WHAT EVERY OPTION TRADER NEEDS TO KNOW. THE ONE BOOK EVERY TRADER SHOULD OWN.
The bestselling Option Volatility & Pricing
has made Sheldon Natenberg a widely recognized authority in the option
industry. At firms around the world, the text is often the first book
that new professional traders are given to learn the trading strategies
and risk management techniques required for success in option markets.
Now,
in this revised, updated, and expanded second edition, this thirty-year
trading professional presents the most comprehensive guide to advanced
trading strategies and techniques now in print. Covering a wide range of
topics as diverse and exciting as the market itself, this text enables
both new and experienced traders to delve in detail into the many
aspects of option markets, including:
- The foundations of option theory
- Dynamic hedging
- Volatility and directional trading strategies
- Risk analysis
- Position management
- Stock index futures and options
- Volatility contracts
Clear, concise, and comprehensive, the second edition of Option Volatility & Pricing
is sure to be an important addition to every option trader's
library--as invaluable as Natenberg's acclaimed seminars at the world's
largest derivatives exchanges and trading firms.
You'll learn how
professional option traders approach the market, including the trading
strategies and risk management techniques necessary for success. You'll
gain a fuller understanding of how theoretical pricing models work. And,
best of all, you'll learn how to apply the principles of option
evaluation to create strategies that, given a trader's assessment of
market conditions and trends, have the greatest chance of success.
Option trading is both a science and an art. This book shows how to apply both to maximum effect.
