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This book has become a favorite of K–12 teachers, university faculty, and corporate consultants. It provides short gaming exercises that illustrate the subtleties of systems thinking. The companion DVD shows the authors introducing and running each of the thirty games.

The thirty games are classified by these areas of learning: Systems Thinking, Mental Models, Team Learning, Shared Vision, and Personal Mastery. Each description clearly explains when, how, and why the game is useful. There are explicit instructions for debriefing each exercise as well as a list of all required materials. A summary matrix has been added for a quick glance at all thirty games. When you are in a hurry to find just the right initiative for some part of your course, the matrix will help you find it.

Linda Booth Sweeney and Dennis Meadows both have many years of experience in teaching complex concepts. This book reflects their insights. Every game works well and provokes a deep variety of new insights about paradigms, system boundaries, causal-loop diagrams, reference modes, and leverage points. Each of the thirty exercises here was tested and refined many times until it became a reliable source of learning. Some of the games are adapted from classics of the outdoor education field. Others are completely new. But all of them complement readings and lectures to help participants understand intuitively the principles of systems thinking.

• Sales Rank: #89847 in Books
• Brand: Brand: Chelsea Green Publishing
• Published on: 2010-04-30
• Original language: English
• Number of items: 2
• Dimensions: 9.00" h x .80" w x 6.00" l, 1.20 pounds
• Binding: Hardcover
• 256 pages

Features

• Used Book in Good Condition

Review
As a person charged with organizational change at our college (the largest two year technical college in the US, with over seventy thousand students, more than three thousand employees, four campuses, two public television stations, three unions and an annual budget of over 207 million dollars a year), I am always looking for ways to get our employees to see a clearer picture.

We have been using "Teeter Totter" as part of our leadership effectiveness training and have noticed several things. First, of course, is the expected "you want us to what?" and the "this won't take more than five minutes" responses. Second, we see a lot of conscious effort on the part of the teams to actually make the exercise work. Third, we have seen some real glimpses of learning. When using this exercise with our campus leadership teams, I noticed an increase in understanding of the dynamics at play. As team members gingerly stepped onto the board, the member who was acting as the coach for the team kept saying "don't just look at where your opposite is on the board, feel where he or she is. Feel the board, feel your contact with the board, feel the other member and what they are feeling." In the de-brief, the conversation turned quickly to how we can understand what the other members on our team are going through during their daily jobs.

Great exercises, great book. -- James B. Rieley, Director The Center for Continuous Quality Improvement Milwaukee Area Technical College

I did a Human Dynamics workshop in April. I went into the Playbook and pulled several exercises. They were so valuable (before and during tha day) because: - the intention is explicit - the directions are so clear - the advice is wise I used "Five Easy Pieces."

Your description was very clear and easy to follow. I also did "Circles in the Air" at what turned out to be exactly the right time.

Thanks for doing such a great job of documenting and sharing your knowledge. -- Ruthann Prange

I have just received the second volume of the Systems Thinking Playbook. It has been a much-awaited treat. Thank you for creating something which is so easy to use and so incredibly valuable. -- Cindy Schlough Madison Area Quality Improvement Network

I have the constant challenge of managing a diverse and talented graphic arts staff, so I am always looking for ways to engage them in discussions of the larger issues facing our company. The "Mind Grooving" exercises made a big impression on my management team. In one group, "Furniture" turned up the usual 'chair' and 'sofa' - and 'dust'! We also did "Arms Crossed" at a full division meeting of sixty as part of a discussion on change in our working environment. Keep up the good work. -- Rebeccah K. Neff, DirectorCreative Solutions Division SAS Institute, Inc.

