Trading Options Greeks: How Time, Volatility, and Other Pricing Factors Drive Profits – Dan Passarelli |9781118133163|

Trading Options Greeks is the definitive guide to understanding the "hidden" forces that determine the price of an option contract. Trading Options Greeks by Dan Passarelli, a former floor trader, moves beyond simple "calls and puts" to explain how Delta, Gamma, Theta, and Vega interact to drive profits and losses. Part of the prestigious Bloomberg Financial series, this book is essential for any trader who wants to manage risk like a professional and exploit market inefficiencies caused by volatility and time decay.

About the Book

Trading Options Greeks provides a comprehensive look at the mathematical variables that option traders must master to be successful. Dan Passarelli breaks down complex concepts into actionable insights, showing readers how to interpret the Greeks in real-time market conditions. This second edition includes updated strategies for the modern electronic trading environment, focusing on how to construct a "Greeks-neutral" portfolio and how to profit from volatility skews. It is a bridge between academic theory and the high-pressure reality of the trading floor.

What You’ll Learn / Why Read

Trading Options Greeks teaches you how to anticipate how your position will react to every move in the underlying stock and every tick of the clock. You will learn how to use Delta to measure your directional exposure, how Gamma affects your "speed" of profit, and how to harness Theta decay to your advantage. Furthermore, the book provides an in-depth analysis of Vega and implied volatility, helping you understand when an option is truly "cheap" or "expensive." This book is a must-read for anyone looking to transition from gambling on price direction to managing a sophisticated options business.

Author Bio

Dan Passarelli is a veteran of the Chicago Board Options Exchange (CBOE) and the founder of Market Taker Mentoring. He is a renowned educator and speaker who has helped thousands of traders worldwide master the complexities of the options market.

Product Details

• Author: Dan Passarelli

• Publisher: Wiley (Bloomberg Financial)

• Language: English

• Format: Hardcover

• ISBN-13: 978-1118133163

• Genre: Finance / Investing / Options Trading

• Pages: 384 Pages

Why Buy from Nybookshub

Trading Options Greeks professionals shop at Nybookshub because we provide 100% authentic Wiley editions, ensuring that the critical charts, tables, and formulas are printed with absolute clarity. We understand that in trading, precision is everything, and we guarantee the quality of our academic and financial texts. Our global shipping network ensures that traders from New York to Hong Kong receive their materials securely and swiftly. At Nybookshub, we empower the global trading community by providing the expert knowledge required to navigate today's volatile markets.

Questions & Answers

Is this book suitable for a complete beginner? It is best suited for someone who already knows the basics of options and wants to advance to a professional level of understanding.

Does Nybookshub ship this Bloomberg Financial edition internationally? Yes, we offer reliable, tracked global shipping to ensure you can study the Greeks anywhere in the world.

Does the book cover complex strategies like Iron Condors or Straddles? Yes, it explains how to use the Greeks to manage and adjust these complex multi-leg positions.

Is this the latest edition? Yes, this is the expanded and updated Second Edition from the Bloomberg Financial series.

How math-heavy is this book? While it deals with mathematical concepts, Passarelli focuses on the application of the math rather than just the raw formulas, making it very readable.