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[Bird of Prey]

Got any advice or suggested reading for novice in trading Options?


Absolutely!

"McMillan on Options" and "Options as a Strategic Investment" by Lawrence G. McMillan are not only required reading, but a must have for anyone serious about options investing. I also recommend Scott H. Fullman's, "Options: A Personal Seminar" and "The Complete Option Player" by Kenneth R. Trester.

Lastly, if one is asking the question "What the heck is 'Trading Options'?" (extreme novice) I recommend (with caution) that you pick up a copy of "The Wall Street Money Machine" by Wade Cook. While Mr. Cook, IMNSHO, is more about selling books and seminars than investing. He does do a remarkable job of simplifying option investing strategies and explaining them in easily understood terms. Pick up the book and read chapters 7 through 12.

Note: Next Ibox update will include links to acquire these and several other books on my recommended Investment Reading List.

The Bird of Prey