Good Books for Systematically Trading Options
- Thread starter ms288
- Start date
By "good" (i.e. you find to be satisfactory in quality and quantity) I assume that your looking for a book(s) that provide a system having, showing, or involving a method or plan for successfully trading options.
No such book(s) exist.
“Those who know don't tell and those who tell don't know.”
― Michael Lewis, Liar's Poker
There are, of course, dozens of books that pertain to the trading of options many of which proffer what the author believes to be the be-all-end-all of books that will, if their advice is followed, lead the reader to riches beyond their wildest dreams. These are the same people who display their knowledge on the nightly news shows about where they think the market is going to go tomorrow/next week/next month/next year. Sometimes some of them are right.
There are, notwithstanding the foregoing, some decent books available which help the novice options trader better understand the options trading world and how to build his or her own trading plan and, as a part of that plan, trading strategy.
In no particular order of preference I have in my library;
Options Pricing and Volatility (2nd Ed.)
Natenberg
The Complete Guide to Options Selling (3rd Ed.)
Cordier and Gross
Getting Started in Options (8th Ed.)
Thomsett
All About Options (3rd Ed.)
McCafferty
Trading Weekly Options
Rhoads
Options Spread Trading
Rhoads
Vertical Options Spreads
Conrick and Hanson
Options as a Strategic Investment (5th Ed.)
McMillan
The Bible of Options Strategies (2nd Ed.)
Cohen
Plus all the free literature you can get your hands on from;
Chicago Board Options Exchange
Options Industry Council
Options Clearing Corporation
Chicago Mercantile Exchange
Chicago Board of Trade (CME Group)
...and the rules by which the options game is played;
Securities Exchange Commission
Financial Industry Regulatory Authority
Commodity Futures Trading Commission
National Futures Association
There is, of course, much more but reading and studying the foregoing will help you formulate your own personal plan for systematically trading options.
Best
No such book(s) exist.
“Those who know don't tell and those who tell don't know.”
― Michael Lewis, Liar's Poker
There are, of course, dozens of books that pertain to the trading of options many of which proffer what the author believes to be the be-all-end-all of books that will, if their advice is followed, lead the reader to riches beyond their wildest dreams. These are the same people who display their knowledge on the nightly news shows about where they think the market is going to go tomorrow/next week/next month/next year. Sometimes some of them are right.
There are, notwithstanding the foregoing, some decent books available which help the novice options trader better understand the options trading world and how to build his or her own trading plan and, as a part of that plan, trading strategy.
In no particular order of preference I have in my library;
Options Pricing and Volatility (2nd Ed.)
Natenberg
The Complete Guide to Options Selling (3rd Ed.)
Cordier and Gross
Getting Started in Options (8th Ed.)
Thomsett
All About Options (3rd Ed.)
McCafferty
Trading Weekly Options
Rhoads
Options Spread Trading
Rhoads
Vertical Options Spreads
Conrick and Hanson
Options as a Strategic Investment (5th Ed.)
McMillan
The Bible of Options Strategies (2nd Ed.)
Cohen
Plus all the free literature you can get your hands on from;
Chicago Board Options Exchange
Options Industry Council
Options Clearing Corporation
Chicago Mercantile Exchange
Chicago Board of Trade (CME Group)
...and the rules by which the options game is played;
Securities Exchange Commission
Financial Industry Regulatory Authority
Commodity Futures Trading Commission
National Futures Association
There is, of course, much more but reading and studying the foregoing will help you formulate your own personal plan for systematically trading options.
Best