Senin, 30 Juli 2012

[U549.Ebook] Download Ebook Non-Equilibrium Statistical Mechanics (Dover Books on Physics), by Ilya Prigogine

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Non-Equilibrium Statistical Mechanics (Dover Books on Physics), by Ilya Prigogine

Ilya Prigogine won the 1977 Nobel Prize in Chemistry for his contributions to non-equilibrium thermodynamics. This groundbreaking 1962 monograph, written for researchers and graduate students in this field, was his first book-length contribution to this subject.
Suitable for advanced undergraduates and graduate students in physics and chemistry, the treatment begins with examinations of the Liouville equation, anharmonic solids, and Brownian motion. Subsequent chapters explore weakly coupled gases, scattering theory and short-range forces, distribution functions and their diagrammatic representation, the time dependence of diagrams, the approach to equilibrium in ionized gases, and statistical hydrodynamics. Additional topics include general kinetic equations, general H-theorem, quantum mechanics, and irreversibility and invariants of motion. Appendices, a bibliography, list of symbols, and an index conclude the text.

  • Sales Rank: #355079 in Books
  • Published on: 2017-03-17
  • Released on: 2017-03-17
  • Original language: English
  • Dimensions: 8.90" h x .80" w x 5.90" l,
  • Binding: Paperback
  • 336 pages

About the Author
Russian-born Ilya Prigogine (1917–2003) taught at the Free University of Brussels, the University of Texas at Austin, and other institutions. For his work on non-equilibrium thermodynamics, and especially his work on dissipative structures, he won the 1977 Nobel Prize in Chemistry.

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0 of 1 people found the following review helpful.
Obviously an excellent book.
By james
Join Ilya as he takes you on an in depth adventure into the trials and tribulations of your own knowledge inside the subject. I can imagine that if I knew what any of he symbols meant that reading this would be just the same as having someone there with you writing on the matter exudes character. Obviously an excellent book.

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Sabtu, 28 Juli 2012

[E268.Ebook] Download PDF Boom Town Blues: Elliot Lake: Collapse and Revival in a Single-Industry Community, by Anne-Marie Mawhiney, Jane Pitblado

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Boom Town Blues: Elliot Lake: Collapse and Revival in a Single-Industry Community, by Anne-Marie Mawhiney, Jane Pitblado

Boom Town Blues: Collapse and Revival in a Single-Industry Community tells of the Northern Ontario city of Elliot Lake, once the uranium capital of the world, which was devastated by the closing of the uranium mines operated by Denison and Rio Algom.

The closures and mass layoffs were first announced in 1990 with the layoffs occurring from then until June 1996. Throughout the period after the layoffs were announced, several major research projects were undertaken. One, the Elliot Lake Tracking and Adjustment Study, follows approximately 1,000 of the laid-off miners and 530 of their spouses through their adjustment processes. Another, the Seniors Needs Assessment, examines the human resource and service needs of the increasing numbers of seniors moving to Elliot Lake as part of the community’s economic strategy. In addition to these social scientific studies, several land and environmental reclamation research projects have been undertaken.

Boom Town Blues: Collapse and Revival in a Single-Industry Community tells the reader about the results of these studies and gives a variety of community-based perspectives on the Elliot Lake story. The book highlights the struggles and successes of families and of the community as a whole. Boom Town Blues is about one community’s struggle to survive, to shift its economic base from mining to one where retirement living for seniors, mine decommissioning, and a community-based research facility would be among several economic survival strategies. The book is of interest to readers throughout Northern Ontario and, indeed, wherever single-industry towns are threatened by major shifting in their economic base and are struggling to survive. The book also provides an excellent case study for teachers, students, policy makers, and politicians.

