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Options Math for Traders: How To Pick the Best Option Strategies for Your Market Outlook
Volatility is critical to every option trade, whether the trader knows it or not. Options Math for Traders shows individual traders and investors what the professionals why some option strategies have the math on their side and others fight it from the start.
Scott Nations — Long-time CNBC contributor and president of Nations Indexes, the world's leading independent developer of option-enhanced and volatility indexes — explains the phenomena that drive every option's implied volatility and the volatility risk premium, skew, time decay, the bid/ask spread, and volatility slope. Then he puts that math to work, showing when and how to use covered calls, cash-secured puts, calendar spreads, risk reversals, and vertical spreads — all with real market prices and worked examples, not hypotheticals.
This fully revised second edition updates the 2012 original with current market data, daily expirations and 0DTE options, and new strategy examples throughout. Includes a complete appendix of the underlying formulas — from Black-Scholes to the greeks — and a glossary of trading terms.
If you've ever sold a covered call, bought a put for protection, or wondered why an option trade that "should" have worked didn't, this book explains the math that decided the outcome — and how to put it on your side.
Scott Nations — Long-time CNBC contributor and president of Nations Indexes, the world's leading independent developer of option-enhanced and volatility indexes — explains the phenomena that drive every option's implied volatility and the volatility risk premium, skew, time decay, the bid/ask spread, and volatility slope. Then he puts that math to work, showing when and how to use covered calls, cash-secured puts, calendar spreads, risk reversals, and vertical spreads — all with real market prices and worked examples, not hypotheticals.
This fully revised second edition updates the 2012 original with current market data, daily expirations and 0DTE options, and new strategy examples throughout. Includes a complete appendix of the underlying formulas — from Black-Scholes to the greeks — and a glossary of trading terms.
If you've ever sold a covered call, bought a put for protection, or wondered why an option trade that "should" have worked didn't, this book explains the math that decided the outcome — and how to put it on your side.
339 pages, Kindle Edition
Published October 7, 2026
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Displaying 1 - 1 of 1 review
November 11, 2026
option math for traders
Understanding the maths of option help in picking option strategies.
This gives a better understanding of Black Scholes formula for options.
This is helpful for both beginners and advance traders.
Oduah Osaro
Understanding the maths of option help in picking option strategies.
This gives a better understanding of Black Scholes formula for options.
This is helpful for both beginners and advance traders.
Oduah Osaro
Displaying 1 - 1 of 1 review