Options Trading Bibliography and Web Site

I've been mostly trading options, after an initial bit of trend following during the big uptrend
of 2009.

There are a couple of beginner's options trading books who both have fervent adherents and
detractors:

• Options Demystified, by Thomas McCafferty
• Options Made Easy, by Guy Cohen

Try both of these and go with the one you like best.

Here are a list of the books I've found most helpful.

• Volatile Markets Made Easy, by Guy Cohen
• Protective Options Strategies, by Ernie Zerenner and Michael Chupka
• Profiting with Iron Condor Options, byt Michael Hanania Benklifa

The strategies described in the Cohen and Zerenner/Chupka books can be used in any type market; the Iron Condor strategy is best suited to calmer and less volatile markets than we've had lately.

Ernie Zerenner and cohorts also run a web site called Power Options that I find worth the price ($80/month). It has features to search for (potentially) profitable strategies for you and do the calculations and profit/loss graphs, etc. (accurately). It even has a feature to 'one click trade' connecting to your brokerage, if you use one of the ones they support.

Here's wishing you happy and profitable trading ...