Option Trading: Pricing and Volatility Strategies and Techniques

by Euan Sinclair

An A to Z options trading guide for the new millennium and the new economy Written by professional trader and quantitative analyst Euan Sinclair, Option Trading is a comprehensive guide to this discipline covering everything from historical background, contract types, and market structure to volatility measurement, forecasting, and hedging techniques. This comprehensive guide presents the detail and practical information that professional option traders need, whether they're using options to hedge, manage money, arbitrage, or engage in structured finance deals. It contains information essential to anyone in this field, including option pricing and price forecasting, the Greeks, implied volatility, volatility measurement and forecasting, and specific option strategies. Option trading will continue to be an important part of the financial landscape. This book will show you how to make the most of these profitable products, no matter what the market does.

Genres: Finance, Business

320 pages, Hardcover

First published January 1, 2010

About the author

Euan Fraser Fitzpatrick Sinclair

Reviews

[Palmer Lao · Rating 5 out of 5]

I really enjoyed this book, although I made the mistake of reading it "casually". I hope to (and would recommend) going back over it with a pencil and paper or something.

[Matias Andrade · Rating 4 out of 5]

Excellent introduction to the practical side of trading options. Not enough for trading tho, I still got rekt. Proceed with caution, supplement with more theoretical work like Hull.

[Ian Wagner · Rating 5 out of 5]

Probably one of the best books ever written on options trading. Highly recommend.

[Steven Strohmier · Rating 3 out of 5]

A decent introduction but likely most Wiley Trading books, VERY poorly edited. Multiple errors.

[Drew Goldman · Rating 4 out of 5]

Options theory applied for market makers in a straightforward, concise book.

[J. P. M. Neves · Rating 5 out of 5]

This book will give you a deep understanding of options. It does so through the eyes of positional traders that trade volatility and market makers. That makes sense because the author was a market maker and is now an independent positional trader.
It does not directly write about directional trading. However, it lays down the fundamental concepts any options trader has to know.
The book goes over market structure, the option contracts itself, option strategies, hedging, and risk management.
My favourite parts were the ones about market structure and market making, but I got so much value on each and every page of this book.

Highly recommend.

It's not a sprint. It's a marathon.