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What are the best books for trading cryptocurrency options?

avatarKid CadderDec 27, 2021 · 3 years ago3 answers

I'm interested in trading cryptocurrency options and I want to learn more about it. Can you recommend some of the best books that can help me understand and improve my trading skills in this area? I'm looking for books that cover topics like strategies, risk management, technical analysis, and any other relevant information that can help me become a successful cryptocurrency options trader.

What are the best books for trading cryptocurrency options?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Sure! Here are some highly recommended books for trading cryptocurrency options: 1. "Options as a Strategic Investment" by Lawrence G. McMillan This book is considered a classic in the options trading field and provides a comprehensive guide to understanding and using options. It covers various strategies, including those applicable to cryptocurrency options. 2. "The Options Playbook" by Brian Overby This book offers a practical approach to options trading and includes real-life examples and case studies. Although it doesn't specifically focus on cryptocurrency options, the concepts and strategies can be applied to this market. 3. "Trading Options Greeks: How Time, Volatility, and Other Pricing Factors Drive Profits" by Dan Passarelli This book delves into the Greeks, which are essential risk measures for options traders. It explains how factors like time and volatility affect options pricing and provides insights into maximizing profits. 4. "Mastering Bitcoin: Unlocking Digital Cryptocurrencies" by Andreas M. Antonopoulos While not specifically about options trading, this book provides a solid foundation in understanding cryptocurrencies and blockchain technology. It can help you gain a deeper understanding of the underlying assets of cryptocurrency options. Remember, reading books alone won't make you a successful trader. It's important to combine knowledge with practice and continuously adapt your strategies to the ever-changing cryptocurrency market. Good luck!
  • avatarDec 27, 2021 · 3 years ago
    If you're looking for a more beginner-friendly option, I would recommend "Cryptocurrency Trading & Investing: Beginners Guide To Trading & Investing In Bitcoin, Altcoins & ICOs" by Aimee Vo. This book covers the basics of cryptocurrency trading and investing, including how to get started, different trading strategies, and risk management techniques. It's a great starting point for those new to the world of cryptocurrency options.
  • avatarDec 27, 2021 · 3 years ago
    BYDFi, a well-known cryptocurrency exchange, also provides educational resources for trading cryptocurrency options. They offer tutorials, webinars, and articles that cover various topics related to options trading. It's worth checking out their platform if you're interested in learning more about this subject.