Want to know best books on options trading india? Well you have landed on the right article
Are you intimidated by options trading? (We know it’s easy to feel that way!) Still, you can’t avoid it as it’s an integral element of any well-diversified portfolio.
So, what is options trading? An option, as the name suggests, gives an investor an opportunity of purchasing or sell an asset.
In this case, the date and price are pre-agreed but the investor is not obligated to buy/sell.
Basically, it is a type of contract based on an underlying asset. It may be a stock or some other security. It may reap you profits as it is of low risk in nature, only when done correctly.
But you don’t have to worry. There are various informational books on options trading and given below are some of the most notable titles:
Our Top Picks For Best Option Trading Books India
Best Books on Options Trading India
1. Systematic Options Trading
The book is divided into three parts. It was first published in 2010. It was written by Sergey Izraylevich.
He has trading experience of more than 10 years and has created systems to support algorithmic trading of options.
His co-author Vadim Tsudikman has 12 years of options trading experience.
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2. Option Volatility and Pricing:
Why do they say that it is the one book that every options trader should have?
At various firms around the world, it is provided to new trading professionals to grasp trading strategies and risk management techniques.
This has made the author Sheldon Natenberg a shining star in the options industry.
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3. Fundamentals of Futures and Options market, 9th Edition
This book completely omits calculus which makes it a gem for less mathematically sophisticated minds.
The author John Hull is an internationally known authority on risk management and derivatives.
It is available in the English language. This book is a beginner’s choice in trading and is easily available on e-commerce portals.
It is highly rated and one of the bestsellers in the Academic and Professional Genre.
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4. Trading Options Greeks
The 2nd edition shows you how these Greeks find good trades, manage those trades, and ultimately make more profits.
The author Dan Passarelli is the CEO of a leading options education firm, Market taker Mentoring LLC. The book is written in English.
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5. The Option Trader's Hedge Fund
This book guides you to earn a stable and steady income by selling options, and managing your trade and portfolio.
It is a real-world, example-packed book. It is available in the English language.
The author Dennis A. Chen is the founder and CIO of Smart Income Partners ltd.
It is a hedge fund that earns through equity and index options.
The co-author Mark Sebastian has been a member of the Chicago Board Options Exchange and The American Stock Exchange. It is available in kindle and hardcover print too.
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6. A Beginner's Guide to Day Trading Online 2nd Edition:
To see how the market works and how to make it work for you, read this book.
The 2nd edition is updated for the new stock market. It is a national bestseller!
The author Toni Turner is a trader/investor with 14 years of experience.
She is a famous speaker and educator at various financial forums and trading conferences in the country.
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7. The Options Playbook:
It was created to solve the mystery of options trading and teach investors various plays for varied market conditions.
It has nearly 40 most famous options strategies shown in a play-by-play format.
The author Brian Overby is a senior options analyst at Ally Invest.
He has managed Knight Trading Group’s training department which is one of the world’s largest market creators. This is a highly rated book and has been a bronze winner in the investing category in the 2008 Axiom business book awards.
It has also won the corporate image category for Financial Communications Society Portfolio Awards. It is suitable mainly for ages 8 to 18.
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8. Options Trading for Dummies, 4th Edition:
Seeking a new way to flex your investing routine? Look no further! This book lists down the most common options contracts and helps you select the right strategy.
It guides you to understand the concept of risk-reward structure and create the best mix to reduce your risk while earning profits.
The author Joe Duarte has been quoted in Barron’s, The Wall Street Journal, and Marketwatch.com.
He has also been the former president of River Willow Capital Management.
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9. The Ultimate Options Trading Strategy Guide for Beginners:
A majority of investors refrain from trading in derivatives as they appear to be risky and complex in nature.
Some enter with half-baked knowledge and end up with significant losses in the long term.
The author Roji Abraham has been an active trader in stock markets since 2007.
If this looks familiar to you and you are somebody who has avoided options trading in the past, look no further. This is the book you need!
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Conclusion
Options trading may sound heavy, complex, and mysterious practice of trading. However, with the right tools and information, you can understand it well and earn profits while limiting your risk.
There are various books available to grab this knowledge. Many of them are listed above. You may choose any of them and start learning to trade in options yourself!
Each of them is the latest edition and they are mentioned with their prices quoted in the market. They have their unique USPs.
Some are a great fit for beginners. Others are recommended for already trading/ investing professionals. You can compare these books and choose the best suitable option for you. Check them out and buy yours. Happy trading!
Frequently asked questions (FAQs)
1. Which study is the best for options trading?
Whether you are a finance professional or a beginner who is pursuing investing as a hobby, there are multiple online courses on options trading that help you study investing. There are programs to match every schedule, budget, and experience level. Some of them are-
- Options trading course (Bullish Bears)
- The complete foundation stock trading course (Udemy)
- Trading for beginners (Investopedia Academy)
- Small Account Secrets (Simpler Trading)
2. Who is the best options trader person in India?
Kirubakaran Rajendran I from Chennai is the best options trader person in India so far. He chose the automation route for his success and designed trading bots.
He was a statistics student and belonged to a middle-class family. He started off with INR 5000.He trades multiple strategies and all of them are automated. He explains his returns are profitable 55 % of the time.
His site www.squareoff.in comprises multiple trading strategies. Instead of an advisory service, the site presents a trading bot.
3. What books should I read on options trading?
To demystify the complex nature of options trading, the above-mentioned books are a great fit. To reiterate, they are:
- Systematic Options Trading
- Option Volatility and Pricing
- Fundamentals of Futures and Options Markets 9th Edition
- Trading Options Greeks
- The Option Trader's Hedge Fund
- A Beginner's Guide to Day Trading Online 2nd Edition
- The Options Playbook
- Options Trading for Dummies 4th Edition
- Ultimate Options Trading Strategy Guide for Beginners
4. Where can I learn options trading in India?
There are various platforms in India where you can learn options trading. They have a great combination of comprehensive tools, resources, and offerings at reasonable charges.
Some of them are- Simpler Trading, Udemy, Bullish Bears, Option Alpha, Warrior Trading, Black Box Stocks, etc.
Here are the best books for option trading in india:
