Today, I went to Borders at North Michigan Ave and looked at several books about option trading. Finnally I bought one book "Getting Started in Options" for $19.95. It is very good because it has a lot of Tips and Examples. It is very good for a option trading beginners like me.
I also found a website, http://www.888options.com/strategy/default.jsp, which introduces several useful option trading strategies. Today, I learned one strategy, naming Collar, which can be established by holding shares of an underlying stock, buying (long) a protective put and selling (write) a covered call on that stock. Both put and call should be OTM (out of money).
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