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Trading Commodity Options...with Creativity: When, why, and how to develop strategies to improve the odds in any market environment and risk-reward profile
Trading Commodity Options…with Creativity takes readers on an unfamiliar voyage destined to simplify the options on futures markets and arm market participants with the knowledge to employ smarter commodity market strategies.
Many books have been written on options trading, but most focus on the academic side of options suggesting there are black and white answers and reliable mathematical formulas to determine profit and loss. Yet, options traders must be ready and willing to deal in gray areas, approximations, and guesswork. Trading Commodity Options…with Creativity bridges the gap between traditional options trading literature and real-life trading examples. Through tough-learned lessons, this book tackles the nearly impossible task of streamlining the process of developing an appropriate options strategy for any market environment and risk tolerance, then making the necessary mid-trade adjustments to improve the odds of success.
Carley Garner is a frequent contributor of commodity market analysis to CNBC’s Mad Money TV show hosted by Jim Cramer. She is also a regular guest on the Options Insight segment on Bloomberg Television with Abigail Doolittle. Garner has been a futures and options broker, where for over nearly two decades she has had a front-row seat to the trials, tribulations, and victories traders have been dealt by the commodity markets.
Trading Commodity Options…with Creativity is Garner’s fifth title. She is a best-selling author and has been praised for her knack of portraying complicated subject matter in an easy-to-read and entertaining format. Readers will undoubtedly walk away with the tools needed to utilize options, tame the treacherous commodity markets, and create custom-risk and reward profiles to meet the needs of traders regardless of size and experience.
“If you are looking to get rich quick, keep looking. Carley Garner’s latest effort outlines the brutal consequences that come with lackadaisical risk management in commodity trading. Trading Commodity Options…with Creativity opens readers' minds to imaginative and unconventional option strategies intended to reduce the hazards of speculation as well as help businesses improve the efficiency of their hedging activities. If you are willing to think outside of the box and put in the legwork, this book is essential for those searching for a smarter way to participate in the futures markets.”—James Cramer, Host of Mad Money, CNBC
“Carley Garner is one of the premier voices on trading options and commodity futures. She is as authentic as she is knowledgeable. Trading Commodity Options...with Creativity is the perfect combination of her expertise and personality and it as engaging as it is helpful. This book is a fantastic real-world guide on how to how trade commodity options with finesse.”—Abigail Doolittle, Options Insight Host, Bloomberg Television
"Carley breaks down commodity options trading with a precision that only a seasoned pro can do. The well-thought-out format showing the pros and cons of different strategies provides a consistent template essential for learning. The biggest bonus is the unexpected wealth of information on everything from seasonals to expirations. The subtleties take the book well beyond a pure textbook. Nice job!"—Linda Raschke, Professional Trader
“One of Carley's greatest skills is the ability to make complex topics easy to understand. Trading commodity options with…Creativity is another example of her skill. Carley's ability is to demystify the sometimes-intimidating world of options trading is amazing and valuable to every level of trader. Veteran traders view options as part math and part religion. Once you are indoctrinated into this world you won’t trade without them.”—Jim Iuorio, TJM Institutional Services and CNBC Contributor
Many books have been written on options trading, but most focus on the academic side of options suggesting there are black and white answers and reliable mathematical formulas to determine profit and loss. Yet, options traders must be ready and willing to deal in gray areas, approximations, and guesswork. Trading Commodity Options…with Creativity bridges the gap between traditional options trading literature and real-life trading examples. Through tough-learned lessons, this book tackles the nearly impossible task of streamlining the process of developing an appropriate options strategy for any market environment and risk tolerance, then making the necessary mid-trade adjustments to improve the odds of success.
Carley Garner is a frequent contributor of commodity market analysis to CNBC’s Mad Money TV show hosted by Jim Cramer. She is also a regular guest on the Options Insight segment on Bloomberg Television with Abigail Doolittle. Garner has been a futures and options broker, where for over nearly two decades she has had a front-row seat to the trials, tribulations, and victories traders have been dealt by the commodity markets.
Trading Commodity Options…with Creativity is Garner’s fifth title. She is a best-selling author and has been praised for her knack of portraying complicated subject matter in an easy-to-read and entertaining format. Readers will undoubtedly walk away with the tools needed to utilize options, tame the treacherous commodity markets, and create custom-risk and reward profiles to meet the needs of traders regardless of size and experience.
