July 23, 2008If you are trading your own account, you need to approach it with all the diligence and planning as you would a business. This book by far is the best one I’ve ever read that walks you through doing just that.
I was turned to this book by the rave reviews by Trader Mike of Van Tharp […]
Popularity: 10% [?]
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June 19, 2008I ave never seen this book mentioned in the same league as others I’ve posted about here, but it is one of my favorites:
Options Plain & Simple is straightforward, with a minimum of jargon. There is a heavy focus on the greeks and spreads, and like the best books in this genre, it is sprinkled […]
Popularity: 10% [?]
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June 18, 2008Another book passed around often among traders…
This book is another one near the top of most trader’s lists. It is not for the beginner, as it places a large focus on synthetics throughout the chapters. A big reason is that almost all of the trades are laid over long stock positions, which makes for interesting […]
Popularity: 10% [?]
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June 7, 2008Here is another book I refer to and reread parts of regularly.
I would guess that one of the biggest reasons why most option traders wash out is the lack of understanding of implied volatility. Option prices are directly related to implied volatility. One makes money by buying options low, and selling options high. You won’t […]
Popularity: 11% [?]
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June 4, 2008Anothony Saliba is a legend in options trading, having been the most prominent options trader featured in Market Wizards. This is his most popular book.
The Options Workbook is meant to be an introduction and overview into trading options and covers alot of territory. Here is the Table of Contents:
Basic Concepts
Building Blocks - Calls and Puts
Synthetic […]
Popularity: 10% [?]
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June 2, 2008This next book is considered a classic when it comes to option strategy. Nearly every serious option trader learning from home comes around to this book sooner or later.
This book is a revised and expanded version of two of Cottle’s earlier works which gained him alot of fame, “Options: Perception and Decption,” and “Coulda Woulda […]
Popularity: 11% [?]
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May 30, 2008After reading about Tony Saliba in Market Wizards a decade ago, he became one of my heroes so to speak, because he spelled out how he may trades. If my memory serves me right, it was all-butterflies all-the-time, with way out of the money puts and calls as insurance in case of an “explosive move.” […]
Popularity: 33% [?]
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