Understanding Options

Do you trade options? If I had a dollar for every time someone asked me that, I would be able to afford that dream house in Kauai by now. As many of you already know, options aren't "my thing." I'm a stock guy. I always have been, and probably always will be.

However, I do realize that a growing number of you desire to learn more about options and frankly a basic understanding of how they work is an absolute must for everyone, even if you never intend to go that route in your own trading/investing. A book just out by Michael Sincere, called Understanding Options, is a very good choice. It is short, to the point, and I think offers a great primer for those of you who are new to options market. I skimmed over it in a couple of hours last night and I learned a few things. :)