Beginner..All advice welcome

Don't bother. The spreads are wide, and ultimately the only way to make money is directionally. Trading the fifth derivative of volatility is great for your broker, nobody else.
 
Read Hull and do every math problem. Keep in mind, the hardest part is going from learning about options theoretically, to implementation. Good luck.
 
From the books above, read Wolfinger, then start reading McMillan. You can skip around in McMillan and read what interests you.

Start by trading 1 or 2 contracts at a time and until you understand how options behave. Study option chains (www.optionistics.com).
 
Quote from billyjoerob:

Don't bother. The spreads are wide, and ultimately the only way to make money is directionally. Trading the fifth derivative of volatility is great for your broker, nobody else.
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I would have to agree.
OP, investigate LEAPS and selling naked puts which are both very viable and potentially profitable for the retail trader
 
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