I tried out the first five exercises last night in my class and they worked beautifully!!! The facilitation went smoothly. These exercises are very effective in helping other learn the key concepts of systems thinking. -- Carol Ann Zulauf, Professor, Organizational Behavior Suffolk University

Your Systems Thinking Playbook has become a bible to me! What is so wonderful about these exercises is that the point you're trying to make is immediately obvious to everyone; there's no need to explain what participants were supposed to have learned. I used "Circles in the Air" as an icebreaker that kicked off a week-long international meeting with all of my company's international subsidiaries. The simple point about perspective was especially relevant for this international group. --Peter Smith, Director of Organizational Development WorldxChange Communications

About the Author

Linda Booth Sweeney, Ed. D., is an educator, researcher and writer dedicated to helping people of all ages integrate an understanding of complex, living systems into learning, decision making and design.  She has worked with Outward Bound, MIT's Sloan School of Management, and Schlumberger Excellence in Educational Development (SEED). She is the author of The Systems Thinking Playbook; When a Butterfly Sneezes: A Guide for Helping Children Explore Interconnections in Our World Through Favorite Stories; Connected Wisdom: Living Stories about Living Systems; and numerous academic journals and newsletters. Sweeney lives outside Boston, Massachusetts. For more information see her blog, Talking about Systems (www.lindaboothsweeney.net/blog).

 

Dennis Meadows is emeritus professor of systems policy and social science research at the University of New Hampshire, where he was also director of the Institute for Policy and Social Science Research. In 2009 he received the Japan Prize for his contributions to world peace and sustainable development. He has authored ten books and numerous educational games, which have been translated into more than 15 languages for use around the world. He earned his Ph.D. in Management from MIT, where he previously served on the faculty, and has received four honorary doctorates for his contributions to environmental education.

Most helpful customer reviews

0 of 0 people found the following review helpful.
Five Stars
By Tim Clark
Love this book, especially the DVD that shows the authors demonstrating the exercises in real group settings. Outstanding!

0 of 0 people found the following review helpful.
Five Stars
By Amazon Customer
Lots of great ideas for facilitators. For the most part, explained clearly and with lots of examples.

0 of 0 people found the following review helpful.
Awesome!
By Koong
More than expectation. Awesome !

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[C847.Ebook] Ebook Download The Classic Slave NarrativesFrom Signet

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Henry Louis Gates, Jr., presents a seminal volume of four classic slave narratives, including the 1749 texts of The Life of Olaudah Equiano, the last edition corrected and published in his lifetime. The collection also includes perhaps the best known and most widely read slave narrative--Narrative of the Life of Frederick Douglass, as well as two narratives by women: The History of Mary Prince: A West Indian Slave, and Incident in the Life of a Slave Girl, written by Harriet Jacobs as Linda Brent. This edition also features an updated introduction by Professor Gates.

• Sales Rank: #115447 in Books
• Published on: 2012-01-03
• Released on: 2012-01-03
• Original language: English
• Number of items: 1
• Dimensions: 6.81" h x 1.42" w x 4.25" l, .60 pounds
• Binding: Mass Market Paperback
• 688 pages

Most helpful customer reviews

0 of 0 people found the following review helpful.
Great Narratives
By Amazon Customer
This collects some of the greatest and most important slave narratives. It includes the first known slave narrative ever written by Olaudah Equiano (A.K.A. Gustavus Vassa). That was probably my favorite one out of all of them because it was very adventurous. It is also intriguing because it was the first narrative ever published from a Black person. All of these narratives are great, and you can really learn a lot about the history of slavery within the pages of this book.If you love reading black literature, you should definitely pick this book up.

2 of 2 people found the following review helpful.
A Must Read!!!
By Euretta Newsom
I'm so glad to have purchased this book!! I was a teenager during the Civil Rights Movement and there were little to no indepth stories or articles about the lives/experiences of my ancestors during the slave years. Oh sure, we heard or read about such notables as Harriet Tubman, the 'Moses' of the Underground Railroad, Frederick Douglas, andd George Washington Carver, and others, but this narrative gives the reader an insight into the lives of some of the obscure individuals, not mentioned in history books.

This book or others similar should be read in addition to the history books about the founding of the United States.

