Option Trading Books for Beginners: If you want to earn lakhs and crores of rupees as soon as possible, then there is only one way to do that, and that is trading or the share market.
Many of you want to learn about the share market or trading, but you do not know how you will learn this, so in today’s article, I am going to tell you about 15 such top books that, after reading them, you will become a master in options trading. If you read these 15 books completely, then you will have no problem earning money in options trading.
At the same time, it is very important for you to know that it is not necessary that, like other people, you start earning crores of rupees in the beginning; you have to make a small investment first, and then as your profit increases,
Well, you have to keep increasing your investment, and your profit will also increase, so at the beginning of learning options trading, never invest more and more money. For example, if you start with ₹ 10000, it is okay, and if you lose that money,
If you have it, then you will learn as much as you would have learned by investing ₹ 100,000. In the beginning, you have to focus on learning and not on earning; even then, you can be successful in option trading or in the stock market.
How do I start learning options trading?
There are many ways to learn options trading, like courses on YouTube and free YouTube videos, or if you have any coaching centers near you, you can learn from them too. I started it with books, and books are the biggest storehouse of knowledge.
If you want to learn anything, then first of all, you should read books related to it because books contain years of experience of people, what mistakes they have made, and how.
You can find all the things required to achieve success in books, so if you all want to learn options trading, then I will recommend only one thing to you all, and that is the books below. I have also told you about some books. I personally read some of the books, and they helped me a lot in my trading journey. c
Is option trading good for beginners?
If you want to learn to trade, then options trading can be the best option for you because options trading is very easy to learn, and if you focus on learning it well, you can master the basics of options trading within two to three months.
You can learn with the help of which you can easily earn ₹ 1000 to ₹ 2000 daily. Another benefit of option trading is its low investment. You do not need lakhs of rupees to do option trading. You can start your options trading journey with Rs 25000. Anyone can learn it if they focus on learning from the beginning.
Read Also: How To Earn 1 Lakh Per Day From The Share Market?
Top 15 Option Trading Books For Beginners
- How To Make Money Trading Options
- Option Trading Handbook
- How to Trade Binary Options Successfully
- Investing Basics: Learn Option Trading
- Definitive Guide to Advanced Options Trading
- OPTIONS TRADING: The Complete Crash Course For Beginners
- Trading Options Greeks
- 10 Minute Options Trading And ETF Investing
- Options Chain: Maximize your profits with option trading
- Stock-Investing Mastermind
- The Ultimate Options Trading Strategy Guide for Beginners
- Profit from Nifty Option Trading
- options trading the bible
- Options Trading Psychology
- Make Money By Selling Options Simplified
1. How To Make Money Trading Options
So the first book on our list is How to Make Money with Option Trading. Before learning options trading, you will have to understand how money is made in options trading. You can earn more money by selling or buying.
If you want to learn how the system of option trading works, how people earn money in option trading, and what the strategies are, then it is very important for you to read this book to learn all these things. After reading the book, you will understand the backend of the option trading system.
2. Option Trading Handbook
If you want someone to hold your hand in options trading and teach you everything step by step, explaining the trading strategy, how much percentage to invest, when to take an entry, and when to take the exit, then Options Trading Handbook is the best book for all of you. If you read this book, then understand that you will get a mentor who will teach you everything step by step.
Read Also: The 7 Best Stocks To Buy In India For Short-Term 2023
3. How To Trade Binary Options Successfully
If you want to earn crores of rupees in options trading and if you want to become a successful options trader, then you all have to read this book because it contains the experience of big traders on how they can earn so much.
What mistakes did they make in becoming successful traders? What strategies did they apply? You will get to see the experiences of great traders in this book, so you should definitely read this book.
4. Investing Basics: Learn Option Trading
If you want to learn options trading or you want to earn money from the stock market, then first of all, you will have to learn about investing, accounting, and budgeting. If you want to learn all these things, then this book is best for all of you. After reading this book, you will know how to manage money, how to calculate your profit and loss, and how to take risk-free trades. [Option Trading Books for Beginners]
5. Definitive Guide To Advanced Options Trading
This book is for those who know about the basics of option trading. They have learned basic options trading, and now they want to make their investment and their money go as far as possible. The Definitive Advanced Options Trading Book is for all of you.
