Stock Market Books that You Must Read.
Option Volatility and Pricing by Sheldon Natenberg
Dive into the definitive guide for option traders with Sheldon Natenberg’s renowned work, ‘Option Volatility & Pricing.’ Backed by thirty years of expertise, Natenberg unveils advanced strategies and techniques crucial for navigating the option markets.
This revised and expanded second edition offers unparalleled insights into option theory, dynamic hedging, volatility trading, risk analysis, and position management. Whether you’re a novice or seasoned trader, Natenberg’s comprehensive approach equips you with the tools to thrive in this dynamic arena.
Discover the secrets behind professional option trading and unlock the full potential of market evaluation with this indispensable resource. Master the science and art of option trading today

Pros
- Comprehensive coverage of all types of options spreads for both buying and selling
- Clear explanation of volatility’s crucial role in options trading and practical strategies for navigating different volatility scenarios
- Suitable for both beginners and experienced traders, with enough detail to explain concepts without overwhelming with heavy mathematics
- Covers fundamental concepts such as the Greeks, the Black-Scholes model, binomial options, and hedging techniques in a clear and accessible manner
- Emphasizes the importance of understanding risk in trading, offering practical insights into risk management strategies
- Highly recommended for those seeking to learn and earn from options trading, making it a valuable resource for job positions such as traders, quantitative analysts, and risk managers
Cons
- Poor print quality with small font size makes reading difficult
- Binding issues prevent the book from laying flat, hindering readability of charts and data
- Suspected pirated version with inferior paper and print quality compared to the original book
- Numerous basic errors throughout the book, including mathematical mistakes, typos, and inconsistencies