  • Sales Rank: #2936062 in eBooks
  • Published on: 1999-09-01
  • Released on: 2012-12-05
  • Format: Kindle eBook

Review

Boom Town Blues: Collapse and Revival in a Single-Industry Community tells of the Northern Ontario city of Elliot Lake, once the uranium capital of the world, which was devastated by the closing of the uranium mines operated by Denison and Rio Algom. The closures and mass layoffs were first announced in 1990 with the layoffs occurring from then until June 1996. Throughout the period after the layoffs were announced, several major research projects were undertaken. One, the Elliot Lake Tracking and Adjustment Study, follows approximately 1,000 of the laid-off miners and 530 of their spouses through their adjustment processes. Another, the Seniors Needs Assessment, examines the human resource and service needs of the increasing numbers of seniors moving to Elliot Lake as part of the community’s economic strategy. In addition to these social scientific studies, several land and environmental reclamation research projects have been undertaken. Boom Town Blues: Collapse and Revival in a Single-Industry Community tells the reader about the results of these studies and gives a variety of community-based perspectives on the Elliot Lake story. The book highlights the struggles and successes of families and of the community as a whole. Boom Town Blues is about one community’s struggle to survive, to shift its economic base from mining to one where retirement living for seniors, mine decommissioning, and a community-based research facility would be among several economic survival strategies. The book is of interest to readers throughout Northern Ontario and, indeed, wherever single-industry towns are threatened by major shifting in their economic base and are struggling to survive. The book also provides an excellent case study for teachers, students, policy makers, and politicians.

About the Author

Anne-Marie Mawhiney, professor of social work at Laurentian University in Sudbury with a doctorate from York University, was director of the Institute of Northern Ontario Research and Development from 1991-1994 and from 1995-1997. She is a research principal with the Elliot Lake Tracking and Adjustment Study and editor of Rebirth: Political, Economic, and Social Development in First Nations.

Jane Pitblado has been projects coordinator at the Institute of Northern Ontario Research and Development since 1991. She has managed the compilation of several INORD publications, including Rebirth: Political, Economic, and Social Development in First Nations; Hard Lessons: The Mine Mill Union in the Canadian Labour Movement; and Changing Lives: Women in Northern Ontario, she recently graduated with an M.A. in Humanities at Laurentian University.

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Sabtu, 21 Juli 2012

[G911.Ebook] Download PDF Options for the Stock Investor: How to Use Options to Enhance and Protect Returns, by James Bittman

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Options for the Stock Investor: How to Use Options to Enhance and Protect Returns, by James Bittman

McGraw-Hill’s classic options bestseller, Options for the Stock Investor, has been updated to reflect changes in the options market. This extensively revised second edition features all-new material describing electronic trading, decimalization, and single stock futures, along with increasingly popular vehicles such as stock indexes, LEAPs, and exchangetraded funds.

  • Sales Rank: #989094 in Books
  • Published on: 2005-06-08
  • Original language: English
  • Number of items: 1
  • Dimensions: 9.20" h x 1.00" w x 6.20" l, 1.40 pounds
  • Binding: Paperback
  • 256 pages

From the Back Cover
[BACK COVER] [CATEGORY] Investing [CORNER CUT/READING LINE] Includes powerful Op-Eval4™ option analysis software [HEAD] Praise for the 1st Edition:

“The thoroughness of the coverage makes this exceptionally valuable reading for the … investor who’d like to add some sophistication in establishing and managing his stock holdings by using options.”

--Technical Analysis of Stocks and Commodities

[HEAD]

Straightforward option strategies that reduce your risk and increase your profit potential in virtually any investing or trading program

Options for the Stock Investor, Second Edition introduces you to the many ways you can use options to generate guaranteed cash flow, lower the cost basis of your stocks, increase your trading leverage and profit potential, and more.

Updated from its bestselling first edition to provide you with new option techniques and strategies, this comprehensive handbook explores:

  • Risk-reduction strategies for conservative investors, including buying calls and covered writing
  • Profit-generating strategies for aggressive traders, including vertical spreads, straddles, and strangles
  • Flexible strategies for improving your risk/return profile, including covered straddles, covered combos and ratio spreads

Options for the Stock Investor, Second Edition details how investors can use options to effectively control the risk of holding stock positions, and outlines aggressive strategies traders can use to improve their leverage and profit potential.