There will be the best book for options trading in which you will learn advanced strategies and methods of options trading, with the help of which you can convert your lakhs of rupees into crores. [Option Trading Books for Beginners]
6. OPTIONS TRADING: The Complete Crash Course For Beginners
If you are thinking of doing a course in options trading, you can buy an options trading course from somewhere, watch someone’s video, and learn option trading from there. I would advise all of you not to do so because now you all A book has come out in which a video course has been completely converted into text form.
If you read this book, then you do not need to purchase any courses related to options trading in the future. Your thousands and lakhs will be saved. So, I would recommend only one thing to those people who were thinking of buying a course for option trading: you should purchase this book instead of the course; it will work for you like a course.
7. Trading Options Greeks
Whenever you learn options trading or whenever you do option trading, you will come across some words that you may have never heard about, like in the money, out of the money, okay, like delta These are all terms that you have never heard about till date, and these terms are very important in options trading, and we call them option trading geeks.
So if you want to learn about all these terms, then you can read this book, which is totally best for option trading geeks. You will get definitions of each geek, what they are, what they are for, where they are useful in option trading, and how you can use them to get a high profit. [Option Trading Books for Beginners]
8. 10-Minute Options Trading And ETF Investing
Many people think that if they want to earn money in the stock market, then options trading is the best option, but it is not so. There are many such options in the share market where you have very low risk, and from there you can earn a lot.
You can avail of high profits, which are called ETFs; that is, along with options trading, you can also invest in ETFs If you do not know what an ETF is, then you can read this book and get all the information about what an ETF is. How can you benefit from trading along with stock andoptions trading?
9. Options Chain: Maximize your profits with option trading
The most important thing in options trading that reduces your profit the most is the option chain. If you know how to analyze the option chain well, then you can earn a very good profit in option trading.
Above, I have brought a book for all of you related to the option chain. After reading this book, you will know how to analyze option chains and, by analyzing them, how you can make a good profit from options trading. [Option Trading Books for Beginners]
10. Stock-Investing Mastermind
Before learning options trading, I would like to recommend one thing to all of you: first of all, you should know about the stock market, understand the basics of the stock market, how the stock market works, how many parts it has, and at how many places you can trade.
Because in the future, when you start doing well in options trading, you will start making good profits there.
You will not be limited to that; you will also invest in different things in the stock market, like delivery trading. You can also invest in stock, i.e., gold or silver, so to know about all these things, it is very important for you to read the Stock Investing Mastermind book. [Option Trading Books for Beginners]
11. The Ultimate Options Trading Strategy Guide for Beginners
If you want absolutely zero-level and advanced-level knowledge related to options trading, then you can read this book. In this book, you will get all the information about where option trading started and what its future holds.
You should not do it; you will know how much risk there is after reading this book, and all your doubts will be cleared. [Option Trading Books for Beginners]
12. Profit From Nifty Option Trading
Now, whenever we do option trading, we do it for only two things: one is Nifty and one is Bank Nifty. So if you do option trading in Nifty and Bank Nifty or are going to do it in the future,
It is very important for you to know about them, their history, their prices, how many groups they have been in over the years, and what their prices are going to be in the future. So, if you want all the information related to Nifty, then you must read this book. [Option Trading Books for Beginners]
13. Option Trading the Bible
As you can tell from the name of this book, Options Trading Bible, this is going to be a Bible book for beginners. Well, like God, this book is going to be If you want to learn options trading, then this book is for every beginner. I would recommend it to anyone who is trying to get into option trading. [Option Trading Books for Beginners]
14. Option Trading Psychology
If you want to learn options trading, then first of all, you have to fix your mindset that if you get into options trading tomorrow, you should not take too much tension and you should not go into too much depression.
For this reason, you have to understand options trading psychology: what is the psychology of the traders? When they lose their money, do they go into tension? How do they control their depression and tension? You will have to teach everything if you are coming into trading because daily you will have profits and daily you will have losses, so you will have to control your emotions.
15. Make Money By Selling Options Simplified
You can earn money in two ways in options trading: the first option is to buy the option and the second option is to sell the option, Option buying costs less money, and option selling costs more money It seems that option selling involves a lot of money, and the profit here is also very high.
So if you want to learn option selling specifically, then this book is the best book for all of you to learn option selling. [Option Trading Books for Beginners]
Conclusion
So if you read all the books mentioned above, then you will become a master in options trading, and no one can stop you from earning lakhs and crores of rupees in options trading if you want anything related to trading or earning money online.
If you want any related information, then you can also read our other articles, and do tell me by commenting below that if you are starting option trading, then what is your age?
