Sheldon Natenberg

Option Volatility and Pricing (Natenberg)

Sheldon Natenberg, Option Volatility and Pricing: Advanced Trading Strategies and Techniques, 2nd edition, McGraw-Hill, 2014. The practitioner’s options book — implied volatility as a traded price, Greeks as risk positions, spreading, volatility trading, skew and term structure. The core text for the stock-options λ course (~/lattice/lambda/courses/stock-options/), read alongside Hull (owned physically) as the pricing reference.

The companion Option Volatility and Pricing Workbook (1st ed, 2017, ISBN 9781260116939) is attached in both epub and PDF; likewise a short 65-page options-strategy payoff booklet kept with the set.

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