Preface

“Being ignorant is not so much a shame, as being unwilling to learn.”

—Benjamin Franklin

“The greater danger for most of us is not that our aim is too high and we miss it, but that it is too low and we reach it.”

—Michelangelo

The Myth of Sisyphus

A legend in Greek mythology tells of King Sisyphus, who thought he was smarter than Zeus. To punish Sisyphus, Zeus assigned him an eternity of useless tasks. Zeus forced Sisyphus to push a huge boulder up a steep hill, and just before he made it to the top, the boulder rolled back down, leaving Sisyphus to start over.

The education of an options trader usually starts from the stock trader’s frame of reference. Once you have the stock trader’s perspective, you’ll have something to contrast ...

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