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Getting Started in Options by Michael C. Thomsett – Your Practical Entry Point into Options Trading
A Clear, Illustrated Introduction to Options
Options can be powerful tools for managing risk, generating income, and adding flexibility to your portfolio — but for many investors, they look confusing and intimidating.
Getting Started in Options (Illustrated Edition) by Michael C. Thomsett is designed to change that. This updated edition takes the mystery out of options trading with simple explanations, real examples, and helpful illustrations, giving you a solid foundation without overwhelming math or jargon.
Whether you’re completely new to options or have only a basic idea of what calls and puts are, this book walks you through the essentials step by step.
Why This Book Is Different
Instead of assuming you already understand complex strategies, this book:
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Uses plain, non-technical language
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Includes charts, diagrams, and visual examples
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Breaks down concepts into short, digestible sections
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Ends each chapter with illustrated comic-style panels that review key points in a fun, memorable way
The result is a resource that truly teaches — not just talks about options.
What You’ll Learn Inside Getting Started in Options
Michael Thomsett gives you a complete tour of how options work and how they can fit into a broader investment plan. You’ll discover:
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The Basics of Options
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What calls and puts are
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How strike price, expiration date, and underlying stock work together
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Key terms you’ll see on every options chain
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How Options Can Help You as an Investor
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Using options to protect existing stock positions
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Reducing risk instead of increasing it
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Enhancing income with simple, conservative strategies
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Core Strategies with Calls and Puts
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Buying options for directional moves
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Selling options to collect premium
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Combining positions for more controlled risk
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How to Evaluate and Test Strategies
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Estimating potential returns and losses
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“Test running” ideas before using real money
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Using online tools and resources to support your learning
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By the end, you’ll understand not only what options are, but also when and why to use them.
Designed for Investors at Any Experience Level
Even though this book is part of the “Getting Started In” series, its clear explanations and structured format make it useful for:
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Total beginners who want to understand options from the ground up
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Stock investors who want to add options as a risk management or income tool
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Intermediate traders who need to reinforce their fundamentals and clear up gaps
You don’t need a finance degree or trading background — just curiosity and a willingness to learn.
Note: Trading options involves real financial risk. Live trading accounts typically require you to be of legal age in your country. Always check your local regulations and never trade with money you cannot afford to lose.
About the Author: Michael C. Thomsett
Michael C. Thomsett is a prolific financial author with over seventy books to his name, covering:
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Options
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Fundamental analysis
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Swing trading
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Real estate investing
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General investing and management
He has written several bestselling titles for Wiley, including previous editions of Getting Started in Options, and contributes to well-known investing magazines and websites. His specialty is taking complex financial topics and making them accessible, accurate, and practical for everyday investors.
Is Getting Started in Options Right for You?
This book is a great fit if you:
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Want a first serious introduction to options
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Prefer step-by-step learning with visual support
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Are looking for realistic, educational content — not hype or “get rich quick” promises
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Need a reference you can return to as your knowledge grows
If you’re ready to build a strong options foundation in a clear, approachable way, Getting Started in Options is an excellent place to begin.
👉 Add this book to your investing library and start learning how options can become a controlled, strategic part of your portfolio.


