This should not be your first book on options, but it should be your first book before you trade options. This is the real-deal, the tuff-stuff, the holy grail. If you can't understand Ratio Backspreads as explained don't trade options because the players understand perfectly. This is a book to buy and read and study, and read and study, and read and study, It's not easy but it's the facts. If this sounds to tough I suggest a Wade Cook book if you want something an idiot could understand. But that won't make you any money, with this one you have a shot