[FLAP COPY]

Over the past decade, the best selling Options for the Stock Investor has shown thousands of stock investors how to use options to protect their portfolios from bad earnings reports, management miscues, and other unexpected events. Over that same period, scores of new trading rules and products have made options more viable and valuable for trades as well as investors.

Options for the Stock Investor, Second Edition, is updated and expanded to detail the many ways in which options can help you improve your investing performance over both the short- and long-term. Featuring a number of new strategies you can use to enhance your investment performance, whatever your investment style, this hands-on guide provides you with:

  • Step-by-step explanations of what options are and how they work
  • Detailed examples of option behavior in a wide variety of market environments
  • Diagrams to help you visualize the profit or loss potential of every trade before you place it
  • Insights into the psychological differences between investing and trading
  • Examples of ratio spreads, and how they can be used as a “stock repair” for long positions or as a riskier, more high-profit, strategy for advanced traders
  • Strategies for using options to improve the performance of exchange-traded funds, stock indexes, LEAPS, and other popular investment vehicles
  • ---- ----- ----- [BOX]

    Op-Eval4™ software, provided free with Options for the Stock Investor, allows you to apply option-pricing formulas to options on individual stocks and indexes, and options that are subject to both American-style and European-Style exercise. The features and capabilities of this program increase the transparency of each option trade you make, allowing you to analyze option prices, calculate theoretical option values, graph numerous option only and option/stock strategies, and more.

    -------- ---------- --------------------

    An all-stock strategy has become far too uncertain for investors looking to improve stock market returns while protecting those returns, especially with the numerous risk-controlling tools that are available to those investors.

    Options are the most versatile and valuable of those tools. Options for the Stock investor, 2nd Edition, shows you how to master the mechanics of options, develop realistic expectations of options behavior in virtually every type of market, and incorporate the protection and profit potential of options into your overall trading and investing program.

    James Bittman is senior staff instructor at The Options Institute, the educational arm of the Chicago Board Options Exchange. He has been a successful options trader for more than two decades, and is the author of Trading Index Options, and Trading and Hedging with Agricultural Futures and Options and co-author of Options: Essential Concepts.

About the Author

James B. Bittman(Chicago, IL) is senior staff instructor at the Options Institute, the education arm of the Chicago Board Options Exchange, and the author of several influential books on options.

Most helpful customer reviews

20 of 21 people found the following review helpful.
Straightforward - the finest attribute of this book
By Dennis R. Jugan
I recently added "Options for the Stock Investor" to my financial trading and investment library, hoping it would keep its promise describing it as logically written in a systematic and straightforward manner. I'm pleased to say it HASN'T DISAPPOINTED.

Unfortunately, this book hasn't received the attention it deserves among the many books devoted primarily to intermediate options traders/investors. I've always felt that options were explained in a much too "matter of fact" manner, where the most practical information is inadvertently ignored, obscured or non-existent.

Anyone trying to learn stock options is arguably bombarded by fearful information and disorganized, incomplete explanations. This short but concentrated book cuts through the many counterintuitive aspects and implicit contradictions involving stock options.

Beginners need only go to the Investopedia and similar sites on the internet to reinforce the Introduction and supplement their exposure to the language of options.

I've seen some of the worst. This book ranks highly among the best.

3 of 3 people found the following review helpful.
Finally
By Fred Brown
James Bittman treats the subject of options like a college course, beginning with basics, testing, going on to creating graphs and charts, then to how to trade options and combine strategies to your complement your investing. I finally feel confident about when and how to use options.

1 of 1 people found the following review helpful.
A good book, the title says it.
By Falco del Fiume
The software that came with the book that allows one to price an option by the Option Pricing Model or a Spread up to four legs was worth the purchase price of the book. Mr. Bittman discusses options from the viewpoint of a stock investor a clear manner by cover topics of interest to a stock investor. Covered Calls, Married Puts. Stock Repair. Using LEAPS as a means for gift giving. He covers when to and when not to to use each of those strategies. The chapters end in a short test. I recommend not skipping the tests but repeating them until one gets each question right. I may have missed it, but I think paper trading is an important part of learning how to trade options.

