I just finished a very good book about trading options. It has numerous good ideas about good small risk ways to generate good income using options and ETFs.

  It is "Trade Your Way To Wealth"  by Bill Kraft.

Thanks for the tip.

i hear so much about options but never got into them , thank for the tip stevie ray

Sounds like a good read.....I'll check it out when I get the time.

petergun1962:

i hear so much about options but never got into them , thank for the tip stevie ray

Careful bud they are addicting. Another good book is "Getting started in Options" by Michael C. Thomsett written in plain english very easy to understand

Thanks for the suggestion.

What do you think about "optionetics"?

hard to find good stocks some times..

  Options can be very dangerous as well, thats why I started out ONLY buying options, either calls or puts. Never wrote or sold options. This book is good with some of the more simple ideas in it to limit risk.

  The CBOE.com web site is also a great place to learn about options.

  On TheStreet.com, Lenny Dykstra (former NY Met) has a very good column about option trading also.

I will hve to check it out. I trade options so any new ideas I welcome.

  I'm fairly certain its not the same Kraft who owns the Patriots, I dont think he would mess with options :)

  I havent ever tried optionetrics (sp).....there are so many option services out there you really have to be very carefull, even in using someone like Dykstra who seems to really know what he's talking about, you have to know about the type of options you're getting into and the type of trade if it involves more then one option.

  The old advice works well here, research and make your own decisions, but also its good to look at others advice as well, just dont blindly follow others picking options when you dont know why they are picking those options.