Options as a Strategic Investment: Fifth Edition by Lawrence G. McMillan - Learn How to Maximize Your Returns

For options traders looking to take their strategies to the next level, Lawrence G. McMillan's fifth edition of Options as a Strategic Investment is the perfect book. This comprehensive guide is praised for its binding and page quality, ease of reading, overall satisfaction, and knowledgeable content. With this book, you can rest assured that you are getting the best options trading advice available.

Key Features:

Options are a powerful tool that can be used to create a strategic investment portfolio. With the right knowledge and understanding, investors can use options to capitalize on market opportunities, manage risk, and potentially generate higher returns. Options can be used to hedge existing positions, speculate on price movements, and create income streams. By utilizing options, investors can gain exposure to a variety of asset classes, such as stocks, commodities, and currencies, while limiting their downside risk. With the right strategy, options can be an effective way to diversify and enhance an investment portfolio.
88
B2B Rating
36 reviews

Review rating details

Value for money
89
Knowledgeable
89
Overall satisfaction
89
Easy to read
90
Binding and page quality
92

Details of Options as a Strategic Investment: Fifth Edition by Lawrence G. McMillan - Learn How to Maximize Your Returns

  • Hardcover ‏ ‎: 1072 pages
  • ISBN-10 ‏ ‎: 0735204659
  • ISBN-13 ‏ ‎: 978-0735204652
  • Dimensions ‏ ‎: 7.76 x 5.08 x 0.1 inches
  • Customer Reviews: 4.7/5 stars of 877 ratings
  • Item Weight ‏ ‎: 6.3 ounces
  • Language ‏ ‎: English
  • Publisher ‏ ‎: Prentice Hall Press; 5th edition

Comments

David Pantzer: Everything was great

United States on Jan 08, 2024

Sourav Ghosh: Good

India on Oct 03, 2023

Steven Terjesen: This is a great book to learn Options trading. For all the nerds that don't want to pay a few bucks for one of the many options trading apps out there (OptionStrat, Barchart, etc.) to predict returns, probabilities and volatility, this book has all the theory you need to build your own spreadsheet or program. The book is geared towards investing with Options, not speculating. This will not teach you how to 0Day trade, but does acknowledge the practice and explain the risks in those types of strategies. It goes into great detail about all the different variations of call/put combinations, what situations warrant them for max effectiveness, and how to properly unwind should the stock move against you. This will not teach you what stocks to pick, but it does help you recognize advantageous situations and which strategy to employ for that situation to get the best probability for profit. Overall, it's a great reference and will help build confidence to employ strategies you may have shied away from in the past because you didn't understand all the risks.

United States on Jun 24, 2022

Eggleston: Often called 'the Bible' of options. And like the Bible it's thick and not always clearly written. But it does cover many, but by no means all, common option plays out there. Very little specifically about hedging long stock positions. Has material on how to 'repair' options positions gone wrong.

This book is not a tutorial for the complete newbie. It would help if you've actually traded some options and grasped the fundamentals, know the jargon before turning to this reference book. Not meant to be light reading.

United States on Mar 31, 2022

USAFA93: This should not be your first book on options. It will demoralize and kill your enthusiasm if you do not minimally have a working knowledge of puts/calls. If you have that basic knowledge, and if you really want to learn about options, this is the approved textbook. What Frank J. Fabozzi is to Mortgage Backed Securities (MBS) and Asset Backed Securities (ABS), Lawrence McMillan is to Exchange Traded Options. This book is not a particularly fun read nor a breezy one. It is not a get-rich-quick program. However, it is a mountain of useful, detailed knowledge. You will approach this book like you would a college class - graduate level. It will take work and dedication to accomplish. You do not need to a rocket scientist to understand what McMillan is teaching you. You need patience. You'll get it - he'll teach you. You will be rewarded with an understanding of the capital markets that very few comprehend. From that point, you'll probably look with disdain upon so many of those books that offer systems or guides to the options market. You will know more than those authors, and you can create your own system - with Confidence. I am an expert in options (exchange and OTC), swaps,...

United States on Dec 18, 2021

Sergio: Title says it all. Haven’t finished reading it yet and so far so good 10/10

United Kingdom on Oct 11, 2021

Georgos Androutsopoulos: Text book is great. Workbook a little rudimentary. This is the options book to start with for beginners imo, then would come Natenbergs

Germany on Dec 11, 2020

Robert E Ashodian: This is the ultimate book on options and well worth the cost and effort to read it. Few people will ever want to read the entire book. Read the sections that match your option interest and investment strategy. An option position can be a safe and secure part of your investment portfolio management, adding income, protecting gains and avoiding heavy losses. At the same time an option position can be very risky with the possibility for unlimited losses. There's lots of hype floating around on making big money trading options. Beware the hype. This is not that book.

This book has all the basics, read those sections. Go back and read them again. Explore the more complicated strategies more slowly. If you want to dig into real detail and the mathematics, it's there if you want it. This book would be the obvious choice for a two semester sequence as part of an undergraduate or graduate fiance program. At the same time if the extent of your interest is limited to buying puts and calls, generating income through covered calls and maybe buying stocks at lower prices through short puts, this book should still be in your library. If you have enough money to feel comfortable with the...

United States on Oct 26, 2020

RENATO MONTEIRO OLINO: Não contando os livros que abusam da matemática (dos quais eu passo longe e não posso avaliar) esse é o mais completo que já li. Se tivesse que indicar um único livro sobre opções, seria esse, apesar de achar indispensável também a leitura do Dan Passarelli.

Brazil on Aug 14, 2020

Tio Bruto: Es un libro no apto para principiantes. No tiene visión de inversión a corto plazo. No es para vendedores de weekly's. Explica cada estrategia y las follow up actions e ideas de selección de posiciones. Creo que merece la pena.

Spain on Sep 25, 2014

Options as a Strategic Investment: Fifth Edition by Lawrence G. McMillan - Learn How to Maximize Your Returns University of Berkshire Hathaway: 30 Years of Investment Wisdom from Warren Buffett & Charlie Munger Learn the Basics of Covered Calls with Freeman Publications
Options as a Strategic Investment: Fifth Edition by Lawrence G. McMillan - Learn How to Maximize Your Returns University of Berkshire Hathaway: 30 Years of Investment Wisdom from Warren Buffett & Charlie Munger Learn the Basics of Covered Calls with Freeman Publications
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Total Reviews 36 reviews 154 reviews 118 reviews
Hardcover ‏ ‎ 1072 pages
ISBN-10 ‏ ‎ 0735204659
ISBN-13 ‏ ‎ 978-0735204652
Dimensions ‏ ‎ 7.76 x 5.08 x 0.1 inches
Customer Reviews 4.7/5 stars of 877 ratings 4.5 4.5 out of 5 stars 2,975 ratings var dpAcrHasRegisteredArcLinkClickAction; P.when.execute { if { dpAcrHasRegisteredArcLinkClickAction = true; A.declarative { if { ue.count || 0) + 1); } } ); } }); P.when.execute { A.declarative{ if { ue.count || 0) + 1); } }); }); 4.5 4.5 out of 5 stars 832 ratings var dpAcrHasRegisteredArcLinkClickAction; P.when.execute { if { dpAcrHasRegisteredArcLinkClickAction = true; A.declarative { if { ue.count || 0) + 1); } } ); } }); P.when.execute { A.declarative{ if { ue.count || 0) + 1); } }); });
Item Weight ‏ ‎ 6.3 ounces
Language ‏ ‎ English
Publisher ‏ ‎ Prentice Hall Press; 5th edition
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