0 of 0 people found the following review helpful.
It is a nice compendium of the major primary sources (slave narratives) that ...
By Ike
It is a nice compendium of the major primary sources (slave narratives) that are available. My major complaint is not content but that the binding is so crappy. It is tight and likely would break if you actually tried to hold the pages open.

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[K688.Ebook] Ebook Jazz (Second Edition), by Scott DeVeaux, Gary Giddins

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All That Jazz―Total Access to the music and the players.

This streamlined second edition exposes students to the expressive power of jazz and brings its greatest players to life. With an emphasis on engagement with the music, this new text gives students all the guidance and inspiration they need to fully understand jazz. Now with Total Access, Jazz offers students a package without match―streaming music of 77 classic masterpieces and little-known gems, robust Listening Guides, a media-rich ebook, outstanding video, and a gripping narrative―all at an unbeatable price.

• Sales Rank: #12383 in Books
• Published on: 2015-02-01
• Original language: English
• Number of items: 1
• Dimensions: 10.80" h x .90" w x 8.10" l, .0 pounds
• Binding: Paperback
• 475 pages

About the Author
Scott DeVeaux is a nationally recognized jazz scholar whose 1997 book The Birth of Bebop: A Social and Musical History won the American Book Award, an ASCAP–Deems Taylor Award, the Otto Kinkeldey Award from the American Musicological Society, and the ARSC Award for Excellence in Historical Sound Research. He has taught jazz history at the University of Virginia for more than 25 years.

Gary Giddins is the Executive Director of the Leon Levy Center for Biography at the City University of New York. He was the Village Voice jazz columnist for over 30 years and remains a preeminent jazz critic who received the National Book Critics Circle Award, the Ralph J. Gleason Music Book Award, and the Bell Atlantic Award for Visions of Jazz: The First Century in 1998. His other books include Bing Crosby: A Pocketful of Dreams: The Early Years, 1903–1940, which won the Ralph J. Gleason Music Book Award and the ARSC Award for Excellence in Historical Sound Research; Weatherbird: Jazz at the Dawn of Its Second Century; Faces in the Crowd; Natural Selection; Warning Shadows; and biographies of Louis Armstrong and Charlie Parker. He has won an unparalleled six ASCAP–Deems Taylor Awards, a Guggenheim Fellowship, and a Peabody Award in Broadcasting.

Most helpful customer reviews

7 of 10 people found the following review helpful.
Textbook, not for individuals
By M. Pickett
If you are an individual purchasing this for pleasure or self study, know that the interactive/online content will not be available to you. The included user code is useless.Very disappointing. Better off buying the earlier version of this and the companion CD's

1 of 3 people found the following review helpful.
Great book
By Joanna Oceguera
Book was brand new! My class was cancelled though so returned it The process was approved fast and now just waiting for it to be put back on my card

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[T175.Ebook] PDF Ebook Right-Wing Critics of American Conservatism, by George Hawley

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The American conservative movement as we know it faces an existential crisis as the nation's demographics shift away from its core constituents—older white middle-class Christians. It is the American conservatism that we don’t know that concerns George Hawley in this book. During its ascendancy, leaders within the conservative establishment have energetically policed the movement’s boundaries, effectively keeping alternative versions of conservatism out of view. Returning those neglected voices to the story, Right-Wing Critics of American Conservatism offers a more complete, complex, and nuanced account of the American right in all its dissonance in history and in our day.

The right-wing intellectual movements considered here differ both from mainstream conservatism and from each other when it comes to fundamental premises, such as the value of equality, the proper role of the state, the importance of free markets, the place of religion in politics, and attitudes toward race. In clear and dispassionate terms, Hawley examines localists who exhibit equal skepticism toward big business and big government, paleoconservatives who look to the distant past for guidance and wish to turn back the clock, radical libertarians who are not content to be junior partners in the conservative movement, and various strains of white supremacy and the radical right in America.

