The Professional Option Trader's Manual by John Sweeney
Author: David L. Caplan
Publisher: Opportunities in Options P.O. Box 2126 Malibu, CA, 90265
Price: $70 (or $150 with a three-month subscription to Opportunities in Options)
Despite its name, this is a book for beginners in the options world and particularly for futures traders.
Professionals who might, indeed, be using the techniques discussed here will know them well enough to
forego this review.
Nevertheless, this book has value as an attempt to take the typical options trader past the usual pestholes
(generally, buying options) and get them to use multi-option positions which minimize risk while
providing intriguing returns on margin— not that margin is too closely explained here.