Option volatility & pricing : advanced trading strategies and techniques

This revised, updated, and expanded second edition presents the most comprehensive guide to advanced trading strategies and techniques in option markets.

It covers a wide range of topics including the foundations of option theory, dynamic hedging, volatility and directional trading strategies, risk analysis, position management, stock index futures and options, and volatility contracts.

The book is designed to help both new and experienced traders understand how professional option traders approach the market, including the trading strategies and risk management techniques necessary for success.

It also provides a fuller understanding of how theoretical pricing models work and how to apply the principles of option evaluation to create successful trading strategies.