A BETTER OPTION: Strategies for Stocks, Options, and Futures Trading. Interactive Financial a global investment manager, teaches readers how to use the versatile, risk-reducing investing tool, the stock option. Step-by-step instructions on making, managing and exiting trades. The emphasis is on getting the reader to understand how options work. There are no rules to memorize, just plain common sense ideas. The lessons follow in logical order, with each based on knowledge acquired in earlier chapters. Basic option and Bonds strategies are covered. Learn why the commonly used strategy of buying options for speculation is far too risky for all but the most sophisticated traders and why it is an inappropriate strategy for newcomers to the option's world. Learn to adopt strategies with limited risk but which come with a high probability of earning profits. This book contains all the information that a new trader has to know before getting started with options, You will keep this book handy as a reference as you gain trading experience and a better understanding of how to use options effectively.