How to Make Money With Stock Options: A Basic Guide for the Conservative Investor by Mervyn Hecht, is a good source for investors interested in using options to hedge against downturns in their portfolio. With lots of “get rich quick” approaches to options investing out there, it’s great to see a good book on the subject by a well known and respected investment professional like Hecht.
Book Description
This book presents a simplified, step-by-step explanation of those stock option strategies that are appropriate for use by an investor primarily interested in the protection of assets, and in increased income. The strategies are explained both by words and with graphs and visual aids. There are also general discussions of market strategies, advice for stockbrokers, lawyers, and general investors interested in stock options.About the Author
Mr. Hecht graduated from Harvard Law School in 1963, and began the practice of business and tax law in Los Angeles during 1964. During his 25 years as a lawyer he represented several of the major stock brokerage firms and their representatives, as well as claimants, in disputes involving stock options. He also acted for many years as an arbitrator for the NASD, the NYSE, and the AAA in stock option disputes.
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