Kenneth Trester
Author
New Release
The Complete Option Player
Why options? Options are that rare investment that meets the needs of both the speculator and the conservative investor. Options can provide lottery-like returns of more than 10,000% and you can enter this game for a small price tag. Options can provide the investor with important insurance not available anywhere else, and options can provide a lot more income to your portfolio. But, what I like best about options is that you can mathematically measure the true worth of an option - unlike stocks, bonds, gold, silver or other investments assets.
This is one of the best options books I have read. Ken Trester gives details of what situations to apply the strategies instead of the usual boring options books that just describe the strategies. His newsletter services are very good. I have tracked the trades in his Put and Call Tactician newsletter and most of them have performed admirably - he even recommended AAPL Put just
before the stock collapsed.
Praise & Reviews
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.
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.
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About Kenneth Trester
Ken Trester has been trading options since the first exchanges opened in 1973. He's probably the nation's best-known options advisor, and he also actively trades his own account. In addition to writing The Complete Option Report, he has written four books on options. The Complete Option Player, now in its 6th edition, is among the best-selling options books ever. As a computer science professor at Golden West College and Fresno State University, he also taught a popular course on options trading...