Options Math for Traders / Wiley Trading Series (ePub)

A practical guide to the math behind options and how that
knowledge can improve your trading performance

No book on options can guarantee success, but if a trader
understands and utilizes option math effectively, good things are
going to happen. The idea behind Options Math for Traders +
Website is to help retail option traders understand some of the
basic tenants and enduring relationships of options, and option
math, that professional and institutional traders rely on every
day. This book skillfully highlights those strategies that are
inherently superior from an option math point of view and explains
what drives that superiority while also examining why some
strategies are inherently inferior.

The material is explained without complex equations or technical
jargon. The goal is to give you a solid conceptual foundation of
options behavior so you can make more informed decisions when
choosing an option strategy for your market outlook. Topics covered
include the volatility premium, because over time, options will
cost more than they are ultimately worth; skew, wherein far out of
the money put options may seem cheap from an absolute term, but are
very expensive in relative terms; and the acceleration in option
price erosion. The book also has a companion Website, which
includes links to those sites that can scan for the best strategies
discussed in the book.

* Explains, in a non-technical manner, the mathematical
properties of options so that traders can better select the right
options strategy for their market outlook

* Companion Website contains timely tools that allow you to
continue to learn in a hands-on fashion long after closing the
book

* Written by top options expert Scott Nations

Most independent traders have an imperfect understanding of the
math behind options pricing. With Options Math for Traders +
Website as your guide, you'll gain valuable lessons in this
area and discover how this information can improve your trading
performance.