good option selling books

[luisHK]

Hi

Which book would you recommend to get acquainted with option selling, but also option trading generally?

It should be less technical than John Hull Option, Futures and other derivatives as I gave up after less than 100 pages, but I would apreciate the book to give a serious picture of at least put selling, as well as straddles and strangles.

Also I'm interested in several timeframes, but definetely holding overnight

 

[atticus]

Locate a book on buying and read it from back to front.

 

[luisHK]

Lol, thanks, any additional input- not necessarily in the same vein ?

 

[Traveler]

Natenberg, Cottle?

 

[luisHK]

Thanks for the advice, here and elsewhere on the forum, I finally ordered :

Option Volatility & Pricing: Advanced Trading Strategies and Techniques"
Natenberg, Sheldon

Trading Options to Win: Profitable Strategies and Tactics for Any Trader (Wiley Trading)"
Johnston, S. A.; Hardcover;

"The Complete Guide to Option Selling, Second Edition"
Cordier, James; Hardcover


It should keep me busy for while

 

[BetterBeta]

McMillan on Options - provides some great trading examples based on various market conditions that involve both buying and selling options. Highly recommended.

Also recommend Benklifa's Iron Condor book (obviously limited to IC's).

 

[luisHK]

Quote from BetterBeta:

McMillan on Options - provides some great trading examples based on various market conditions that involve both buying and selling options. Highly recommended.

Thanks betterBeta, I just ordered that book.

Since the OP I went through

Option Volatility & Pricing: Advanced Trading Strategies and Techniques"
Natenberg, Sheldon

and

"The Complete Guide to Option Selling, Second Edition"
Cordier, James; Hardcover

and found both books quite informative, although The complete guide to option selling was a bit too biaised for my taste. Any other book on the topic, with possibly a more balanced view on option selling ?

As of

Trading Options to Win: Profitable Strategies and Tactics for Any Trader (Wiley Trading)"
Johnston, S. A.; Hardcover;

I wonder if the seller will post ever post it... might have to order it again elsewhere...

 

[marcoPolo21]

Quote from BetterBeta:
McMillan on Options - provides some great trading examples based on various market conditions that involve both buying and selling options. Highly recommended.
Also recommend Benklifa's Iron Condor book (obviously limited to IC's).

I re-read chapters in McMillan's book now and then
good book

marc

 

[BetterBeta]

Agreed re. McMillan's book - Chapter 5 on systems and strategies (especially the intermarket spreads) is full of great insight.

He's overdue for another update - last edition came out in '04.