Understanding the basics, particularly the value and risks associated with stock options and options-on-futures trading -- Learning the basic option trading strategies (and uses) to solidify objectives -- A few more uses for options -- Forecasting stock and futures price trends -- Option price models and volatility--the most important consideration for serious option traders -- Developing trading and money management plans -- What you need to do to implement your trading plan -- What a difference the computer chip has made -- Selecting the broker that is right for you -- Knowing a little about federal regulations can sometimes smooth rough waters -- The single biggest mistake new traders make--plus a "few other common ones!" (and, of course, how to avoid them) -- Getting started, or the secrets of successful options trading -- Appendix 1: Glossary of terms. Appendix 2: Sources of more information. Appendix 3: Long-term volatility charts for selected stocks and commodities. Appendix 4: Exchanges and options offered. Appendix 5: Description of option trading software and this new edition of the options trader's bible is packed eith in-depth coverage of the basics of options trading including the latest changes in the marketplace and trading technology