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What are the best option trading books for beginners in the cryptocurrency market?

avatarAlexieDec 16, 2021 · 3 years ago3 answers

I'm new to the cryptocurrency market and interested in learning about option trading. Can you recommend some of the best books for beginners in this field? I want to understand the basics of option trading and how it applies specifically to cryptocurrencies. Any suggestions?

What are the best option trading books for beginners in the cryptocurrency market?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Sure! One highly recommended book for beginners in option trading in the cryptocurrency market is 'Options Trading Crash Course: The #1 Beginner's Guide to Make Money with Trading Options in 7 Days or Less!' by Frank Richmond. This book covers the fundamentals of option trading, including strategies and techniques, and provides insights into how these concepts can be applied to the cryptocurrency market. It's a great starting point for beginners who want to dive into option trading in cryptocurrencies.
  • avatarDec 16, 2021 · 3 years ago
    If you prefer a more comprehensive guide, 'Options, Futures, and Other Derivatives' by John C. Hull is a classic book that covers a wide range of derivative instruments, including options. While it's not specifically focused on cryptocurrencies, the principles and strategies discussed in the book can be applied to the cryptocurrency market as well. It's a bit more advanced, but it's a valuable resource for those who want to deepen their understanding of option trading.
  • avatarDec 16, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, recommends 'The Options Playbook' by Brian Overby for beginners in option trading. This book provides a practical approach to understanding and trading options, covering various strategies and scenarios. It's written in a clear and concise manner, making it accessible to beginners. Whether you're new to options or already have some experience, this book can help you navigate the world of option trading in the cryptocurrency market.