for a net credit of 1.50. Max loss: $XXX (ABC at $UU). Max gain: $ZZZ (ABC at $VV)" The numbers would help clarify the strategy and fix it in the reader's mind. Instead the book just states things like "Max profit if stock closes above Strike A. Max loss: premium paid" or whatever.It would be even better to have the more complex strategies numerically compared to the basics (Iron Condor vs simple long or short call or put) to make it clear when they are useful and what your risks are. There is some narrative comparison, but seeing examples would be massively helpful.All in all, I recommend this book as an adjunct to other resources that teach options with numerical examples. A rank beginner is likely to lose the thread once they get past the "Rookie" stuff (covered calls, cash puts, etc).

"The Options Playbook" is a must-read for anyone interested in trading options or looking to expand their knowledge in this area. It's very well put together, making complex concepts easy to understand. The book serves as a good reference guide, offering a variety of strategies for different market conditions and outlooks. Despite the complexity of the subject matter, the tone of the book is light-hearted, making it an enjoyable read for anyone interested in trading options.

Going into reading this book, I had maybe a year of option trading experience. I bought this book to reinforce the things that I have learned over the past year, and possibly get some new perspective on the markets and strategies. In this book, the author does a great job at bringing the terminology and basic strategies down to the level of the layman.The book kept a light hearted feel to it, which I think is necessary when talking about stock options (Whenever I start talking about them to any friends in person their eyes immediately glaze over). The problem with that is he glossed over any sort of real-life experience, and experience that traders can really relate to. It's one thing to say that "watch out kids, the naked short can go against you, even when it's way out of the money" - but it's another to say "I failed to manage my risk in 2000, and a trade where I was looking to make $200, turned into a $2000 loss." When talking about playing a game of speculation, history is doomed to repeat itself - and as a novice option trader myself, no amount of warnings can teach the same lesson as getting burned on an option trade gone south.That being said, this did read much more like a playbook than a "Bible" - It lists the plays that you can choose to run, but at the end of the day it's up to the players to make game-time decisions that ultimately determine whether the trade will be a success or failure - and the discipline it takes to realize that it's worth taking a 20% loss 45% of the time, as long as you make 20% the other 55% of the time.Bottom line, if you are new to options - this book is a great read to get your feet wet - but DO NOT trade with real money until you have a handle on your own cash account, margin account, and your personal risk profile in real dollars. Live to trade another day.