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Selasa, 10 Juli 2012

[U270.Ebook] Free PDF The Dirt on Ninth Grave: A Novel (Charley Davidson Series), by Darynda Jones

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The Dirt on Ninth Grave: A Novel (Charley Davidson Series), by Darynda Jones

In a small village in New York Charley Davidson is living as Jane Doe, a girl with no memory of who she is or where she came from. So when she is working at a diner and slowly begins to realize she can see dead people, she's more than a little taken aback. Stranger still are the people entering her life. They seem to know things about her. Things they hide with lies and half-truths. Soon, she senses something far darker. A force that wants to cause her harm, she is sure of it. Her saving grace comes in the form of a new friend she feels she can confide in and the fry cook, a devastatingly handsome man whose smile is breathtaking and touch is scalding. He stays close, and she almost feels safe with him around.

But no one can outrun their past, and the more lies that swirl around her-even from her new and trusted friends-the more disoriented she becomes, until she is confronted by a man who claims to have been sent to kill her. Sent by the darkest force in the universe. A force that absolutely will not stop until she is dead. Thankfully, she has a Rottweiler. But that doesn't help in her quest to find her identity and recover what she's lost. That will take all her courage and a touch of the power she feels flowing like electricity through her veins. She almost feels sorry for him. The devil in blue jeans. The disarming fry cook who lies with every breath he takes. She will get to the bottom of what he knows if it kills her. Or him. Either way.

  • Sales Rank: #205557 in Books
  • Published on: 2016-01-12
  • Released on: 2016-01-12
  • Original language: English
  • Number of items: 1
  • Dimensions: 9.62" h x 1.16" w x 6.39" l, 1.00 pounds
  • Binding: Hardcover
  • 336 pages

From Publishers Weekly
Jones's fast-paced ninth Charley Davidson novel (after 2015's Eighth Grave after Dark) alternates between the comical and the mystical. Charley, who's suffering from amnesia and is known as Janey, has been working as a waitress at the Firelight Grill in the Hudson River town of Sleepy Hollow, N.Y. Unaware of her paranormal powers, Charley is perplexed by her ability to see dead people and understand multiple languages. Charley attempts to see the humor in her everyday life even as she feels the otherworldly forces around her. Meanwhile, she's attracted to customer Reyes Farrow and seeks to solve the mystery of the disappearance of the family of Mr. Vandenberg, a nearby shop owner. Fortunately, Charley's unexplained supernatural abilities prove beneficial to her amateur sleuthing efforts. Charley's adventures build to an apocalyptic conclusion that uncovers the true meaning of her life. Agent: Alexandra Machinist, ICM Partners. (Jan.)\n

Review

“Sexy, sassy...Jones's characters, both living and dead, are colorful and endearing.” ―The Associated Press on First Grave on the Right

“Jones's wickedly witty debut will delight.” ―Booklist (starred) on First Grave on the Right

“Jones perfectly balances humor and suspense...will leave readers eager for her next installment.” ―Publishers Weekly (starred review) on Second Grave on the Left

“Charlie continues to fascinate.” ―Booklist on Third Grave Dead Ahead

“Fourth Grave Beneath My Feet continues to blend paranormal, romance, and mystery better than any other contemporary work out there.” ―Heroes and Heartbreakers

“Jones has hit on the perfect recipe for a wisecracking, wickedly funny romp that is edged with truly chilling danger...sexy and mysterious.” ―RT Book Reviews on Fifth Grave Past the Light

“Delivers plenty of thrills and laughs, as well as a deliciously explosive climax.” ―Publisher’s Weekly on Sixth Grave on the Edge

“�bertalented Jones keeps stirring the pot and throwing in crazy new developments, guaranteed to keep her characters and readers zanily off balance.” ―RT Book Reviews on Sixth Grave on the Edge

