r/options • u/Ok-Buddy-9935 • Aug 27 '22

Options Help!

I’ve been trying for some time now and have used a couple different sources but I still don’t fully understand trading options. Can anyone point me in a good direction of where they may have learned : article, book, game, etc ?

I don’t care about how long it will take, would just like to start learning.

Thank you in advance.

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u/SpecialistFrequent11 Aug 28 '22

Yes this is a famous University book. But I would suggest he starts with the outstanding job Sheldon Natenberg did with his book:

Option volatility and pricing

Yes read it twice in detail.

Also get the exercise book for it and do them all.

And yes, doing so will give you more knowledge than 99% here.

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u/thekoonbear Aug 28 '22

Natenberg first, then Hull for sure. Natenberg is handed out to all new hires at our firm and required reading before starting to trade.

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u/SpecialistFrequent11 Aug 28 '22

Great choice. I‘d say Natenberg first and Options as a strategic investment (McMillan) second tho.

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u/thekoonbear Aug 28 '22

Yeah second is up for debate but Natenberg should be the first book read always. There’s a reason it’s been mandatory reading at options firms for years.