What to read after Natenberg?

That's what he calls himself on various forums.

 

I am not good at maths but I am keen to understand risks of various options strategies and eventually find good applicationa for options. Is there any hope for me without maths. Thanks

 

No, as originally stated in a different post, I am not affiliated with them. I just really appreciate what they offer, and it helped me. If someone else can benefit, so be it.

I will ignore your "telephone tough guy/sarcastic" attitude, and I am doing very well, thank you.

 

I think you need to understand it spatially. It's hard to get that intuition without starting off understanding the math. However, in practical purposes, the math won't be relevant to trading as the models are standard. At the end of the day, you need to determine where the models are wrong (either in inputs or through missing factors).

 

Bought the last Augen on Excel, totally useless..

 

One thisng that I have discovered is that options are like sex - it is much easier to understand pictures then words. So, I kept drawing various explanatory figures for my junior traders and over the years it all compiled into a pretty thick album. It has a lot of stuff , from intuitive explanations of Greeks and their use to dispersion and variance strategies.My last junior guy called it "options porn". I keep thinking of scanning it and posting it here, but it is a lot of work.

 

As they say - Just Do It!
It will be a great gift to ET community from you

 

Send it to me as I have a commercial duplex scanner.

 

This would be great.

 

Count me in!