Options books

slidertrader · Aug 23, 2006

I am new to options, but have the basic concepts down. I was looking for a book similar to "Reminicences of a stock operator", for the options trader. Not a direct strategy, but something that gives someone a feel for a way to approach the options market.

MTE · Aug 23, 2006

Quote from slidertrader:

I am new to options, but have the basic concepts down. I was looking for a book similar to "Reminicences of a stock operator", for the options trader. Not a direct strategy, but something that gives someone a feel for a way to approach the options market.

"Options Trading: The Hidden Reality" by Cottle, not exactly the reminiscinces, but a good book.

Also check out the "Market Wizards" series as there are some interviews with option traders.

"Option Market Making" by Baird gives a good perspective on market makers.

momoneythansens · Aug 23, 2006

If you can stand the slightly "Holier-than-thou" tone of the book then Fooled by Randomness by Nassim Taleb is definitely worth checking out for one perspective on how to approach the options markets IMO.

slidertrader · Aug 23, 2006

Quote from MTE:

"Options Trading: The Hidden Reality" by Cottle, not exactly the reminiscinces, but a good book.

Also check out the "Market Wizards" series as there are some interviews with option traders.

"Option Market Making" by Baird gives a good perspective on market makers.

Thx, I have the market wizards books, I will go back over the options interviews, and check out the other books.

raya · Aug 23, 2006

Try Larry Mcmillians. He is one of the best. Get the 2004 edition. It's called "Mcmillian on Options"

psytrade · Aug 23, 2006

the complete guide to option pricing formulas. by Haug

jdi · Aug 26, 2006

Pit Bull - Martin Schwartz maybe?

sharrig · Aug 26, 2006

I've found "The Inner Game of Trading" by Robert Koppel and Howard Abel where they talk to top traders and provide and insight to money management some charting.

It provides an insight into how top traders think, it's an easy read and I use mine as a reference so much so i'ts dog eared.

roncer · Aug 27, 2006

I would love to find a book on straight simple OEX and or SPX calls and puts options trading. That's the kind of trading I am currently working with. Trading the OEX almost like I trade the Eminis.

It seems to work pretty well accept for getting out fast.......that is often a problem.

BCE · Aug 27, 2006

Quote from raya:

Try Larry Mcmillians. He is one of the best. Get the 2004 edition. It's called "Mcmillian on Options"

Larry is pretty much consider THE MAN when it comes to options. I have a brand new copy of this book that I'm interested in selling for a good price to anyone that's interested. PM me if you are.

http://www.amazon.com/gp/product/0471678759/