# Recomend a book on Options

**URL:** <https://boards.straightdope.com/t/recomend-a-book-on-options/599348>\
**Category:** In My Humble Opinion\
**Created:** [October 11, 2011, 9:46pm UTC](https://boards.straightdope.com/t/recomend-a-book-on-options/599348 "2011-10-11T21:46:25Z")\
**Posts on this page:** 6\
**Page:** 1

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**Author:** ![fifty-six](https://avatars.discourse-cdn.com/v4/letter/f/5daacb/32.png) [@fifty-six](https://boards.straightdope.com/u/fifty-six)\
**Post date:** [October 11, 2011, 9:46pm UTC](https://boards.straightdope.com/t/recomend-a-book-on-options/599348/1 "2011-10-11T21:46:25Z")

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I have some spare money and wish to do my part for #occupy wall street.

I have in the past really enjoyed trading stocks. Mostly as a stimulating hobby. I have a good broker and simple stock trading and short selling are firmly in my grasp.

I have have made some attempts at teaching myself about options, futures and comodities via the internet. I still hardly know what the hell is going on. Is there a single book or a few books that would help my understanding.

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**Author:** ![ultrafilter](https://avatars.discourse-cdn.com/v4/letter/u/3d9bf3/32.png) [@ultrafilter](https://boards.straightdope.com/u/ultrafilter)\
**Post date:** [October 11, 2011, 10:44pm UTC](https://boards.straightdope.com/t/recomend-a-book-on-options/599348/2 "2011-10-11T22:44:00Z")

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Maybe I’m just out of touch, but how exactly is buying options doing something for the Occupy Wall Street movement?

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**Author:** ![fifty-six](https://avatars.discourse-cdn.com/v4/letter/f/5daacb/32.png) [@fifty-six](https://boards.straightdope.com/u/fifty-six)\
**Post date:** [October 11, 2011, 11:07pm UTC](https://boards.straightdope.com/t/recomend-a-book-on-options/599348/3 "2011-10-11T23:07:55Z")

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I do not wish to siderail my own thread but could someone please recomend me a book on humor as well.

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**Author:** ![nivlac](https://avatars.discourse-cdn.com/v4/letter/n/3bc359/32.png) [@nivlac](https://boards.straightdope.com/u/nivlac)\
**Post date:** [October 11, 2011, 11:09pm UTC](https://boards.straightdope.com/t/recomend-a-book-on-options/599348/4 "2011-10-11T23:09:17Z")

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Book I learned from is [this one](http://www.amazon.com/Options-Futures-Other-Derivatives-John/dp/0132164949/ref=sr_1_3?ie=UTF8&qid=1318374355&sr=8-3) by Hull, but it was a much earlier edition. I don’t suppose that the math has changed any.

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**Author:** ![nivlac](https://avatars.discourse-cdn.com/v4/letter/n/3bc359/32.png) [@nivlac](https://boards.straightdope.com/u/nivlac)\
**Post date:** [October 11, 2011, 11:23pm UTC](https://boards.straightdope.com/t/recomend-a-book-on-options/599348/5 "2011-10-11T23:23:03Z")

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Again, glancing at the bookcase I see _Isaac Asimov’s Treasury of Humor_. Always good for a laugh, well, maybe a grin. Jokes are fairly clean. He even gives advice on how to tell the jokes or anecdotes! But remember that these are Asimov’s kinds of jokes.

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**Author:** ![ultrafilter](https://avatars.discourse-cdn.com/v4/letter/u/3d9bf3/32.png) [@ultrafilter](https://boards.straightdope.com/u/ultrafilter)\
**Post date:** [October 11, 2011, 11:45pm UTC](https://boards.straightdope.com/t/recomend-a-book-on-options/599348/6 "2011-10-11T23:45:59Z")

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> [@fifty-six](#):
>
> I do not wish to siderail my own thread but could someone please recomend me a book on humor as well.

Obvious as it might be to you that it was a joke, I can guarantee you there’s someone out there who takes it seriously. Anyway, there’s a glut of books out there, but you can mostly divide them into the more mathematical treatments and the less mathematical. Hull’s book is a classic, but it may be a little too mathy for the average investor. I like McDonald’s “Fundamentals of Derivatives Markets” as a less mathy treatment, but that’s pretty damn expensive. Maybe you can buy it used, or get it through the library?
