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Understanding Options 2E, 2nd Edition by Michael Sincere

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Preface

A Much Improved Options Book

Because of the success of the first edition of Understanding Options, my editor at McGraw-Hill asked me to write a second edition. I want to thank the thousands of readers who bought my book and wrote to me with suggestions. Because of their ideas, this second edition is even better.

I listened to the readers who wrote and said they wanted to learn more about intermediate and advanced strategies. In this edition, I added chapters on exercise and assignment, collars, writing cash-secured puts, buying straddles and strangles, the Greeks, implied volatility, protective puts, and spreads. I also included advanced strategies such as iron condors, calendar spreads, the butterfly spread, and trading options on exchange-traded ...

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