4 ms·

if i want to dive deeper into this, do you know any good books worth reading?

• WiSaGaN 6y ago
  I would recommend Euan Sinclair's Volatility Trading. It provides enough mathematical vigor while focusing on intuition from a trader's perspective.
• pr0f 6y ago
  If you want to see what he is talking about in terms of how delta and gamma are affected by time to expiration ("spikey"), you can take a look at the apps here: https://www.5minutefinance.org/concepts/the-greeks https://www.5minutefinance.org/concepts/the-greeks The code is here: https://github.com/FinancialMarkets/5MinuteFinance/tree/master/Options/greeks/single_apps https://github.com/FinancialMarkets/5MinuteFinance/tree/mast...
• ndesaulniers 6y ago
  Create a free account on optionsalpha.com, watch all their free videos.
• usmannk 6y ago
  Very very good primer by Twitter user @squeezemetrics: https://squeezemetrics.com/download/The_Implied_Order_Book.pdf https://squeezemetrics.com/download/The_Implied_Order_Book.p... Thread of other resources on derivs: https://twitter.com/bennpeifert/status/1238823808946954241 https://twitter.com/bennpeifert/status/1238823808946954241
• jabberwcky 6y ago
  Option Volatility and Pricing by Natenberg is extremely complete while managing to avoid drowning in maths, it is widely recommended and considered a classic. There are more informal books around that focus a little too much on trading/application rather than mechanics, and an endless supply of textbooks that'll either bore you to death, drown you in maths or both.