“Hilarious, terrifying and poignant - a truly tremendous read!” ―RT Book Reviews (4 � stars) on Seventh Grave and No Body

“Seventh Grave and No Body is Charley at her finest!” ―Fresh Fiction

“Action, action, action, all encased in snappy, funny dialogue...Charley is a sassy, funny woman a reader cannot help but love.” ―Romance Reviews Today on Eighth Grave After Dark

“As always, there is plenty of the weird and wacky, but there is also a heaping dose of high-stakes drama and poignancy. This is one fantastic read!” ―RT Book Reveiws (4 � stars) on Eighth Grave After Dark

About the Author
New York Times and USA Today bestselling author DARYNDA JONES won a Golden Heart and a RITA for her manuscript First Grave on the Right. A born storyteller, she grew up spinning tales of dashing damsels and heroes in distress for any unfortunate soul who happened by, annoying man and beast alike. Darynda lives in the Land of Enchantment, also known as New Mexico, with her husband and two beautiful sons, the Mighty, Mighty Jones Boys.

Most helpful customer reviews

47 of 48 people found the following review helpful.
Mixed feelings on this one
By Jen (Red Hot Books)
I have very mixed feelings about this book. I love this series. I love the characters. The wit. The charm. The sexy and smoldering Reyes Farrow. And you can find all of those things in this book. So on one hand, I enjoyed it. I laughed. And I quickly warmed to amnesiac Charley, who --despite her memory loss-- is essentially the same loveable person she has been since book 1. The problem is that this book felt like total filler. Other than a couple of revelations at the very end, it's essentially a prop to get us from the explosive ending of Eighth Grave to whatever is coming next. A fact which I found both disappointing and frustrating.

The climax of the last book was heartbreaking. That it caused Charley to check out of her regular life and start over with a blank slate somewhere is kind of understandable. But this entire book is spent without Charley knowing who she is. It's too much. I spent the whole time waiting for her to remember her identity, which kept me from really buying in to the story. It was a distraction and it felt like we were spinning our wheels.

Charley's friends and family are all with her in the small town where she landed, keeping up the ruse that they don't know her history. Again, I have mixed feelings. I am glad they were present, because I love the relationships she has with Cookie, Uncle Bob, Swopes, and Osh. (And of course, Reyes goes without saying.) The interactions she has with them as "Janey Doerr" are virtually the same as she has as Charley, which is good in the sense that it's fun and familiar. But it's bad because it messed with my suspension of disbelief. That they all picked up their lives and created fake ones across the country. That their relationships with Charley play out the exactly same way when she doesn't know them. It's just too... convenient. This is a smart, snappy series that is great at surprising me. Here, it felt less so.

There is a side mystery involving a kidnapped family that was fair. It gave Charley a reason to sleuth but it was not tied to the bigger story as her mysteries usually are. Like everything else in the book, it felt forced in a way this series rarely is.

I wish I felt differently. Because Reyes is still loyal and delicious and damn near perfect. And Cookie may be the best sidekick ever. And Charley is still wonderful Charley no matter what name she goes by. I just want the rest of the magic back.

Rating: B-

34 of 36 people found the following review helpful.
Had Me Laughing, Had Me Worried, Had Me Engrossed To The Point There Would Be No Sleep
By Douglas C. Meeks
Note: This review might have minor spoilers but not really any more than the synopsis reveals.

I have been waiting for this book for 8 months and it felt like 8 years, the things that happened in the last book just blew my mind and then the ending left me trying to wrap my head around that book so I was waiting for this book to add something approaching normal back to this series …… and it did …. Well sort of normal.

This book is almost like a new series for a good part of the book because Charlie does not remember who/what she is or why she can see dead people.

The humor in this book is what I am going to remember for a long time, I laughed as much or more than I have reading most romantic comedies. Doing all this while a deadly serious plot unfolds around our heroine is a nice touch and shows why we keep reading this series, Charlie has a wicked sense of humor and add a bit of reckless detective and it makes for an exceptionally entertaining reading experience.

