Good Books for Systematically Trading Options

Discussion in 'Educational Resources' started by ms288, Sep 8, 2015.

  1. ms288

    ms288

     
  2. By "good" (i.e. you find to be satisfactory in quality and quantity) I assume that your looking for a book(s) that provide a system having, showing, or involving a method or plan for successfully trading options.

    No such book(s) exist
    .


    “Those who know don't tell and those who tell don't know.”
    Michael Lewis, Liar's Poker

    There are, of course, dozens of books that pertain to the trading of options many of which proffer what the author believes to be the be-all-end-all of books that will, if their advice is followed, lead the reader to riches beyond their wildest dreams. These are the same people who display their knowledge on the nightly news shows about where they think the market is going to go tomorrow/next week/next month/next year. Sometimes some of them are right.

    There are, notwithstanding the foregoing, some decent books available which help the novice options trader better understand the options trading world and how to build his or her own trading plan and, as a part of that plan, trading strategy.

    In no particular order of preference I have in my library;

    Options Pricing and Volatility (2nd Ed.)
    Natenberg

    The Complete Guide to Options Selling (3rd Ed.)
    Cordier and Gross

    Getting Started in Options (8th Ed.)
    Thomsett

    All About Options (3rd Ed.)
    McCafferty

    Trading Weekly Options
    Rhoads

    Options Spread Trading
    Rhoads

    Vertical Options Spreads
    Conrick and Hanson

    Options as a Strategic Investment (5th Ed.)
    McMillan

    The Bible of Options Strategies (2nd Ed.)
    Cohen


    Plus all the free literature you can get your hands on from;

    Chicago Board Options Exchange
    Options Industry Council
    Options Clearing Corporation
    Chicago Mercantile Exchange
    Chicago Board of Trade (CME Group)

    ...and the rules by which the options game is played;

    Securities Exchange Commission
    Financial Industry Regulatory Authority
    Commodity Futures Trading Commission
    National Futures Association


    There is, of course, much more but reading and studying the foregoing will help you formulate your own personal plan for systematically trading options.

    Best





     
    Autodidact, ktm and wartrace like this.
  3. usrx201

    usrx201

    Try Paul Forchione's book on option spreads. more concise and to the point. But beware oahu trading tries to get people to sign up for newsletters and other $tuff.