Yes, I know there are active threads soliciting advice for books related to trading. However, I am looking for anything that would be relevant for someone learning options market making that would include position management and hedging. Thanks in advance!
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Books on Market Making
- Thread starter youngmoney
- Start date
There is a book by Cottle that is available somewhere for download. You can't buy it as it's out of print. The old print book was called Options Perception/Deception. I think the online one is called Coulda, Shoulda, Woulda. It is an excellent read. I recently reread my original print one. It had a profound impact on trading.
Another book is called Option Market Making bt Allen Jan Baird. I have read most of it. It's good and goes over some specifics of market making.
Another book is called Option Market Making bt Allen Jan Baird. I have read most of it. It's good and goes over some specifics of market making.
You could check out "The Market Maker's Edge" by Josh Lukeman. I've read it, and I found it a pretty good read at the time. It does describe some of the tactics, tools and techniques the MMs used a couple of years ago. It may be a little dated now (I haven't traded US stocks in the last five years). It's a much better book than most of the trading books out there, Lukeman seems to be a bright guy with a coherent writing style.