In the Internet age, where access is no longer determined by the select few, the independent right has far greater opportunities to make its many voices heard. This timely work puts those voices into context and historical perspective, clarifying our understanding of the American right—past, present, and future.

• Sales Rank: #460614 in Books
• Published on: 2016-03-01
• Released on: 2016-02-15
• Original language: English
• Number of items: 1
• Dimensions: 9.50" h x 1.30" w x 6.50" l, .0 pounds
• Binding: Hardcover
• 376 pages

Review
"In this highly readable and well-researched study, George Hawley persuasively shows that the various disaffected right-wing movements in America, which have often been unfairly banished to the political margins by the mainstream conservative movement, deserve far more serious attention than they have received to date."— Grant Havers, author of Leo Strauss and Anglo-American Democracy: A Conservative Critique

"A solid introduction to the conservative sects, both large and small, that seek to influence our politics today. His book is especially useful for students interested in the variety of conservative groups that have existed since the 1950's." —Jeremy D. Bailey, author of The Contested Removal Power, 1789–2010

“For anyone trying to understand how modern conservatives have worked to create an intellectually legitimate, politically successful movement, this book is essential reading.”—David Farber, author of The Rise and Fall of Modern American Conservatism: A Short History

"An intellectual page-turner, a safari through an exotic world of amusing, strange, compelling, and creepy right-wing political thought. Hawley is an outstanding guide: knowledgeable, eloquent, fair, curious, and a great listener."—Bryan Caplan, author of The Myth of the Rational Voter: Why Democracies Choose Bad Policies

About the Author
George Hawley is assistant professor of political science at the University of Alabama, Tuscaloosa. He is the author of White Voters in 21st Century America and Voting and Migration Patterns in the U.S.

Most helpful customer reviews

17 of 17 people found the following review helpful.
A Primer to Understand the Spectrum of American Conservatism
By Leonard N Chan
Full disclosure is that Hawley and I entered graduate school in the same year, and he discussed the ideas of this book ahead of its publication. He has always shown intellectual aptitude with great rigor in his research.

In "Right-Wing Critics of American Conservatism," Hawley covers his bases with great depth in this eye-opening narrative. Regardless of an individual's personal political ideology, this is a must-read for anyone that wants to understand the full spectrum of the right-wing movement in America. The alternative movements in the American right seems, for better or for worse, poised to remain a vocal force moving forward. Learning their origin and ideology is thus imperative. Recognizing this, Hawley manages to keep this book digestible for the general public despite coming from an academic perspective.

6 of 6 people found the following review helpful.
One of the best books on conservative movement
By Professor
This is one of the best books on the American conservative movement. I am a professor of political science, with a general interest in the
movement, but it is far from my speciality, and I learned a great deal from this book. I consider it a must-read for understanding how the
movement formed, how it purged its more-controversial Right-wing members, and how these purges are now coming back to threaten the
movement’s future through Donald Trump and his supporters. For anyone who wants to understand this process — whether you are on the Right,
Left, or somewhere in between — Dr. Hawley’s book is incredibly timely. More importantly, it is incredibly accessible and erudite, demonstrating a command of conservative thought that is stunning in both its breadth and depth.

Hawley’s analysis can be divided into three broad categories of Right-wing critics: localists, libertarians, and racialists. All of these groups have become disenchanted with the Republican Party’s adoption of interventionist, corporatist, internationalist agendas. Hawley explains, mostly in historical terms, how at one point many members of these groups belonged to the mainstream Right, but they have been systematically purged from the conservative movement, beginning with William F. Buckley’s construction of the movement in the 1950s, mostly to make the movement more palatable to the Left.

One general criticism I have of the book is that Dr. Hawley fails to consider whether and how these diverse critics coalesce together. The curious reader will complete the book wondering whether Hawley believes that Right-wing localists, libertarians, and racialists will be able to form a coalition, in the way that pro-lifers, free-traders, and neo-conservatives merged in the 1980s to form the coalition that we now know as the conservative movement. Hawley does not entertain this inquiry, which is quite disappointing, given that this is an issue of significant interest for Right-wing politics moving forward.

