The role of the market maker is explored as Najarian explains the world of market making and how it works, presents his own story as a successful options trader, and relates the lessons he learned and how he re-emerged bigger and better.
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The role of the market maker is explored as Najarian explains the world of market making and how it works, presents his own story as a successful options trader, and relates the lessons he learned and how he re-emerged bigger and better.
Read Less
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Seller's Description:
Book is in good condition and may contain underlining or highlighting and minimal wear. The book can also include library labels. May not contain miscellaneous items toys dvds etc. We offer 100% money back guarantee and fast customer support.
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Seller's Description:
The item is fairly worn but still readable. The book may have some cosmetic wear (i.e. creased spine/cover, scratches, curled corners, folded pages, sunburn, stains, water damage, bent, torn, damaged binding, dent). -The dust jacket if present, may be marked, and have considerable heavy wear. -The book might be ex-library copy, and may have the markings and stickers associated from the library-The book may have considerable highlights/notes/underlined pages but the text is legible-Accessories such as CD, codes, toys, may not be included-Safe and Secure Mailer-No Hassle Return.
This book, gives relatively plentiful essential information considering that it is not even near to size for any "options bible". Book can be recommended in the first hand to anyone intrested of how professional market makers may trade options. For example some forms of arbitage trade is covered. Some of these option trading tactics presented are only for market makers, hedge traders or people with much capital and willingness to bear greater risks than not even reasonable option sellers can usually take. Basics of option bying and selling and many option strategies are also covered but if reading only this book of option trading, non institutional option traders may easily be tempted to believe that they are soon would be master option traders. True, John Narajan is a master -- but he has also great trading instincts and has had also a good luck for not have been washed away with his high risk trading tactics as some of them based on counting the long bull market to continue. Even if Narajan recommends protecting naked options positions always with some bought "disaster options", those who like to more understand all the full risks of high risk -- high potential profits option trading should read also some other books of options as Sheldon Natenbergs option Pricing and volatility.