A completely revised and updated edition of the popular guide to understanding and utilizing options. In nontechnical, easy-to-follow terms, "Getting Started in Options, Fifth Edition" thoroughly demystifies the options markets, distinguishes the imagined risks from the real ones, and arms investors with the facts they need to make informed decisions. This bestselling guide to understanding options includes such new material as references to online sites relevant to options investors; information on how to pick brokerage firms; detailed explanations of risk; bailout points; how to pick stocks for options investing; and how put options can enhance portfolio returns. This "Fifth Edition" also contains new examples, updated charts, and timely additions to reflect important changes in the market. Michael C. Thomsett (Port Townsend, WA) is a financial writer with many books and hundreds of articles to his credit, including the four previous editions of "Getting Started in Options". He has been a management consultant in the securities industries and is an active options trader.