Volcube is delighted to present its concise Advanced Options Trading Guides. The first five volumes are available now.
Option Gamma Trading (Volcube, 2013) – An accessible guide to option gamma trading, from basic definitions to more advanced gamma hedging and gamma trading techniques as practised by professional option traders. Starting from first principles, option gamma is explained in straightforward English before separate sections on gamma hedging, gamma trading and advanced gamma trading ideas. Simple but detailed examples are provided throughout. Four sets of exercises, complete with solutions, are provided to test the reader’s understanding. A basic glossary of terms is also provided.
Options Volatility Trading : Strategies and Risk (Volcube, 2013)
Following the welcome release of the first Volcube Advanced Options Trading Guide, volume II explains options volatility strategies in depth.
This volume provides an accessible guide to option volatility trading strategies, their profit motivations and their risk profiles. Learn the essential risk characteristics of benchmark option strategies including spreads, risk reversals, straddles, strangles, ladders, ratios, iron condors and more besides. Learn how option traders analyse complex delta-hedged positions and interpret the option Greeks. Two appendices teach how to reduce complex option positions into simpler components and offer a full analysis of a simulated options portfolio. Test your knowledge of all the material using the set of exercises, complete with answers.
Option Market Making : An Introduction (Volcube, 2013)
Starting from first principles, option market making is explained in straightforward English. Separate sections discuss the strategy and business of market making, how option market makers typically determine prices and how market makers look to manage option portfolio risk. Simple but detailed examples are provided throughout. Three sets of exercises, complete with solutions, are provided to test the reader’s understanding.