Learning about Options

[THE WOLF2222]

I have just started to learn about options, but wondered if anyone could recommend a good starting point for me to teach myself the neccessary maths required to understand them well. (I lack 'A' level maths)

I have kicked things off by looking at 'the greeks' and the Black Scholes model.

Any pointers to educational material I can use to master the maths would be really welcome.

Many thanks.

 

[combotrader]

I have just started to learn about options, but wondered if anyone could recommend a good starting point for me to teach myself the neccessary maths required to understand them well. (I lack 'A' level maths)

I have kicked things off by looking at 'the greeks' and the Black Scholes model.

Any pointers to educational material I can use to master the maths would be really welcome.

Many thanks.

Look in the options section of this website. Read Sheldon Natenberg`s book.
CT

 

[jimmy1852]

I have just started to learn about options, but wondered if anyone could recommend a good starting point for me to teach myself the neccessary maths required to understand them well. (I lack 'A' level maths)

I have kicked things off by looking at 'the greeks' and the Black Scholes model.

Any pointers to educational material I can use to master the maths would be really welcome.

Many thanks.

definitely get natenbergs "options volatility and pricing" and hulls "options, futures and other derivatives".

im relatively new to the world of options so im sure there are plenty of other books but these two are most often recommended to me and im finding them very interesting an informative.

good luck

 

[THE WOLF2222]

definitely get natenbergs "options volatility and pricing" and hulls "options, futures and other derivatives".

im relatively new to the world of options so im sure there are plenty of other books but these two are most often recommended to me and im finding them very interesting an informative.

good luck

Thanks - I have ordered 'Options, Futures and other Derivatives'.

 

[jhaughey]

Thanks - I have ordered 'Options, Futures and other Derivatives'.

Mate you ordered the wrong one, if you lack A-level maths let alone Phd maths, that book will be like reading Chinese. Go for Natenburg way before you even touch Hull

 

[THE WOLF2222]

Maybe I need to do A-level maths as a starting point.

 

[grantx]

Jhaughey,

"A-level maths"? I don't even have an O-level maths and Hull's book is not that difficult.

Grant.

 

[jhaughey]

Jhaughey,

"A-level maths"? I don't even have an O-level maths and Hull's book is not that difficult.

Grant.

Then Grant you are an unusual exception, or possibly Rainman... Most people forget entirely what they were taught at school... I had to work my way through all the stuff i've forgotten like basic algebra and statistics all over again before any of Hull made sense. I'm sure most would agree that option pricing mathematics is a tad more complicated than 3rd or 4th year math...

THEWOLFF222, just make sure you're algebra, statistics, etc; are all up to snuff and have a reference book nearby in case.

 

[A Dashing Blade]

Just to be clear Hulls' "Futures, Options and Other Derivative Instruments" deffo ends up in post-graduate maths space towards the end.

 

[grantx]

DB,

I skip that part.

Grant.

 

[A Dashing Blade]

DB,

I skip that part.

Grant.

So do I

 

[grantx]

DB,

Excellent.

Grant.