Hawley does hint, however, that the Right-wing critics profiled in his book could form a coalition around their common disenchantment with
the federal government’s expansive use of power, particularly its social engineering through the control of state and local education as
well as private business practices. While localists might focus more on the encompassing power exercised by global corporations,
libertarians on the intrusive power of law, and racialists on changing social and cultural dynamics due to demographic factors, all three
Right-wing causes share a contempt for how the federal government has expanded its authority over the last 50 years — in a way that the
Republican Party has only timidly resisted, and at times even encouraged — to make America a more consumer-oriented and less
cohesive state.

That relates to a more particular criticism: Hawley seems to attribute responsibility for the Republican Party’s purges and capitulations to
the conservative movement itself, but I wonder whether his agency attribution is misplaced here. The movement has faced enormous
cultural pressures, as academia and the entertainment industry have been captured entirely by Left-wing interests. Many empirical
studies, of which Hawley must be aware, have found that academic institutions and Hollywood systematically discriminate, in both form
and effect, against Right-leaning causes and values. It is therefore no wonder that the conservative movement has moved from opposing
compulsory de-segregation to favoring it, from opposing open immigration to favoring it, and if history is a guide, opposing same-sex marriage to favoring it in the near future.

At one point in the book (I can’t recall the page), Hawley even suggests that conservatives are so poorly represented in academia because they are insufficiently interested in intellectual life. This gets the relationship entirely wrong. Conservative ideas have not been able to flourish in universities and the media because, as study after study has demonstrated, Right-wing ideas and thinkers are systematically suppressed, censored, and expunged. To write about the purged critics of the conservative movement, without taking into account how the Left has contributed to these purges, is not entirely fair.

Overall, however, this is an overwhelming fair book — all the more impressive given that Dr. Hawley covers thinkers and values that very
few commentators treat even respectfully. I look forward to hearing what Dr. Hawley has to say on these issues, as he has proven to be a
perspicacious and objective observer of Right-wing politics and American politics in general. We could all do our part in getting this conversation started by reading and reflecting on Right-Wing Critics of American Conservatism.

2 of 2 people found the following review helpful.
A very comprehensive survey of the latest developments in the ...
By L. D. Gasman
A very comprehensive survey of the latest developments in the very welcome resurgence of the Old Right (but in new forms.)

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• Sales Rank: #8786390 in Books
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In order to survive and thrive in today's financial markets, you must seriously consider the use of options in your investment endeavors. Options allow you to reap the same benefits as an outright stock or commodity trade, but with less risk and less money on the line. The truth is, you can achieve everything with options that you would with stocks or commodities—at less cost—while gaining a much higher percentage return on your invested dollars.

Updated to reflect today's dynamic times, this reliable resource provides you with the knowledge and strategies needed to achieve optimal results within the options arena. It quickly covers the basics—from how options are priced to using volatility to your advantage—before moving on to the four options trading strategies that have helped Lowell capture profits time and again: buying deep-in-the-money call options, selling naked put options, selling option credit spreads, and selling covered calls.

While none of the strategies highlighted here have changed since the first edition—because they're still as sound and successful as they've ever been—more examples of Lowell's favorite strategies are included in this Second Edition. In addition to outlining his proven options trading strategies, Lowell also shows you how to set up your own home business with the best options trading software, tools, and Web sites.

Options can be an essential part of your portfolio, when used properly. The Second Edition of Get Rich with Options shows you exactly what it takes to make it in this field and will put you in a better position to profit from the power of options. With this book as your guide, you'll quickly discover how—through safer speculation and hedging techniques—selling options can generate immediate income.

