- Take an Extra 30% Off Any Book: Use promo code HOLIDAY30 at checkout to get an extra 30% off any book for a limited time. Excludes Kindle eBooks and Audible Audiobooks. Restrictions apply. Learn more
Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.
To get the free app, enter your email address or mobile phone number.
“Jeff's analysis is unique, at least among academic derivatives textbooks. I would definitely use this material in my derivatives class, as I believe students would benefit from analyzing the many dimensions of Jeff's trading strategies. I especially found the material on trading the earnings cycle and discussion of how to insure against price jumps at known events very worthwhile.
—DR. ROBERTJENNINGS,Professor of Finance, Indiana University Kelley School of Business
“This is not just another book about options trading. The author shares a plethora of knowledge based on 20 years of trading experience and study of the financial markets. Jeff explains the myriad of complexities about options in a manner that is insightful and easy to understand. Given the growth in the options and derivatives markets over the past five years, this book is required reading for any serious investor or anyone in the financial service industries.
—MICHAELP. O'HARE,Head of Mergers & Acquisitions, Oppenheimer & Co. Inc.
“Those in the know will find this book to be an excellent resource and practical guide with exciting new insights into investing and hedging with options.
—JIMMEYER,Managing Director, Sasqua Field Capital Partners LLC
“Jeff has focused everything I knew about options pricing and more through a hyper-insightful lens! This book provides a unique and practical perspective about options trading that should be required reading for professional and individual investors.
—ARTHURTISI,Founder and CEO, EXA Infosystems; private investor and options trader
InThe Volatility Edge in Options Trading,leading options trader Jeff Augen introduces breakthrough strategies for identifying subtle price distortions that arise from changes in market volatility. Drawing on more than a decade of never-before-published research, Augen provides new analytical techniques that every experienced options trader can use to study historical price changes, mitigate risk, limit market exposure, and structure mathematically sound high-return options positions. Augen bridges the gap between pricing theory mathematics and market realities, covering topics addressed in no other options trading book. He introduces new ways to exploit the rising volatility that precedes earnings releases; trade the monthly options expiration cycle; leverage put:call price parity disruptions; understand weekend and month-end effects on bid-ask spreads; and use options on the CBOE Volatility Index (VIX) as a portfolio hedge. Unlike conventional guides,The Volatility Edge in Options Tradingdoesn't rely on oversimplified positional analyses: it fully reflects ongoing changes in the prices of underlying securities, market volatility, and time decay. What's more, Augen shows how to build your own customized analytical toolset using low-cost desktop software and data sources: tools that can transform his state-of-the-art strategies into practical buy/sell guidance.
An options investment strategy that reflects the markets' fundamentalmathematical properties
Presents strategies for achieving superior returns in widely diverse market conditions
Adaptive trading: how to dynamically manage option positions, and why you must
Includes precise, proven metrics and rules for adjusting complex positions
Effectively trading the earnings and expiration cycles
Leverage price distortions related to earnings and impending options expirations
Building a state-of-the-art analytical infrastructure
Use standard desktop software and data sources to build world-class decision-making tools
JEFF AUGEN, currently a private investor and writer, has spent over a decade building a unique intellectual property portfolio of algorithms and software for technical analysis of derivatives prices. His work includes over one million lines of computer code refl ecting powerful new strategies for trading equity, index, and futures options. As co-founding executive of IBM’s Life Sciences Computing business, Augen defined a growth strategy resulting in $1.2B of new revenue and managed a large portfolio of venture capital investments. From 2002 to 2005, he was President and CEO of TurboWorx, Inc., a technical computing software company founded by the chairman of the Department of Computer Science at Yale University. He is author of Bioinformatics in the Post-Genomic Era: Genome, Transcriptome, Proteome, and Information-Based Medicine (Addison-Wesley, 2004).
I like the charts and illustrations. This is certainly written for options professionals and not beginner option traders. If you are experience I certainly recommend.Published 1 month ago by David Avery Jr.
very very technical, have traded options for years but was still difficult for me to clearly understand. I think only the advanced option trader should tread herePublished 11 months ago by gdfz
An ok book. I should mention one of the strategies doesn't work. Capturing profit from the rise in options volatility as a stock comes close to earnings announcements is not a... Read morePublished 13 months ago by markus
Good book if you want to go deeper into understanding how options work. However this book is in no way for the beginner options traderPublished 15 months ago by MICHAEL GOINS
Overall I would say that the book is very good, taking a quantitative approach to trading volatility and moreover a data driven approach. Read morePublished 21 months ago by Edgar Martinez
I was looking for something more in-depth than the introductory text on options. Augen covers the basics of options and shares some of thoughts. Read morePublished 22 months ago by Amazon Customer
Excellent book. Goes really in-depth on options trading. Good insight and relevant examples are common. Definitely a good book for intermediate traders.Published 24 months ago by DANIEL F DAVIS
If you trade volatility (which is what options trading is all about) and want to get a more in depth understanding than this book is for you. Read morePublished on April 18, 2013 by Jeff