It should be mentioned that no cliffhanger is a real plus but she leaves us a small teaser which I assume will set the plot of the next book The Curse of Tenth Grave

Bottom Line: This book is a gem, the old amnesia ploy actually works great, it makes the book seem like a prequel in some respects and what really makes it exceptional is the cast of characters that are like family. All of them are there to help although if I had any complaints it might be wanting to see more of all of them but then again the story had to be handled perfectly or it would come across like one of those hundreds of amnesiac soap opera plots that are a joke these days. This is a slowly building plot with great humor and we get to see Charlie fall in love all over again. 5 Stars and once again she leaves us with a small teaser that will have us snatching up the next one as soon as we can get our hands on it.

19 of 20 people found the following review helpful.
Ms. Jones has done it again!
By PenKay
Charlotte “Charley” Davidson is far from home in Sleepy Hollow, NY. She has lost her memory and doesn’t have a clue about her life before four weeks ago when she woke up in an alley in Sleepy Hollow. Now she is calling herself Janey Doerr (Jane Doe is just too boring) and has developed a few friendships at the diner she is working at. Along with her new friends, she has her regulars (who is that Garret fellow and isn’t Reyes really a wonderful chunk of man?) and she has gotten to know her neighboring business owners. The only thing she knows for sure about her life is that she is different because she can see the dead and the world around her seems to be split into two distinct forms. And what is up with being a human lie detector? When she delivers lunch to one of her neighboring business friends, she realizes something is up. He acts nervous and strange people have taken up in this shop. She starts snooping and realizes he is being held hostage. She will stop at nothing to help him and his family. Sometimes not having a memory can be an asset. But, who will help her when things get too hot to handle?

I was really looking forward to this novel and dreading it at the same time. I’ve never been a really big fan of a main character developing amnesia and not knowing anything. But I should have known that Darynda Jones would pull it off. Charley was her normal self, bright, funny, and engaging. Usually by this time, I’m starting to get a little tired of a series. Not this one. I feel like we’ve started a new arc in the series, and things still feel fresh. In some ways, I feel that Charley has grown up a bit in this book, too. She was never that immature, but a still see a little growth. I am more than ready for the next book. This whole series has been a joy to read, and I am still looking forward to the next one. Do yourself a favor and read the entire series. You will not regret it. I have recommended the series to many people and all love it. Don’t miss this one!

Thanks to NetGalley and St. Martin’s Press Books for the free ebook in exchange for an honest review. This review is also posted on Goodreads.

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Kamis, 05 Juli 2012

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  • Sales Rank: #8223558 in Books
  • Binding: Hardcover

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Understanding Options, by Michael Sincere

Did you know you can use options to make money every month or every quarter? And you can use options as insurance, for example, to protect your stock portfolio. And if, on occasion, you wanted to speculate, you could leverage your money to double or triple your profits. It will cost you a lot less than if you bought stocks. And finally, if you like to short stocks, it can be safer to use option strategies than to use the stock market.�
Speaking of safety, with most option strategies you know how much you can lose in advance. If used properly, options can be used by all investors and traders to generate income, for insurance, and to speculate.�
By�the time you finish this book, you should have a good idea what options can do for you and whether you want to participate.�This jargon-free book is written by Michael Sincere, the author of�All About Market Indicators�(McGraw-Hill)�Understanding Stocks�2E (McGraw-Hill), and Start Day Trading Now (Adams Media).�
Table of Contents Part 1: What You Need to Know First

Part 2: Selling Covered Calls

Part 3: How to Buy Calls

Part 4: How to Buy Puts

Part 5: Advanced Options Strategies

Part 6: Uncommon Advice

  • Sales Rank: #130668 in Books
  • Published on: 2006-09-22
  • Original language: English
  • Number of items: 1
  • Dimensions: 8.40" h x .60" w x 5.50" l, .62 pounds
  • Binding: Paperback
  • 240 pages