“If you are looking to get rich quick, keep looking. Carley Garner’s latest effort outlines the brutal consequences that come with lackadaisical risk management in commodity trading. Trading Commodity Options…with Creativity opens readers' minds to imaginative and unconventional option strategies intended to reduce the hazards of speculation as well as help businesses improve the efficiency of their hedging activities. If you are willing to think outside of the box and put in the legwork, this book is essential for those searching for a smarter way to participate in the futures markets.”—James Cramer, Host of Mad Money, CNBC
“Carley Garner is one of the premier voices on trading options and commodity futures. She is as authentic as she is knowledgeable. Trading Commodity Options...with Creativity is the perfect combination of her expertise and personality and it as engaging as it is helpful. This book is a fantastic real-world guide on how to how trade commodity options with finesse.”—Abigail Doolittle, Options Insight Host, Bloomberg Television
"Carley breaks down commodity options trading with a precision that only a seasoned pro can do. The well-thought-out format showing the pros and cons of different strategies provides a consistent template essential for learning. The biggest bonus is the unexpected wealth of information on everything from seasonals to expirations. The subtleties take the book well beyond a pure textbook. Nice job!"—Linda Raschke, Professional Trader
“One of Carley's greatest skills is the ability to make complex topics easy to understand. Trading commodity options with…Creativity is another example of her skill. Carley's ability is to demystify the sometimes-intimidating world of options trading is amazing and valuable to every level of trader. Veteran traders view options as part math and part religion. Once you are indoctrinated into this world you won’t trade without them.”—Jim Iuorio, TJM Institutional Services and CNBC Contributor
378 pages, Kindle Edition
Published July 27, 2020
68 people are currently reading
28 people want to read
About the author
Carley Garner
31 books27 followersSenior Commodity Market Strategist and Broker, STOCKS & COMMODITIES Magazine Columnist, TheStreet.com Contributor, and Author
Carley Garner is an experienced futures and options broker with DeCarley Trading, a division of Zaner Group, in Las Vegas, Nevada. She is also the author of Higher Probability Commodity Trading; A Trader's First Book on Commodities (two editions); Currency Trading in the Forex and Futures Markets; and Commodity Options. Her e-newsletters, The DeCarley Perspective and The Financial Futures Report, have garnered a loyal following; she is also proactive in providing free trading education at www.DeCarleyTrading.com.
Carley is a magna cum laude graduate of the University of Nevada Las Vegas, from which she earned dual bachelor’s degrees in finance and accounting. Carley jumped into the options and futures industry with both feet in early 2004 and has become one of the most recognized names in the business. Her commodity market analysis is often referenced on Jim Cramer’s Mad Money on CNBC and she is a regular contributor to TheStreet.com and its Real Money Pro service.
Carley authors a monthly column in STOCKS & COMMODITIES magazine and has been featured in the likes of Futures, Active Trader, Option Trader magazines, and many more. She has been quoted by Investor’s Business Daily and The Wall Street Journal and has also been known to participate in radio interviews. She can be found on the speaking circuit.
Carley Garner is an experienced futures and options broker with DeCarley Trading, a division of Zaner Group, in Las Vegas, Nevada. She is also the author of Higher Probability Commodity Trading; A Trader's First Book on Commodities (two editions); Currency Trading in the Forex and Futures Markets; and Commodity Options. Her e-newsletters, The DeCarley Perspective and The Financial Futures Report, have garnered a loyal following; she is also proactive in providing free trading education at www.DeCarleyTrading.com.
Carley is a magna cum laude graduate of the University of Nevada Las Vegas, from which she earned dual bachelor’s degrees in finance and accounting. Carley jumped into the options and futures industry with both feet in early 2004 and has become one of the most recognized names in the business. Her commodity market analysis is often referenced on Jim Cramer’s Mad Money on CNBC and she is a regular contributor to TheStreet.com and its Real Money Pro service.
Carley authors a monthly column in STOCKS & COMMODITIES magazine and has been featured in the likes of Futures, Active Trader, Option Trader magazines, and many more. She has been quoted by Investor’s Business Daily and The Wall Street Journal and has also been known to participate in radio interviews. She can be found on the speaking circuit.
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Displaying 1 - 3 of 3 reviews
January 10, 2021
Couldn’t Recommend More!
Certainly it was the best book I’ve read about commodities ever! Simple language, lots of real examples and, most important and unique on 5this book, FAILED examples. That’s the first book I’ve read about trading that shows examples that failed. A great learning.
Besides that, and that’s the main point of the book, it is focused on option selling, which I’ve been doing about two years. There’s much more opportunity in smaller and more probable gains in selling than bigger and (really) rare gains with options buying.
I also recommend a the other book from the author and followed her on social media.
This book is REALLY cheap compared to what you can get from it.
Certainly it was the best book I’ve read about commodities ever! Simple language, lots of real examples and, most important and unique on 5this book, FAILED examples. That’s the first book I’ve read about trading that shows examples that failed. A great learning.
Besides that, and that’s the main point of the book, it is focused on option selling, which I’ve been doing about two years. There’s much more opportunity in smaller and more probable gains in selling than bigger and (really) rare gains with options buying.
I also recommend a the other book from the author and followed her on social media.
This book is REALLY cheap compared to what you can get from it.
May 17, 2025
Loads of great info.
I just finished the book and plan to start rereading so I can take detailed notes. I wanted to read over quickly the first time, just to get an idea if trading options was something I would want to do. The author covered many topics, in a good way to understand such a complicated topic.
I just finished the book and plan to start rereading so I can take detailed notes. I wanted to read over quickly the first time, just to get an idea if trading options was something I would want to do. The author covered many topics, in a good way to understand such a complicated topic.
October 29, 2021
A must to read book!
This is a must to read book for anyone who’s making their way in futures training. Very valuable information from experienced author. Definitely recommend reading! Thank you!
This is a must to read book for anyone who’s making their way in futures training. Very valuable information from experienced author. Definitely recommend reading! Thank you!
Displaying 1 - 3 of 3 reviews