From the Back Cover
Praise for the first edition of Get Rich with Options

"No more excuses! Get Rich with Options provides a clear, honest, and detailed picture of the potential to trade stock and commodity options successfully. Lee covers all the bases, starting with the basics then spending time on concepts such as ITM, OTM, ATM, volatility, spreads, and delta. He turns the mystery of options trading into something cohesive and does it in an entirely user-friendly way. Get Rich with Options is the perfect segue into the world of options trading for anyone who has been intrigued by this investment strategy but too intimidated to try it. For the more seasoned trader, Lee offers little-known tips and advice that have kept him ahead of the pack for years. This is a rare how-to guide that answers all the questions, gives step-by-step instructions, and should be on every options trader's bookshelf."—Margaret Beeler, Managing Director, International Strategy & Investment, Inc.

"There are many options books in the market today. For the most part, they impart sterile options strategies that will 'theoretically' work for you. But, they are written from the perspective of an academic. In Lee Lowell's Get Rich with Options, you will learn options and commodities basics. That's not where the value is. The value of this outstanding, understandable book comes from the author's perspective of how to trade options and commodities. Lee Lowell brings you the secrets from the trading pits in New York, the secrets of a market-maker, a trader who must make money to survive, and a trader who has made thousands of successful trades. After reading the book, you will come away with a professional education and the stark realization that trading options is easier than you think, more profitable than you could imagine, and that there are only three or four surefire strategies that will make you a lot of money consistently. Clear your shelf for this one, it is an invaluable guide for the fastest growing segment of the investment arena today."—Karim Rahemtulla, Investment Director, Mt. Vernon Research

"Option strategies are often delivered in a sea of hype. It's refreshing to learn from someone like Lee who takes a conservative, no-BS approach to options and still makes investors money. I'm impressed by his frankness, his sincerity, and the way he manages risk."—Julia Guth, Executive Publisher, The Oxford Club/Investment U

"Lee Lowell leads us down the road of complex derivative products and takes us out the other side much more profitably. This book will show you that trading on options is not out of reach. Lee takes complex ideas and breaks them down step by step to help every trader from novice to expert master the art of options trading. I found new ideas and skills at every turn in this book and think it's a must-read for the serious commodity options trader."—Kevin Kerr, Editor, Global Commodities Alert, and author ofA Maniac Commodity Trader's Guide to Making a Fortune

About the Author
Lee Lowell is one of America's leading options professionals and is the coeditor of Mt. Vernon Research's Xcelerated Profits Report and Editor of Instant Money Trader and Triple-Zone Profit Trader. He has been an options trading professional for seventeen years and spent six years in the options trenches as a market-maker on the floor of the New York Mercantile Exchange (NYMEX). After leaving the floor in 1998, Lowell started, and currently runs, his own home-based trading business—actively trading commodity options and futures, stocks, stock options, ETFs, and e-mini futures. He's had numerous articles published in leading financial magazines, including Futures and Technical Analysis of Stocks and Commodities, as well as articles posted on options-related Web sites such as www.optioninvestor.com and www.esignal.com. Lowell is also the author of the first edition of Get Rich with Options (Wiley).

Most helpful customer reviews

217 of 220 people found the following review helpful.
Good, but incomplete guidance/advice
By K. Wu
This book cuts to the chase in presenting four winning options strategies (see book description above for all 4, which you can lookup), which will make beginners happy as there's too much confusing options advice out there. But it falls badly short on two absolutely critical aspects of trading: exits, and position sizing (or money management).

For example, Lee presents option credit spreads as his favorite strategy, and it's certainly a powerful strategy, but of his 13 example spread trades, not one was a loser, or close to a loser! There's very little treatment of when and how to get out, nor how many spreads to put on given one's capital - areas where I really wanted to hear his analysis, because he has survived in the markets for a while. That's a huge deficit, because the potential risk:reward ratio of spreads is usually at least 4:1. So even though the odds of a winning trade can be greatly in your favor, the overall expectancy (read Van Tharp if you don't know what expectancy is) can kill you. You still need a plan to get out or at least hedge losses, and this book has little to say about that.

