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Option Volatility & Pricing: Advanced Trading Strategies and Techniques

Option Volatility & Pricing: Advanced Trading Strategies and TechniquesAuthor: Sheldon Natenberg
Publisher: McGraw-Hill

List Price: $65.00
Buy New: $32.00
as of 11/22/2009 14:32 CST details
You Save: $33.00 (51%)



New (39) Used (19) from $29.95

Seller: Express Booksellers
Rating: 4.5 out of 5 stars 66 reviews
Sales Rank: 7715

Media: Hardcover
Edition: 2nd
Pages: 470
Number Of Items: 1
Shipping Weight (lbs): 1.8
Dimensions (in): 9 x 6.1 x 1.4

ISBN: 155738486X
Dewey Decimal Number: 332.6328
EAN: 9781557384867
ASIN: 155738486X

Publication Date: August 1, 1994
Availability: Usually ships in 1-2 business days

Also Available In:

  • Kindle Edition - Option Volatility & Pricing: Advanced Trading Strategies and Techniques
  • Digital - Option Volatility & Pricing: Advanced Trading Strategies and Techniques

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Editorial Reviews:

Product Description
One of the most widely read books among active option traders around the world, Option Volatility & Pricing has been completely updated to reflect the most current developments and trends in option products and trading strategies.

Featuring:

  • Pricing models
  • Volatility considerations
  • Basic and advanced trading strategies
  • Risk management techniques
  • And more!

Written in a clear, easy-to-understand fashion, Option Volatility & Pricing points out the key concepts essential to successful trading. Drawing on his experience as a professional trader, author Sheldon Natenberg examines both the theory and reality of option trading. He presents the foundations of option theory explaining how this theory can be used to identify and exploit trading opportunities. Option Volatility & Pricing teaches you to use a wide variety of trading strategies and shows you how to select the strategy that best fits your view of market conditions and individual risk tolerance.

New sections include:

  • Expanded coverage of stock option
  • Strategies for stock index futures and options
  • A broader, more in-depth discussion volatility
  • Analysis of volatility skews
  • Intermarket spreading with options



Customer Reviews:
Showing reviews 1-5 of 66
1 2 3 4 5 6 ...14Next »



5 out of 5 stars A Must Read for any serious trader.....   November 1, 2009
James E. Potts (Columbia, SC)
This is a fundamental "must read" for anyone who seriously intends to trade options.

It's not a kind and gentle read (meaning you're going to get ALL the details about what drives option pricing). Sometimes you need to read through a section then back up and read it again - just like any legitimate textbook.

What you'll take from the book is true insight into what's happening on the other side of the trade - and how to leverage that to your advantage.

Again - a must read for anyone who is truly serious.




4 out of 5 stars The bible of the industry   September 28, 2009
Brian P. Kenny (New York City)
Natenburg is often referred to as the bible of options. If you are in that business, this is a great choice to read. Although dry at times (as a result of the subject), this book is thorough and a must have for those who are learning.


2 out of 5 stars Toooo... much theory. Not enough examples to reinforce   June 23, 2009
BK (SOMERVILLE, NJ USA)
1 out of 1 found this review helpful

The book dwells on too much theory:

1)Not hands on.
2)Too much of explanation with few examples and kind of feel abstract sometimes.

I got headache and resold mine. Don't get carried away by the 5 star reviews. This might not be for everyone.



1 out of 5 stars Still Waiting   April 21, 2009
Murray P. Tosh
0 out of 12 found this review helpful

It has been 32 days and I still have not received this book.

Murray Tosh




5 out of 5 stars Bible for Options Traders   March 12, 2009
Bradford Ferguson
1 out of 1 found this review helpful

This book is best understood by options traders, or clerks training to become traders. It is hard for all the concepts to sink in without getting your hands dirty on a trading floor. I was a floor trader at the CBOE for 4 years. At a MINIMUM, the reader should have access to a live stock options quote feed and follow an option tree for a stock. Some concepts will not sink in at first and realization may occur only after months of trading. An in-depth study in stock options is best for someone who is excellent in math.

Natenburg lays out all the risk factors involved in stock options: underlying stock direction (delta), movement speed (gamma), volatility (vega), time decay (theta), interest rate / margin / dividend (rho). Then there is the multitude of trading strategies...

For investors out there looking for a "free lunch" from stock options, no such thing exists. Any trading strategy has trade-offs and every stock option has a price. If you believe in a "free lunch" then good luck to you.


Showing reviews 1-5 of 66
1 2 3 4 5 6 ...14Next »





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