Get a basic book not one promising huge profits:

Learn to use a spreadsheet - when you understand the below you are good to go.

Never buy  near strikes - this is a sucker bet

if you can't put in the work, stay away from options - the odds always favor the casino

OVTI
	Oct-07	Nov-07	Dec-07	Jan-08	Feb-08	Mar-08
	31	30	31	31	28	22
STRIKE	ucmce	Mar 08 25$
	Oct-07	Nov-07	Dec-07	Jan-08	Feb-08	Mar-08
Stock
ER		Q2			Q3
EPS	$       0.23	$            0.36			$       0.44
Annual Forward EPS	$           0.92	$                  1.44	$           1.44	$           1.44	$           1.44	$          1.76
PE	22	17	17	21	21	17
PPS	$         20.00	$                25.00	$         25.00	$         30.00	$         30.00	$        30.00
Historic Vol Hi/Lo	80/25
Option
Implied Vol Hi/Lo	77/35
DIV	0	0	0	0	0	0
Implied VOL	61%	61%	61%	61%	61%	61%
INT RATE	5.44%	5.44%	5.44%	5.44%	5.44%	5.44%
DAYS to EXPIRY	173	142	112	81	50	22
Value	$  1.27	$      3.40	$  3.00	$  6.00	$  5.60	$ 5.18
time premium	$      1.27	$           3.40	$      3.00	$      1.00	$      0.60	$     0.18