MDWoptions
Options Education for the Individual Investor
             

Options Education for the Individual Investor


It's more than a tag line - it's our mission.

This site is dedicated to providing investors with the knowledge and tools required to make money with options.


Does investing in today's stock market concern you? Are you afraid to miss out on potential profits if the market soars? At the same time are you worried that recession is at hand and that the markets may tumble?

Would you like to participate in the stock market, but with less risk? Options are for you.


We take options education seriously and believe it's important to learn how to use options to reduce the risk of investing, and to do that it's crucial to understand how options work. That's why we place such emphasis on helping you with an education that includes the basics. It's easy to jump right in with money-making strategies, but, the truth is that unless you really understand what an option is and how an option works, the chances of doing well over the longer term are diminished.


The Rookies Guide to Options is an introduction to options (including the essential basic information that many authors omit) for people with little or no experience using options. You will learn six basic strategies that will enhance your investing profits. But, more importantly, you will discover how to maintain the value of your portfolio by learning important risk management skills.

This book will be useful for years to come because it includes some more advanced topics, allowing you to increase your options knowledge, and thus, your profitability, as you gain experience.

Anxious to get started? Take a look at the page devoted to the most basic concepts of options.


The Rookie's Guide to Options:
The Beginner's Handbook of Trading Equity Options

**To buy the book at a discount, enter code: 3WMWRG here.**

The Rookie's Guide Front
The Rookie's Guide Back


Published by W&A Publishing
W&A

Click image to enlarge cover.

Click new image to read back cover.

Buy directly from the publisher. (Click 'shop' in upper left, then 'current catalog.'

Enter code for a 15% discount: 3WMWRG


Or, you can buy the book at Amazon.com.

The Rookie's Guide to Options provides the investor with a thorough options education. It contains everything you need to know to begin making money with options.

Six basic strategies are taught in detail:

  • Covered call writing
  • Collars
  • Cash-secured put writing
  • Put credit spreads
  • Iron condors
  • Double diagonals

Many strategies can be used when trading options. To succeed over the long-term, risk management is an essential skill. The Rookie's Guide explains how to manage the risk of each strategy, making it much more likely that you will keep your profits.

This book teaches you how to think as a successful, experienced trader thinks. When you decide to open a position, there's seldom a 'best' option (or spread) that suits every investor. You will learn:

  • How to select options that suit your investment style and tolerance for risk, allowing you to find, and remain within, your comfort zone.
  • How to choose which specific option to trade for a given strategy
  • How to adjust a position, when necessary, to reduce risk.
  • How (and why) to consider buying portfolio insurance - before it's needed.
We don't teach you how to use a strategy and then leave you stranded to figure out what to do next. The Rookie's Guide to Options shows you how to think about a position. How to make the initial trade, how to adjust (if necessary) and how to close a position.

If you trade index options rather than options on individual stocks, The Rookie's Guide to Options explains the crucial characteristics of these European style options that makes them very different from the more common American style options. We'll show you the simple step you can take to eliminate the extra risk associated with trading index options.

Questions about the new book? Send mail to rookies@mdwoptions.com

If you have general questions about using options, please visit bivio.com where I answer questions from readers.

We've been in the news recently. Checkout our new page of press releases: here.

If you landed here searching for seminars that cost thousands of dollars and make many promises, look elsewhere. We emphasize teaching you how to make money by hedging (reducing the risk of owning) your stock market investments.

We conduct reasonably priced seminars that are geared to your specific needs and arranged to suit your schedule.

We've written 3 books for investors who want to learn about options. "The Rookie's Guide to Options," our newest book, was released in early 2008.

  • The Short Book on Options was written as an introduction for investors who are learning about options for the first time. It teaches the most basic concepts and includes a detailed discussion of one conservative strategy.

  • Create Your Own Hedge Fund covers two basic strategies and shows the reader how to think about and execute trades using those strategies.

    • Create Your Own Hedge Fund: Increase Profits and Reduce Risk With ETFs & Options. (2005)

    Front Cover    

       Published by John Wiley & Sons

       Read more about the book.

        Buy the book from Amazon.com.






    The Short Book on Options: A Conservative Strategy for the Buy and Hold Investor

    Front Cover   Click image to see both front and back covers

       Read more about the book.

       Buy the book . Price: $13.95
            Free Shipping to U.S and Canada.

       Buy the e-book;  Price $3.95

    Buy the book at Amazon.com.


    Most beginners love the gambling aspect of buying options and many so-called option experts tell investors that buying options represents the road to riches. Beware. It's very difficult (not impossible, but it is difficult) to consistently make money when buying options.

    We show you how to adopt conservative options strategies to