Option Volatility and Pricing

Advanced Trading Strategies and Techniques · 2nd Edition
By Sheldon Natenberg

Option Volatility and Pricing is the definitive professional guide to understanding options markets, volatility behavior, and risk management. Written by renowned trader and educator Sheldon Natenberg, this globally respected text is used by market makers, hedge funds, portfolio managers, and serious options traders.

The second edition expands on volatility modeling, option pricing theory, and hedging mechanics with real-world trading examples drawn from modern derivatives markets. The focus is not just on formulas, but on how options actually behave in live markets.

What This Book Covers

• Historical vs implied volatility, skew, and term structure
• Black–Scholes, binomial models, and dynamic hedging
• The Greeks and their real-world interactions
• Volatility-based trading strategies and spreads
• Risk management, position sizing, and margin dynamics
• Market psychology and volatility cycles

Why Traders Trust This Book

• Used globally by professional traders and institutions
• Explains complex theory using intuitive market logic
• Balances quantitative rigor with practical execution insight
• Deep focus on volatility surfaces and risk control
• Bridges the gap between retail and institutional trading knowledge

Ideal For

• Options traders seeking mastery of volatility and the Greeks
• Portfolio managers and risk analysts
• Quantitative finance and derivatives students
• Professional traders transitioning to advanced strategies

Master volatility, master options.
Order Option Volatility and Pricing, 2nd Edition today from BooksGoat.