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Title: Trading Options to Win: Profitable Strategies and Tactics for Any Trader by S. A. Johnston, Stuart Johnston ISBN: 0-471-22685-8 Publisher: Wiley Pub. Date: May, 2003 Format: Hardcover Volumes: 1 List Price(USD): $49.95

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Average Customer Rating: 4 (4 reviews)

Rating: 4
Summary: A Rare Find for the Option Writer
Comment: First, the problems. He takes awhile to get to his point. You need to get past his cute phrases and chatty style. Second, I use chapter and section headings to help me through a book. His headings a worse than useless. For example, one chapter heading is "Just the Facts, Ma'am".

Getting past all of that, I found my efforts well rewarded. He truly comes up with very original insights into trading. He examines risk from a unique perspective. His ideas on option writing cannot be found in any other book I have seen.

For example, most traders use seasonality to find market trends. His chapter on using seasonality to predict non-trending, choppy markets (important for the option writer) is truly a classic. He sees, smells, and thinks about how the option writer can make money in the markets, and I have found no other book with such real world trading ideas.

If you sell options, this is a must read.

Rating: 2
Summary: Major Disappointment
Comment: The high reviews inspired me to purchase this book...but the contents are very general and the title consequently is very misleading...it doesn't teach anything about trading techniques...it's almost exclusively a book about trading psychology.

Rating: 5
Summary: Practical Solutions for the Options Trader
Comment: When you want to set up a spread, which options set should you use ? out of money, in the money or at the money ? When your trade is not going your way, what kind of damage control is possible ? If you want answers to such practical questions, then this book is for you. All traders in options should read this book. While the book refers to options on futures, traders in stock options should find many useful concepts - as I did.
Persons new to options will probably read this book once they have gone through some introductory text.

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