Trading Options Greeks Get this book Let us discuss each of the option trading books in detail along with its key takeaways and reviews.
Maverick Updated Oct 26, We publish unbiased product reviews; our opinions textbook options trading our own and are not influenced by payment we receive from our advertising partners. Learn more about how we review products and read our advertiser disclosure for how we make money. For many people, options trading is a strange and mysterious investment practice.
We started with a simple Google search on options trading and began to read While we picked up a lot of great information it was only in small bits and pieces and it was very random. The great part about the web is that you can find information on any subject at the touch of a button. The bad part is that it is only on a certain segment in that subject and not the big picture.
Fortunately, there are numerous educational books on the subject that demystify options and help traders profit from them.
Its 1,plus pages textbook options trading information on specific options strategies and market conditions in which they tend to work best.
The book dives deep into using options as a hedge and explains how tax laws apply to option trading profits or losses. McMillan also offers detailed advice on trading index options, trading options on futures, and measuring market volatility.
Understanding how market volatility relates to options pricing is key to helping traders evaluate fair values in the options market.
Natenberg's easy-to-follow descriptions help readers understand the key concepts involved in trading options, such as risk management, the relation of options to their underlying assets, volatility, and options pricing. Widely recognized as an authority on derivativesfutures and risk management, Hull has served as a consultant to many of the best-known investment banking firms. Consequently, his book contains actionable information on swaps and other derivative instruments, trading interest rate futures and strategies for estimating the time value of options.
The book provides a step-by-step primer for setting up a short option investment portfolio, designed to generate a steady income from selling, or writing, options. The book is geared toward those raring to go, so be cautious: the depth of the material is more superficial and less extensive or in-depth than the other books in this list.
But, that can also make it a much easier read for some newbies. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate.
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