What is the best book on options trading?

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

  1. larryg003

    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

    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.

    Mark
    ___________________________
    mark@success-with-options.com
    http://www.success-with-options.com
     
  6. Nanook

    Nanook

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

    http://books.global-investor.com/books/3275/David-Caplan/The-New-Option-Secret/

    GL