What is a good book that explains some basic stock options strategies for a novice trader? 


Quote from NoMoreOptions:
I am sorry for not being really helpful in the way you want. But I think you will remember my words one day sooner or later. Do not, I repeat, do not touch options in the open market. Do not buy options book. Do not pay options service. Use free information to learn options. Observe the tricks is more important than actually doing it using expensive software and risk your cash any way you play it.

Quote from canyonman00:
I have been playing options for over ten years now. Both commodity and stock. I was generally inquiring from some experienced traders and readers here to see if there were any reference book type of things that they have used to learn some basic strategies. It is for my own personal "FYI" library. I am looking to add a few quality books to the mixture. Remember your words? Why? And yes I can find a ton of free things. But that is not my goal in this instance. Thanks for your effort.![]()
Quote from NoMoreOptions:
Ahh, why didyou ask about options books if you have traded options for ten years? Back to basics?

Quote from gdtrader:
Options as a Strategic Investment
by Lawrence G. McMillan
is the best book for this. It a bit dense but take the strategies that you like you dont have to read the whole book. Remember you must know how stocks move before you play with options.
