Trading Options Greeks
How Time, Volatility, and Other Pricing Factors Drive Profits
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- $57.99
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- $57.99
Publisher Description
A top options trader details a practical approach for pricing and trading options in any market condition
The options market is always changing, and in order to keep up with it you need the greeks—delta, gamma, theta, vega, and rho—which are the best techniques for valuing options and executing trades regardless of market conditions. In the Second Edition of Trading Options Greeks, veteran options trader Dan Pasarelli puts these tools in perspective by offering fresh insights on option trading and valuation.
An essential guide for both professional and aspiring traders, this book explains the greeks in a straightforward and accessible style. It skillfully shows how they can be used to facilitate trading strategies that seek to profit from volatility, time decay, or changes in interest rates. Along the way, it makes use of new charts and examples, and discusses how the proper application of the greeks can lead to more accurate pricing and trading as well as alert you to a range of other opportunities.
Completely updated with new material Information on spreads, put-call parity and synthetic options, trading volatility, and advanced option trading is also included Explores how to exploit the dynamics of option pricing to improve your trading
Having a comprehensive understanding of the greeks is essential to long-term options trading success. Trading Options Greeks, Second Edition shows you how to use the greeks to find better trades, effectively manage them, and ultimately, become more profitable.
Customer Reviews
First Rate Options Trading
I trade Futures and Futures Options professionally and have read all of Larry McMillan's outstanding works, but to date I've not come across a book that so well explains the greeks as Mr. Passarelli's 2nd Edition of this book.
I trade a lot of vertical spreads and never before have I taken the time to break down the characteristics of the position beyond just bull/bear or debit/credit to look inside these positions and understand their characteristics as the underlying moves.
There were several portions of the book I read again just to make sure I grasped all that is here.
The book renders very well on the iPad.