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ranked #61,219 most helpful out of 571,544,897 reviews
★☆☆☆☆
Unfortunate tome from the Najarians.
A more simple book on options would be difficult to write. This book is not about how the Najarians trade options - it's their attempt to use their public persona to sell something. In 1994 Sheldon Natenburg released "Option Volatility & Pricing: Advanced Trading Strategies and Techniques". I read it then and have used it's timeless knowledge to trade derivatives, equities and futures with great success. The Najarian book is basically an an out-take of the introductory components of Natenburg's work. But, there is more ! Not only is this book useless to any serious trader, it's actually a bait and switch - it comes with two offers - 1. Buy an expensive monthly membership to OptionMonster to get the "real scoop", or you can hire a very expensive "advisor" who has been "vetted" by the twins and is eager to tell you how to win in the markets - if you are willing to pay up front. No kidding gang. I called the sales line and someone in a call center in North Dakota (not Chicago) answered. I was willing to invest to know if one of these "coaches" could tell something I didn't know. Of course, I requested the audited financial statements of the "coaches" to see who was really winning, but unfortunately there were none to be found - not any proof that the coaches were financially successful. So - bottom line - if you want to look at two middle-aged dudes with ponytails then buy the book and frame it. If you want to learn about options you'll need to look elsewhere. Remember the one constant in the markets - "Those who speak don't know, and those who know don't speak".
April 2014 · Books
the product in question
How We Trade Options Building Wealth, Creating Income and Reducing Risk
4.1★ · 200 ratings, as of 2023
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