Average Reviews:
(More customer reviews)I think its an OK book (yawn), do not get me wrong, but nothing special for that price.
I would return it but I opened the CD... Bummer! And to say the least, there is nothing special in that software either! They could have have you download the package (its tiny) but a CD looks great and once your book lost its "CD virginity" you cannot return it... Sleek, but cheap.
The bottomline you do not need this CD. There are tonnes of free software that can do the same and better. Any good options trading free platform (Thinkorswim, TD Ameritrade, OptionMonster, OptionsExpress, etc.) have much better capabilities plus you can actually demo use thir full capabilities in real time. This software, on the other hand, gives you a feeling that it was developed in 1980-ies, with very little regard for convenience. It cannot pull things from the internet, like other software, it does not allow you to compare things... It claims that it has "unique capability" to calculate the possibilities of "touching", etc, which is laughable, because its not unique at all! Most of the free platforms have it even in demo versions for "paper trading"and much more... If you want a standalone package check out free OptionsOracle, as an example. The book's software the Op-Eval PRO, uses very minimal graphic capabilities and gives an appearance of something "schlepped together" in a couple of days... In short - there is nothing "Pro" about both the book and the software, sorry. I would have given a book the 3 stars if there would be no software in it at all.
However the book itself grabs your attention from time to time, gives good examples of trades and trade adjustments. But this is not an advanced book, let alone a book for market makers of anything remotely "professional". I guess it would be a good and thorough intermediate book if it would be better illustrated and use better explanation approach, but to claim to be an advanced book (let alone for professionals and market makers) it has to be o-oo, so much, much more...
Those who want a real adventure into options check out Maestro Charles Cottle's books! That will keep your brain occupied for a while and you will find yourself coming back again and again and finding more and more there as you progress as a trader... Just to make it clear, I am not affiliated with Charles in any way, except having his picture right in front of me on my trading desk and having many conversations with him while I am asleep :)
Options Trading: The Hidden Reality ("Options: Perception and Deception" & "Coulda Woulda Shoulda" revised & expanded, Printed in Color)
BTW, I think Mr. Bittman, the author of this book is very knowledgeable, his definitions are precise and I never stumbled on any errors, which are numerous in many other books on options. But knowing a subject and making a book about it interesting and thought-provoking are not the same. McGraw Hill is usually very good at publishing such books, I almost never hesitate to buy anything they publish.
So, it gives me no pleasure whatsoever to leave a negative review in this case and I much hesitated before I finally posted it and I sincerely apologize if I insulted the author (but not the programmer, I actually feel insulted myself by the quality of the program sold inside a book that claims to be written for professionals and market makers!)
So may be I am wrong.
But this is my honest opinion.
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Trading Options as a Professional: Techniques for Market Makers and Experienced Traders
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