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Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?

To: jeremy_atticus who wrote (5188)	2/26/2000 1:22:00 PM
From: techguerrilla	Read Replies (2) \| Respond to of 35685

Jeremy, Preparation I didn't know anything about options either until I read Michael C. Thomsett's Getting Started in Options (John Wiley & Sons, Inc., 3d ed., 1997). It was a great primer. Taught me about calls and puts. Deltas. How they're priced. I came away with the conclusion that the sellers are the BANK and that selling them could be a very "conservative," yet steady way to make money. Buying calls can be a great casino "moonshot" once in a while. But a steady diet is nerve-wracking. Thomsett's book is only 280 pages and can be read over a weekend. I did. The classic is Lawrence G. McMillan's, McMillan on Options (John Wiley & Sons, Inc., 1996). I'm reading it now (550 pages). Gets into volatility and other serious issues. It's pretty intense, but damn enlightening. See you in class, cyberbuddy, John