There are many books available on option trading, and the “best” book will depend on your level of experience and the specific approach to option trading you are interested in. Here are a few options to consider:
- “Option Volatility and Pricing: Advanced Trading Strategies and Techniques” by Sheldon Natenberg – This book is often considered the “bible” of options trading and covers the basics of option pricing and advanced trading strategies.
- “The Options Playbook” by Brian Overby – This book is a comprehensive guide to options trading strategies, with a focus on practical examples and clear explanations.
- “Options as a Strategic Investment” by Lawrence G. McMillan – This book is a classic reference for options traders and covers everything from basic concepts to advanced trading strategies.
- “Trading Options Greeks: How Time, Volatility, and Other Pricing Factors Drive Profit” by Dan Passarelli – This book is a practical guide to understanding the “Greeks” (delta, gamma, theta, and vega) and how they impact options pricing and trading strategies.
Ultimately, the best book for you will depend on your individual goals, experience level, and preferred approach to trading options. It may be helpful to read reviews and sample chapters before making a decision.