Equivalent Futures books of the McMillan and the Natenberg Options books?

Discussion in 'Options' started by palawan, Aug 28, 2005.

  1. palawan



    Sorry to post this in here. It's just that almost everyone in here is familiar with the book by McMillan and Natenberg on Options...

    What would be the equivalent books in quality and readability on Futures (S&P, commodities, FX)?

  2. Hello:

    Once you have gained an understanding of the work of McMillan and Natenberg. I would read books by Charles Cottle. Unfortunately, they are hard to come by (usually out of print).

    One of the best books I have ever read is "The Business of Options" by Marty O'Connell, published by Wiley. O'Connell talks about putting on positions that include forwards and options on currency futures. That book may appeal to you if you are interested in foreign exchange. Again you will need to have a solid background to fully benefit from it.

    I hope this helps you.

    Good luck,

  3. palawan


    Thanks, Steve. I'm gonna look for that book by Marty O'Connell. I also have the .pdf of Charles Cottle's "Woulda, Coulda, Shoulda"... Very hard to read and I've given up for now and will go back to it once I've finished Natenberg.

    I'm just looking for a Futures book that is "similar" to the Options book by McMillan and another Futures book that is "similar" to Natenberg's Option Volatility & Pricing.

    I don't even know if such books exist :)

    McMillan's book is easy to read and is a good foundation to understanding options. Natenberg's (by impression from everyone's comments as I haven't finished reading it, yet) book is to more advanced and detailed, but is harder to read.

    Thanks, and Good luck to you, too.
  4. flyers&divers

    flyers&divers Guest

    First, these days, when one mentions great books on Option Trading one should include the new book by George Jabbour & Phillip Budwick:The Option Trader Handbook. It is up there with the best of them.

    For Futures no one book stands out for me but the following have produced valid work that has been extensively used by the trading community:

    Van Tharp
    Teweles and Harlow (probably the first college level textbook),
    a recent book on Trend Following

    (list far from complete)

    Most of these can be found on Half.com