Preview
  • Avoiding Option Trading Traps

  • What to Look for and Strategies for Success
  • By: Lawrence G. McMillan
  • Narrated by: Ed Downs
  • Length: 1 hr and 34 mins
  • 3.8 out of 5 stars (61 ratings)

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Avoiding Option Trading Traps

By: Lawrence G. McMillan
Narrated by: Ed Downs
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Publisher's summary

Renowned author, Larry McMillan, shows you how to avoid the 5 most common - and costly - mistakes option traders make. Master his methods for using put-call ratios, picking the right option, and deciding how much to risk and so much more. McMillan shows you what to do in typical tough spots - and how to avoid them in the future. This audio is a "must-listen" for any investor looking to move beyond the realm of options theory - into the world of option profits.

©2005 Larry McMillan (P)2005 Larry McMillan
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What listeners say about Avoiding Option Trading Traps

Average customer ratings
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  • Overall
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    3 out of 5 stars

Great overview of key strategies

Great overview of key option trading strategies with clear explanation of what to be aware of.

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  • Overall
    4 out of 5 stars
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    4 out of 5 stars
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    4 out of 5 stars

Good Rules/Tips but..

Was a presentation that McMillan gave at a seminar. The information was good, but would be better if this was a video instead of just the audio. Having the visuals he referenced would’ve been more helpful.

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4 people found this helpful

  • Overall
    5 out of 5 stars
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    5 out of 5 stars
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    5 out of 5 stars

Excellent for option traders who has experience and wants to improve their game

Well recognized option trader shares his no-BS wisdom with clear respect to listeners time. Excellent, useful, hard-earned gems for practicing traders.

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  • Overall
    3 out of 5 stars
  • Performance
    2 out of 5 stars
  • Story
    3 out of 5 stars

Ok for a short listen

Would you recommend this book to a friend? Why or why not?

Hmmm, not sure. He noted a problem with almost every option trade, but didn't really note what would be best.. It was an ok listen.

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4 people found this helpful

  • Overall
    3 out of 5 stars
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    4 out of 5 stars
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    3 out of 5 stars

Good information

There's good information in this book. Some information is lost without the supporting visuals.

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4 people found this helpful

  • Overall
    2 out of 5 stars
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    2 out of 5 stars
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    2 out of 5 stars

Should be free on YouTube - not useful without graphics referenced

This is simply a convention style presentation that was recorded and called an “audiobook.” Hardly worth my time.

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  • Overall
    2 out of 5 stars

not a book, a recorded seminar

It's not an audio book. It's a recorded seminar in which the speaker is showing visuals and graphs. Not easy to follow when you can't see what he's speaking of.

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5 people found this helpful