"The Volatility Edge in Options Trading: New Technical Strategies for Investing in Unstable Markets" by Jeff Augen is a technical guide that explores options trading strategies designed to take advantage of market volatility.
The author starts by introducing the concept of volatility and its importance in options trading. He then goes on to explain how to measure volatility, including implied volatility, and how to use volatility measures to develop trading strategies.
One of the strengths of this book is the author's focus on practical strategies that can be used in the real world. He provides step-by-step instructions for implementing trading strategies and includes numerous examples that demonstrate how the strategies work in practice.
Another strength of the book is its emphasis on using technical analysis to develop trading strategies. The author provides detailed explanations of technical analysis tools and how they can be used to identify opportunities for profitable trades.
One potential weakness of the book is its technical focus. The author assumes that readers have a basic understanding of options trading and technical analysis, which may make it difficult for novice traders to follow along.
Overall, "The Volatility Edge in Options Trading" is a valuable resource for traders who want to take advantage of market volatility. The book provides practical strategies for trading options in unstable markets and includes numerous examples that demonstrate how the strategies work in practice. While it may not be the best choice for novice traders, more experienced traders will find the book to be a useful reference guide.
You should consider reading "The Volatility Edge in Options Trading: New Technical Strategies for Investing in Unstable Markets" by Jeff Augen if you are interested in developing technical trading strategies that take advantage of market volatility. Here are some reasons why:
Focus on practical strategies: The book provides practical strategies for trading options in unstable markets, with step-by-step instructions for implementation. The author includes numerous examples that demonstrate how the strategies work in practice.
Emphasis on technical analysis: The book emphasizes the use of technical analysis tools to identify opportunities for profitable trades. The author provides detailed explanations of technical analysis concepts and tools, making it a useful resource for traders looking to improve their technical analysis skills.
Coverage of implied volatility: The book covers implied volatility, a crucial factor in options trading. The author explains how to measure implied volatility and how to use it to develop trading strategies.
Valuable reference guide: The book is a useful reference guide for traders looking to develop technical strategies that take advantage of market volatility. While it assumes a basic understanding of options trading and technical analysis, it is a valuable resource for more experienced traders looking to improve their skills.
In summary, "The Volatility Edge in Options Trading" is a valuable resource for traders looking to develop technical trading strategies that take advantage of market volatility. The book provides practical strategies, emphasizes the use of technical analysis, and covers implied volatility, making it a useful reference guide for more experienced traders. If you are interested in improving your technical analysis skills and developing profitable trading strategies, this book is worth considering.
