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Strategies & Market Trends : Advanced Option Strategies -- Ignore unavailable to you. Want to Upgrade?

To: Chuck Molinary who wrote (41)	7/17/1998 7:18:00 PM
From: Tom K.	Read Replies (1) \| Respond to of 355

<< ... how would you rate Roth's "LEAPS" book?>> Chuck, I guess that it would depend on your base of knowledge about options. I didn't get a lot out of it because LEAPs are really just long term options and McMillan does a good job on the basics and usage. The significance to LEAPs is that the "long term" creates a different behavior which you can then use to advantage if you know how.... using LEAPs in place of stock is an example. As the calendar moves closer, the LEAP gets converted to a traditional option. I put this with my set of books that I use primarily for reference, so this one is good to have on the shelf.... I give it a 7. If you do purchase it, note his vocabulary... he uses words that I had trouble finding in the dictionary.... and that detracted from the message he was trying to convey. Tom