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Avoiding Option Trading Traps

What to Look for and Strategies for Success
Narrated by: Ed Downs
Length: 1 hr and 34 mins
3.4 out of 5 stars (5 ratings)

Non-member price: $10.08

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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

What listeners say about Avoiding Option Trading Traps

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Audio of a presentation, not a book

This was good content but it refers to a presentation given in person. So you can't see any graphics

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Good listen

Good listen very informative and easy to follow. As a beginner to options trading I found this full of helpful tips.

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    2 out of 5 stars
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  • buyer26062
  • 18-06-2016

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.

4 people found this helpful

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  • Phil
  • 17-02-2018

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.

3 people found this helpful

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    3 out of 5 stars
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  • Kindle Customer
  • 08-10-2015

Good information

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

3 people found this helpful

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  • Eva Thomson
  • 07-09-2018

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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    3 out of 5 stars
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  • James W.
  • 24-04-2013

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.

4 people found this helpful

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  • marketstrader
  • 23-06-2017

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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  • Anonymous User
  • 02-05-2020

Seminar audio needs reference material

Very hard to follow explanations of charts when there is no link to charts anywhere. Unless you understand everything already it will be hard to follow this audio and be fully informed.

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  • Amazon Customer
  • 11-03-2017

Would be a great listen if accompanied by slides!

What made the experience of listening to Avoiding Option Trading Traps the most enjoyable?

Very good coverage of option trading pitfalls by an expert on the subject.

Any additional comments?

Larry is obviously speaking on slides/charts. A PDF of these slides to accompany the audio file would make this perfect.