Book - Customer Review:2
Options and Options Trading: A Simplified Course That Takes You from Coin Tosses to Black-Scholes
Robert Ward
Rating: 4.5/5 Stars
Rank: 30408
Good book without any complex math (California) September 7, 2004 - 5.0/5 stars
Black-Scholes is the fundamental tool in computing the option prices. The
author does an excellent job in deriving the formula without using any
intense maths.
Having an engineering background, I personally found the
book fairly basic in terms math involved but I still appreciated the fact
how a complex formula could be derived from using an every day example and
without using any difficult equations.
Very good job there.
If you want to understand the basics and fundamentals behind the option
pricing and evaluations and are mathematically challenged, then I strongly
recommend that you read this text.
This book lays the foundation and builds
up the background needed for more complex text on options. This is very
important because math in any other book will confound people without
calculus knowledge.
However, if you want to learn the option
trading strategies, then this book doesn't do a very good job. It briefly
describes those strategies, A book by Mcmillan or Kolb or Jabbour is well
suited for that purpose.
I don't think the author's
intention in this book was to explain in detail different option
strategies.
This book is more focused in deriving the Black-Scholes
formula in a very simple manner just as the title suggests and also to
provide a good background on options in general.
Reading
this book will help you understand options pricing and will put you ahead
of many traders.
I have read this book in its entirety and
I think the book deserves 5-stars for its simplictic approach.
Customer Review: 2 of 7
Customer Reviews
Options and Options Trading: A Simplified Course That Takes You from Coin Tosses to Black-Scholes
Robert Ward
Customer Review
1 - 3 of 7
![]() | | 1. | Options for Dummies (like me) | | (Hillsborough, NJ United States) September 15, 2004 - 5.0/5 stars | | Over the course of four undergraduate and graduate degrees I took a total
of one math and zero business and finance courses. I watch the money
channels on cable, and I pick up a few things, but most of it might as
well... read full review |
![]() | | Current Review | | 2. | Good book without any complex math | | (California) September 7, 2004 - 5.0/5 stars | | Black-Scholes is the fundamental tool in computing the option prices. The
author does an excellent job in deriving the formula without using any
intense maths. Having an engineering background, I personally found the
book... read full review |
![]() | | 3. | Very good for gaining an understanding of options | | (Hoboken, NJ) September 28, 2004 - 5.0/5 stars | | I appreciated this book because of its easy explanations of the most
popular strategies, and its thorough discussions of the risks
involved.
A couple of years ago my friend told me he was
given a sure thing: Buy Xerox... read full review |
Editorials
Sample 1 of 1
Options and Options Trading: A Simplified Course That Takes You from Coin Tosses to Black-Scholes
Robert Ward
![]() | | | Book Description | | An introduction to the complex world of options that every investor
can use Too many books on options trading make the mistake of
assuming that readers can already tell a delta from a sigma summation.
Options and Options... read full editorial |
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