What is the best book on options trading?

Discussion in 'Options' started by larryg003, Jun 22, 2010.

  1. larryg003


    Hi guys,

    I just joined the forum and was wondering what is the "Bible" of options trading?
    I know 'Security Analysis' is for I-Banking. What about options trading?
    I am looking for something that gives strategies and how to implement them, as well as binomial pricing and black-scholes pricing.

    -Larry G.
  2. 1) Click on the "Books" tab above, then click on "options".
    2) McMillan, Natenberg and Cottle are well-regarded. Try to check them out from a public library before buying them. :cool:
  3. He is a seller of books?
  4. In my opinion, "Options as a Strategic Investment" by Lawrence McMillan.
  5. msecrist


    My favorite book is probably "Option Volatility and pricing" by Sheldon Nateberg. It provides a really good coverage of the foundational concepts necessary to trade options. These include volatility and its impact on option pricing, which is critical to understand. I don't find the coverage on option strategies that good in this book though. For that I'd either consider "Options as a Strategic Investment" by Larry McMillan, which is a pretty heavy duty book or "The Bible of Options Strategies" by Guy Cohen, which focuses primarily on the strategies.

  6. Nanook


  7. All those other books are fine, but this is the first book that ever helped me make money in the beginning.