Review
Interview with Michael Sincere about his book,�Understanding Options:�
bit.ly/D8CZG --The Writer's Coin

Review of Understanding Options�bit.ly/mh6qs8--My $10,000

Review of Understanding Options:
bit.ly/yzt53I--Stockinvestingsimplified

From the Author
Michael Sincere is a columnist and the author of several books on investing and trading including Understanding Stocks (McGraw-Hill), All About Market Indicators (McGraw-Hill), and Start Day Trading Now (Adams Media).�
Sincere also writes a monthly column for MarketWatch.com, "The Long-Term Trader," and has been interviewed on dozens of national radio programs. He has appeared on several financial news programs such as CNBC and ABC's�World News Now�to talk about his books.
You can learn more about Sincere at michaelsincere.com.

From the Back Cover
"Mike Sincere has been able to take a very complex subject, option trading, and detail it into an understandable book that may become the model for textbooks for teaching the basics. The flow of the book makes all readers eager to learn more and to approach options with an understanding of the investment vehicle."
-MARK D. COOK, developer of the Cook Cumulative Tick and winner of the Options Division of the U.S. Investing Championship

"To me, the best books in the financial industry include topics that are well organized, have a reader-friendly style, and are filled with timely, compelling content. Understanding Options definitely meets these criteria. Michael Sincere's Understanding Options deserves a place in every investor's library."
-TONI TURNER, best-selling author of A Beginner's Guide to Day Trading Online, A Beginner's Guide to Short-Term Trading, and Short-Term Trading in the New Stock Market

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73 of 76 people found the following review helpful.
For every level investor
By Borealis
I read Sincere's first edition of this book years ago - and never bothered much with options, Certainly not the more advanced strategies. As I readdressed options recently, it became clear that this new edition was mandatory. Things change in the investment world - especially electronic trades - very rapidly.

Sincere's style of writing is clear, concise and very easy to read and follow. Terminology is explained in simple terms - he does a good job of assuring the reader that one will not get boggled in technical terms. As he says ... one doesn't need to understand a combustable engine to drive a car.

Sincere develops the chapters very well, progressing from topic to topic in an understandable and fluid manner.

As he suggests, one must be familiar with stocks, the market, and trading in general, before reading this book. There are many stock market and investment books available as primers, including one by the same author. Read and know investing before you start this book.

Understanding Options is a primer for the beginning option investor, as refresher for the more experienced, and covers very technical and advanced strategies for the seasoned investor.

My first edition - being in book form - is highlighted and dog eared. This edition I bought electronic - easy to read and many links are included which make it nicer to move within the volume to various topics. Of course it can still be 'page marked' and sections saved and highlighted for rereads.

5 of 5 people found the following review helpful.
Great for Beginners
By D.R. Smit
I own both editions of Understanding Options by Michael Sincere. The second edition does add more relevant information. Let me tell you what this book is: it's a good thorough primer for beginning options traders. It explains what options are, how they work, fundamental definition/concepts, and the common strategies that are most widely used among option traders. Sincere presents this basic, albeit sometimes complex, material in a easy-to-understand format. He keeps things moving at a nice pace also that doesn't drag too much.

What this book does not and is not suppose to do is teach you the way to trade options. You might understand options better by reading this book but do not think for a moment that, if you're new to the market and haven't yet mastered stock investing and trading, that for one second you'll get rich quick by reading this book. Options, after all, are derivatives of the underlying security. If you don't understand how to profit from the underlying then you're definitely not going to do well trading derivatives.

Overall, it is definitely one of the better books I have read (and I've read quite a few) on basic and fundamental options education.

20 of 21 people found the following review helpful.
Great starter book
By Charlie
If you are new to option trading, this is THE book for you. The way the data is presented is easy to relate to and he gives examples complete with charts. He has suggestions as well. I've been trading stocks and bonds for decades but I want to get into options and this is the best way to start. When you sign up, your broker sends you a booklet that goes into detail about the risks of options, but leaves very much to be desired. The Sincere book fills in the gaps big time. I highly recommend the book.

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