Best Option Trading Books The Option Genius Podcast: Options Trading For Income and Growth

Hey there, this is Allen from Option Genius.
One of the most common questions that we get at Option Genius is, "Allen, I want to know more about options trading, What books should I read?". And so I made this short video for you to tell you some of the top books that I think should be in your library. There are hundreds and maybe even 1000s of books on there on options, but not all of them are worth your time. Okay, so I wanted to save you some time, tell you the ones that I think would be the best. So here we go. This is the first one. Now these books are in no particular order. But this one is "Options as a Strategic Investment". 
Now this one is the heavy hitter. Okay, you can tell this is thick, it's very long, it's very detailed. This is like the Bible of options trading, okay, now, you're not going to make it through the whole book in one sitting. And you might never make it through the whole book. I've tried it a couple of times falling asleep. But this is not meant to read cover to cover. This meant this book is meant more as a reference book, at least that's how I use it, if I need something, or if I need to look up something, especially when I was starting out with options trading, this one was very helpful. You know, it was it's a good source. There's a lot of good material, a lot of good examples in here. And it covers just about every single thing about options related in here.
So if you're just starting out, and you need one book as an introduction to options, this one might be a little bit too technology or jargon heavy, but it's a good one to have with you. Okay. Now, second book I have here is called passive trading, how to generate consistent monthly income from the stock market in just minutes a day. Now, this is the book that I wish I had when I started trading 15 years ago. Okay, now, to be honest, I have written this book. So I'm the author of this book. So I'm a little bit biased. But you can tell it's a decent sized book, this is not the goal for this book was not to cover every single strategy and every single way to trade options and everything about options. That's what this book does. So we don't need to recreate this book, what I put in this book is what I need, or what I think you need to make money the fastest way possible with options, okay? The the how to think about it, why you need to start trading options, and the strategies that you should use to really simplify your trading, and really get going and making money quickly as quick as possible with Options. So that's why I've written this book. That's why it's on my list, because I think everybody who trades options, at least if you're, if you're just starting out, you definitely need to read this book. Okay. And the other thing is that it talks about doing it in your spare time. So that is a whole different philosophy. We don't talk about buying options in this book, I tell you exactly why that doesn't work, I show you how to sell options in a way that doesn't take a lot of your time, so that you can actually make money from the stock market, but still have your time to do whatever you want. Because that's really the goal of making money, right? We want money for freedom, we don't want to make money just so we can work longer hours. So this is what this book shows you.
The next book we have here is called "Generate Thousands in cash on your stocks before buying or selling them". Now, this book, I've used maybe the first two or three chapters, and the rest of it is about indicators, technical indicators, technical analysis, stuff that I don't use, I haven't even read. But the first two or three chapters have made me a lot of money. And so that's why they're on the list. Now, the strategies he talks about in the first couple of chapters are basically naked puts, and how to trade them and different ways you can use them. And like I said, it's made me a lot of money in the past. So that's why I put the this book on the list. Okay. Now, a