One of the most widely read books among active option traders around the world, Option Volatility & Pricing has been completely updated to reflect the most current developments and trends in option products and trading strategies.
Featuring:
Pricing models
Volatility considerations
Basic and advanced trading strategies
Risk management techniques
And more!
Written in a clear, easy-to-understand fashion, Option Volatility & Pricing points out the key concepts essential to successful trading. Drawing on his experience as a professional trader, author Sheldon Natenberg examines both the theory and reality of option trading. He presents the foundations of option theory explaining how this theory can be used to identify and exploit trading opportunities. Option Volatility & Pricing teaches you to use a wide variety of trading strategies and shows you how to select the strategy that best fits your view of market conditions and individual risk tolerance.
New sections include:
Expanded coverage of stock option
Strategies for stock index futures and options
A broader, more in-depth discussion volatility
Analysis of volatility skews
Intermarket spreading with options
Customer Reviews:
Avg. Customer Rating: 4.5 / 5.0
Beyond here live dragons:
Í bought this book a few years back, its awesome in all respects. I've tried to read it at least 3 times and cant get past about page 50. It aint light reading for sure and I've been in the business for years. Its the acknolwedged bible of options trading but thats why there are so few successful and long term options traders - no one finished the book. Its a great book but its probably easier to go to night school to learn options.
Not For The Beginner...:
I bought this book based on all the high review ratings of so many other readers. Unfortunately I found this book to be disappointing. The author clearly knows what he is talking about but I feel does a poor job conveying the concepts to the reader. The basics of placing orders, commission structure,etc get glossed over and the author frequently mentions concepts and then states the will be discussed later in the book. This just needlessly muddies the waters. The presentation of numerical data is also... more info
Must read for any options trader, beginner, intermediate or advanced. Must have in personal library.:
One must keep in mind that book was written in early 1980s, and still one of the best works on options trading. Whether you are a beginner, intermediate or seasoned options trader, it certainly worth reading; even the seasoned options trader will learn few things and certainly help organize your thoughts. I like this book and still refer to it every now and then in my trading activities.
Very highly recommended:
My favorite options trading text, bar none! I believe if you understand everything presented here you will have a huge leg up. This book gave me the insight and confidence to take the other side of covered call writers' positions and profitably trade the out-of-the-money calls from a purely volatility standpoint. It also put me on the path of trading volatility around events like earnings releases and FOMC meetings. Read this before embarking on any options trading ventures. Even though you may... more info