Also, implicit in his book is that you're already good at technical analysis and can make market calls with accuracy better than chance. So, you need an overall working strategy before you enlist the specialized options tactics he presents.

In the end, this book's value comes in telling you what really works for options, but not in sufficient detail that you can make a living at it. So start out small, and check out sites like elitetrader where people with experience can share things like exits and position sizing for spreads and other options positions in greater depth.

190 of 193 people found the following review helpful.
Good, practical material
By William
I'd give this book 5 stars for its practicality, but there are a few flaws. Many options books present a Chinese menu of exotic strategies, confusing the reader and probably causing him to lose his money quickly. This book distills all of these strategies down to 4 of the ones that are the most practical for investors and traders, and that in my experience work well in real life. I was put off by the awful title, which is not the main point of the material in the book at all, but I guess the publisher wants to attract some of the get-rich-quick crowd. The clarity and emphasis are uneven. The fifth "bonus strategy" would've best been left out, because most traders would consider it extremely dangerous. On balance, the book's emphasis on profiting from option time decay by using stragegies that are safer than stock ownership greatly outweighs these flaws. You can waste thousands of dollars on options classes and end up with less useful material than is contained in this book.

55 of 56 people found the following review helpful.
Excellent profitable strategies for intermediate option traders
By Steve Burns
This book is not a good first book for people wanting to start trading options for the first time. However it is excellent for those that have already read a few books on options and understand the basic principles of how they work.
This book explains the importance of not thinking of only buying calls and puts, but also the danger of wasting your money on deep out of the money options that have no intrinsic value and do not even move in your favor even when you are right about the stock. He also explains briefly how delta works with option price movement as it correlates to the stock, a .50 delta means the stock moves half a much as the stock, a 1.00 delta means the options move completely with the underlying stock. The Theta is also covered which is a measurement of how fast the option value deteriorates in relation to time. I found two of the web sites the author suggested to be great for option information. One has an option calculator where you simply key in the option information and it gives you the options value along with the Greeks. Another shows you the probability of an option reaching your target price before it expires.
The book basically gives you four strategies that tilt the odds in your favor for winning with options while at the same time controlling risk.

#1 Deep-In-The-The-Money call strategy: If you want to use options to participate in the up trend of a stock then buy deep in the money calls that move equally with the underlying stock so you can profit along with the stock holders. You want a delta of at least .90. These options only cost about 50% of what the stock costs and you get 90% of the movement, that is a great deal! Stay away from deep out of the money calls they are like lottery tickets with little chance of being worth anything at expiration. This advice alone is worth the price of the book.

#2. Sell Puts: Instead of putting in limit-buy orders for stock you want to buy sell Naked Puts on hot stocks you want to buy when they pull back. Support or 50 day moving averages are a food target price to use to sell your Puts. Only do this on up trending stocks that you want to own.

#3 Option Credit Spread: This strategy has a limited risk and limited return feature. It takes advantage of the time decay factor. It entails the buying and selling of the same amount of options as a single transaction for a single price at the same time. They are done at different strike prices and are either both call or both put options. You will be selling the more expensive of the two options, which will yield cash credit to your account. Then you will buy the less expensive one. Your profit is the difference you made on the one you sold versus the less expensive one you bought.

#4 Covered Call: Put stocks that you plan on holding long term to work by selling covered calls on them. Sell your calls out of the money and at prices you would be happy to sell the stock for. Sell the calls above price resistance to avoid it being called. This creates a nice income stream.

"Don't be under the impression that picking a market direction and being right on it is the only way to profit." Options gives us many, many ways to make money. With only 12% of options being assigned and used, if you sell instead of buy you should average 88% wins. I highly recommend this book for option traders ready to go the the next level beyond simply being buyers of options and puts to sellers of options and profiting from theta. Be the casino not the gambler.

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