Trading Options for Edge

Trading Options for Edge: A Professional Guide to Volatility Trading, 2nd Edition, by Mark Sebastian and L. Celeste Taylor, is a professional book published by De Gruyter. The guide focuses on volatility trading strategies that help market participants discover edge and manage financial risk.

Coverage addresses trade evaluation, the application of Greeks, spread execution under diverse market conditions, and portfolio construction. The authors explain how to determine suitable trade types for specific environments and how to establish protective hedges.

The volume is designed for individuals who possess prior options trading experience or a firm grasp of options markets. It illustrates methods for structuring trade portfolios intended to enhance profitability while reducing overall risk.