Option Volatility Amp Pricing Advanced Trading Strategies And Techniques Sheldon Natenberg [verified] Online
The book does not promise "10% monthly returns" or "secret indicators." It offers something far more valuable:
Next time you look at an option chain, don't ask, "Will it go up?" Ask Natenberg's question: "Is the implied volatility cheap or expensive relative to the statistical truth?" The book does not promise "10% monthly returns"
Advanced traders do not just use "The Greeks" for measurement; they use them to specific trade outcomes. Option Volatility and Pricing Until you can look at an option chain
In a market environment characterized by algorithmic speed and meme stock mania, the principles Natenberg laid out are timeless. Price is a matter of opinion; volatility is a fact of life. Until you can look at an option chain and see the percentage probability of a move rather than a dollar amount, you are not trading—you are gambling. volatility is a fact of life.
The book eschews simple bull/bear spreads in favor of "Volatility Trades"—positions structured to profit regardless of direction.