trading in options geoffrey chamberlain

Your broker should have free publications explaining all option trades including terminology, costs, risks, and anything else you need to know. Just ask for them.

You can find many free articles and educational tools on the web. I would start by understanding the basic definition of calls and puts. Then understand breakeven graphs for option positions.

The generally used book to educate clerks on the trading floor of the CBOE is “Options Volatility and Pricing” by Natenberg. Some say it is a bit dry, but it covers alot of information. If I could only pick one book to teach a class with, that would be it.

Again, if you’re completely new – the basics are out on the web. Check out Larry McMillian’s books too. I just started an options mentoring program and have some basic introduction to option videos at.

Best advice for people that want to start options is not to read from books. They can be frustrating. Find simple ways like learning from experts. There are experts sharing experiences on the net.