I have had The Option Trader’s Workbook by Jeff Augen sitting in my to-be-review pile for a little while now. I’d have gotten to it sooner, but for some reason I’ve not been reading as much of late. This is not my first read of a book my this author. Unfortunately, I didn’t think much of one of his other titles (Trading Realities). This one I found a bit more useful.
Workbook is the key term in the title of this book. It is a basically a collection of problem-solving exercises. The author lays out a scenario and asks a question, with the solution provided right there. There are hundreds of them, some simple and some complex. As such, it may not be the best point to start for someone just getting going in their options education, but it definitely has potential value for something with at least a bit of a foundation who’s looking to apply that knowledge. Not only do the scenarios and questions ensure a good working knowledge of options, they also will get readers thinking about options applications in ways they probably would not have done otherwise.
This isn’t the type of text you’ll just read through. If you’re willing to do the work to go through the problems, though, you could get a lot out this workbook.
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About the Author
John Forman, author of this blog, has traded for more than 20 years, is a professional market analyst, and authored The Essentials of Trading. He is an active participant in trading forums, consults for trading related businesses, as published literally dozens of trading articles, and has been quoted in a number of books and in the media.
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