What to read after Natenberg?

[justrading]

Quote from maxima120:

Why Sinclair is Filthy?

That's what he calls himself on various forums.

 

[osho67]

Quote from newwurldmn:

I haven't read McMilan, but Hull and natenberg aren't in the same league. I think Natenberg was bedside reading and Hull is a proper derivatives book. Read it and do all the math problems. You will understand derivatives better than many floor traders. This is important. If you understand the tool then it's easier to find applications.

After that read a bunch of blogs and see how they use options and volatility and try to figure why their trades are probably stupid. You'll learn the risks of various options strategies and then help you find good applications for options.

I am not good at maths but I am keen to understand risks of various options strategies and eventually find good applicationa for options. Is there any hope for me without maths. Thanks

 

[bornwarrior]

Quote from atticus:

You have no affiliation with the company, yet all of your recent posts are recommending whatever it is.

Is "home gamer" a euphemism for loser?

No, as originally stated in a different post, I am not affiliated with them. I just really appreciate what they offer, and it helped me. If someone else can benefit, so be it.

I will ignore your "telephone tough guy/sarcastic" attitude, and I am doing very well, thank you.

 

[newwurldmn]

Quote from osho67:

I am not good at maths but I am keen to understand risks of various options strategies and eventually find good applicationa for options. Is there any hope for me without maths. Thanks

I think you need to understand it spatially. It's hard to get that intuition without starting off understanding the math. However, in practical purposes, the math won't be relevant to trading as the models are standard. At the end of the day, you need to determine where the models are wrong (either in inputs or through missing factors).

 

[froluis]

Bought the last Augen on Excel, totally useless..

 

[sle]

One thisng that I have discovered is that options are like sex - it is much easier to understand pictures then words. So, I kept drawing various explanatory figures for my junior traders and over the years it all compiled into a pretty thick album. It has a lot of stuff , from intuitive explanations of Greeks and their use to dispersion and variance strategies.My last junior guy called it "options porn". I keep thinking of scanning it and posting it here, but it is a lot of work.

 

[gmst]

Quote from sle:

One thisng that I have discovered is that options are like sex - it is much easier to understand pictures then words. So, I kept drawing various explanatory figures for my junior traders and over the years it all compiled into a pretty thick album. It has a lot of stuff , from intuitive explanations of Greeks and their use to dispersion and variance strategies.My last junior guy called it "options porn". I keep thinking of scanning it and posting it here, but it is a lot of work.

As they say - Just Do It!
It will be a great gift to ET community from you

 

[atticus]

Quote from sle:

One thisng that I have discovered is that options are like sex - it is much easier to understand pictures then words. So, I kept drawing various explanatory figures for my junior traders and over the years it all compiled into a pretty thick album. It has a lot of stuff , from intuitive explanations of Greeks and their use to dispersion and variance strategies.My last junior guy called it "options porn". I keep thinking of scanning it and posting it here, but it is a lot of work.

Send it to me as I have a commercial duplex scanner.

 

[justrading]

Quote from sle:

One thisng that I have discovered is that options are like sex - it is much easier to understand pictures then words. So, I kept drawing various explanatory figures for my junior traders and over the years it all compiled into a pretty thick album. It has a lot of stuff , from intuitive explanations of Greeks and their use to dispersion and variance strategies.My last junior guy called it "options porn". I keep thinking of scanning it and posting it here, but it is a lot of work.

This would be great.

 

[maxima120]

Count me in!