---
product_id: 6966397
title: "Understanding Options 2E"
price: "COP 95529"
currency: COP
in_stock: true
reviews_count: 13
url: https://www.desertcart.co/products/6966397-understanding-options-2e
store_origin: CO
region: Colombia
---

# Understanding Options 2E

**Price:** COP 95529
**Availability:** ✅ In Stock

## Quick Answers

- **What is this?** Understanding Options 2E
- **How much does it cost?** COP 95529 with free shipping
- **Is it available?** Yes, in stock and ready to ship
- **Where can I buy it?** [www.desertcart.co](https://www.desertcart.co/products/6966397-understanding-options-2e)

## Best For

- Customers looking for quality international products

## Why This Product

- Free international shipping included
- Worldwide delivery with tracking
- 15-day hassle-free returns

## Description

The options investing bestseller—updated with new facts, charts, and strategies to help you beat today’s tough markets This new edition of Understanding Options provides all the basics you need to get started in the increasingly popular options market. Important new material includes overcoming assignment anxiety, LEAPS, the Greeks, protective and married puts, the collar, credit and debit spreads, straddles, the strangle, and options tips. Michael Sincere is a full-time columnist, writer, and author of numerous books, including Understanding Stocks and All About Market Indicators.

Review: Really really great for my needs - I have been investing in common stocks, ETFs and mutual funds for a few years, but options were always intimidating. I have searched and read many “free” articles and pieces online. But nothing I have found put the whole package together for me and nothing I found breaks down actually how to make an options trade. UNTIL NOW… I received this book thinking ok, I will skim through and see what I can learn… but WOW, it actually is exactly what I have been searching for. I sat down and couldn’t peel away from this book today. As a true beginner, this book is written so clearly and the author has done a phenomenal job articulating what is perceived as a complex topic into terms and explanations I could read and understand. Granted, I have read plenty of other articles online, so had a basic understanding already, but this clarifies so much for me and validates what I thought I knew. I agree with some reviews that this is not for those who have been trading options for years. This is not a book about how to put your actual personal strategy together. This book teaches what options are, how they work, how you place a trade (literally step by step) and some risks that accompany them, but also some very practical advice for beginners. I say if you are a new options trader or simply considering it, this book is a great and cheap place to start.
Review: Mr. Sincere is a natural teacher... - The teaching techniques used in this book are superb, engaging the reader with multiple examples tying every-day real life experiences to trading strategies and techniques. Complexity of the material is presented step-by-step, each new topic building slowly on the last. The author is humorous, self-deprecating, and obviously has thorough and practical knowledge of the options market. You get the sense reading this book that Mr. Sincere cares deeply about his readers losing money; at every opportunity he points out potential dangers, and minces no words describing how quickly a portfolio can be lost. The print quality is excellent. Fonts are comfortably large enough to be legible, and graphics are crystal clear and legible as well. If you are a new trader, or one with limited experience, you could not find a better primer than this one. An experienced trader might find the information too basic, and yet there are gems of wisdom to be found even for the old hand.

## Technical Specifications

| Specification | Value |
|---------------|-------|
| Best Sellers Rank | #21,551 in Books ( See Top 100 in Books ) #8 in Options Trading (Books) #9 in Online Trading & Investing #49 in Stock Market Investing (Books) |
| Customer Reviews | 4.6 out of 5 stars 1,369 Reviews |

## Images

![Understanding Options 2E - Image 1](https://m.media-amazon.com/images/I/81e8N6yGJ8L.jpg)

## Customer Reviews

### ⭐⭐⭐⭐⭐ Really really great for my needs
*by M***S on September 26, 2021*

I have been investing in common stocks, ETFs and mutual funds for a few years, but options were always intimidating. I have searched and read many “free” articles and pieces online. But nothing I have found put the whole package together for me and nothing I found breaks down actually how to make an options trade. UNTIL NOW… I received this book thinking ok, I will skim through and see what I can learn… but WOW, it actually is exactly what I have been searching for. I sat down and couldn’t peel away from this book today. As a true beginner, this book is written so clearly and the author has done a phenomenal job articulating what is perceived as a complex topic into terms and explanations I could read and understand. Granted, I have read plenty of other articles online, so had a basic understanding already, but this clarifies so much for me and validates what I thought I knew. I agree with some reviews that this is not for those who have been trading options for years. This is not a book about how to put your actual personal strategy together. This book teaches what options are, how they work, how you place a trade (literally step by step) and some risks that accompany them, but also some very practical advice for beginners. I say if you are a new options trader or simply considering it, this book is a great and cheap place to start.

### ⭐⭐⭐⭐⭐ Mr. Sincere is a natural teacher...
*by E***R on May 21, 2022*

The teaching techniques used in this book are superb, engaging the reader with multiple examples tying every-day real life experiences to trading strategies and techniques. Complexity of the material is presented step-by-step, each new topic building slowly on the last. The author is humorous, self-deprecating, and obviously has thorough and practical knowledge of the options market. You get the sense reading this book that Mr. Sincere cares deeply about his readers losing money; at every opportunity he points out potential dangers, and minces no words describing how quickly a portfolio can be lost. The print quality is excellent. Fonts are comfortably large enough to be legible, and graphics are crystal clear and legible as well. If you are a new trader, or one with limited experience, you could not find a better primer than this one. An experienced trader might find the information too basic, and yet there are gems of wisdom to be found even for the old hand.

### ⭐⭐⭐⭐ Good Foundation Book for Options
*by M***O on October 26, 2015*

The first 2/3 of the book presents to the reader the terminology and the mechanics of investing in options. It is well written and I found it easy to read and the pages are laid out well. I have not delved into the more intermediate/advanced part of the book (with option spreads etc.) as I'm not really that interested in it. However I have skimmed a few of the advanced trades and they are explained in every day language and I had no trouble understanding the concepts. I would like to emphasize, as other readers and the author have said, that you shouldn't be investing in options if you do not have experience with buying and selling individual stocks. The same reason you would by an individual stock is the reason you would buy an option. If you do not understand what a good stock is, and how prices of stock move, then stay away from options and go buy a good stock book. Anyway, after brushing up on a few things with this book, I went out and bought some calls which is very easy and straight forward to do (do not pay the ask price, I put in buy prices halfway between the bid and ask as the author said to do and they were filled immediately by my broker). Best of luck with your future investments.

## Frequently Bought Together

- Understanding Options 2E
- The Options Playbook: Featuring 40 strategies for bulls, bears, rookies, all-stars and everyone in between.
- Options Trading: How to Turn Every Friday into Payday Using Weekly Options! Generate Weekly Income in ALL Markets and Sleep Worry-Free!

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*Product available on Desertcart Colombia*
*Store origin: CO*
*Last updated: 2026-07-06*