
WHAT EVERY OPTION TRADER NEEDS TO KNOW THE ONE BOOK EVERY TRADER SHOULD OWN The bestselling Option Volatility & Pricing has made Sheldon Natenberg a widely recognized authority in the option industry At firms around the world the text is often the first book that new professional traders aregiven to learn the trading strategies & risk management techniques required for success in option markets Now in this revised updated & expanded second edition this thirty-year trading professional presents the most comprehensive guide to advanced trading strategies & techniques now in print Covering a wide range of topics as diverse & exciting as the marketitself this text enables both new & experiencedtraders to delve in detail into the many aspects of option markets including The foundations of option theory Dynamic hedging Volatility & directional trading strategies Risk analysis Position management Stock index futures & options Volatility contracts Clear concise & comprehensive the second edition of Option Volatility & Pricing is sure to be an important addition to every option trader's library--as invaluable as Natenberg's acclaimed seminars at the world'slargest derivatives exchanges & trading firms You'll learn how professional option traders approach the market including the trading strategies & risk management techniques necessary for success You'll gain afuller understanding of how theoretical pricing models work & best of all you'll learn how to apply the principles of option evaluation to create strategies that given a trader's assessment of market conditions & trends have the greatest chance of success Option trading is both a science & an art This book shows how to apply both to maximum effect