Trading Option Greeks: How Time, Volatility, and Other Pricing Factors Drive Profit

Additional Trading Option Greeks: How Time, Volatility, and Other Pricing Factors Drive Profit Information

What Customers Say About Trading Option Greeks: How Time, Volatility, and Other Pricing Factors Drive Profit:

I have read the first three chapters so far. The book is well written and is loaded with examples of detailed explinations of the principles taught. The early chapters appear to lay the foundation for more complex strtagies that are presented later in the book. For me the book is an excellent recourse.

If you are interested in trading options and have some basic options knowledge, this book is well worth the small investment to gain insight into options trading mechanics. Most options books I have bought do not cover greeks in this amount of detail. When setting up a spread, this book gives a detailed analysis on the effect of each greek in the position. It covers many of the common types of trades.

I had hoped for a better guide for investing with options. Some of the basics are covered and many of the more complex option positions are also covered.The alpha and beta Greeks for the underlying stock aren't covered although they are important to an options price.Although the bid-ask spread is mentioned in the introduction, there is no mention of how to get the best price for an option. And, if one goes to more complex option positions the problem becomes compounded.There isn't any mention on how to calculate the option Greeks accurately and without that many of the strategies won't work.

A fantastic book to add to your library of options analysis. If you want to understand how to trade volatility, this is your book. Not for beginners, but if you want to understand why option prices change, this is your book. If you want to understand the implications of various positions, this is your book. The last part sold me on the book. I have become more confident after reading this book.

Written with the clarity of a practioner with minimal math density though a little excessive use of tabular data (some charts would have been better). My introduction to options was in a very math dense way which leaves you comfortable with geometric brownian motion but unable to act when faced with real time quotes and a rapidly moving market.Overall a good effort and worth a read for anyone getting serious with trading options. Would highly recommend changing the font and line spacing to avoid eye fatigue in next editions.