Title: Very good book but not for novices.
Product review: One must know how to trade stocks prior to trading options.Trading options is a totally different animal. The information provided can only be applied to a market uptrending. A sudden movement or collapse of the securities held will wipe you out very quickly! One final note: if you open and close more than 4 positions in 5 business days, the SEC classifies you as a "pattern day trader". The latter requires a minimum of $25K in cash and securities. Margin account is therefore strongly recommended. Again, use caution and happy trading!
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