Best Option Trading Strategies books for the Indian Market are the best source of information for newbie traders. Now in India in recent days futures and Options trading in the stock market has become quite popular as many youngsters consider it an easy way of making quick money.

As options trading can utilize the power to leverage, traders can use extra power to trade than what they have with them in terms of money, however, it will have that extra risk.

We also recommend you check the below list of books

• 7 Best stock market investment books in India.
• 7 Best books for newbie Traders in Share Market.
• What is the Stock market and Exchange? 

Below are listed 7 best option trading books are an ideal source of information to reduce the risk in options trading and through that, each trader will have adequate training for making money through futures and options from the share market.

Book 1: Best Option Trading Strategies for the Indian Market:

Author:

Ms Moonmoon Biswas is one of the best Equity research analysts in India with more than 12 years of experience in the field of Technical and Fundamental analysis and a proven track record of working with many leading broking houses in India with the Australian Security Market.

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Content:

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The best-selling options trading book in India “Best Option Trading Strategies for Indian Market” written by Ms Moonmoon Biswas is one of the best handbooks for Option trading strategies for newbie traders as it contains plenty of case studies and examples of options trading.

•  In the first half of the book, the author share the basic idea of Options trading and Option Greeks and also shows how to calculate historical volatility in the market and how to draw a simple option profit/loss diagram.
• In the second part, she has explained 10 practical options and strategies and the case studies with examples.
• At the end of the book (The last chapter), she has shared some valuable and useful tips which can be used by newbie traders as screen-er for selecting the right option strategy on the basis of market conditions, security type,  and many other different parameters which can be considered.

All the techniques and strategies in this book are written in a very simple and easy-to-understand language based on her 11 years of experience and knowledge in regular trading.

Book 2: Option Trading Strategies:

Author: 

Mr Bhushan Jadhav is a certified National Stock Exchange Market Professional from Pune with Masters’s Degree in Finance (MBA). He has more than 5 years of experience in the financial sector and worked with many leading Indian brokerage firms.

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Content:

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This best option trading book in India “Options Trading Strategies” by Mr Bhushan Jadhav provides information and basic strategies on how to trade options in the share market in India.

These books explain the following topics.

• How do construct different successful trading strategies in India using options?
• What are the uses of the option Greeks in trading?

The trading strategies explained in this book will enhance the trading skills and help to formulate a successful Options Strategy. The tips and ideas in this book help to minimize losses and maximize profits to gain an edge over other traders.

Book 3: Options Trading: Beginner, Intermediate & Advanced Options Trading – 3 Books in 1:

Author:

FinTech Publishing is a team of professionals who has personal knowledge, in a variety of topics in Financial Technology, Securities Industries and Investments. The prime goal of FinTech Publishing is to provide timely, concise, and accurate information to audiences across the world.

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Content:

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Options Trading Level 1: Options Trading Level 1 is an Investing Guidebook for Beginners and it helps to understand Options Trading in an easier way.

This book teaches traders to earn a good income along with regular income to pay the bills and for the money, you need for vacations, and help to achieve financial freedom.

Options Trading Level 2: This is one of the best books for Options Trading consisting of Intermediate Strategy to Earn Passive Income in India.

This book consists of practical strategies to earn passive income by investing part of your income in options and through it, you can enjoy financial freedom in India. The prime principle in this book is showing the importance of having a disciplined investment and cautious trade habits to succeed.

Options Trading  Level 3: The 3rd book of options trading consists of advanced tips, tricks & trends which any trader can follow to generate reliable returns with relatively few risks in trading practices.

This book is ideal for thous have competent options trading experience and looking to take it to the next level. The trading tricks, tips & trends are very easy to follow and make money from the stock market in India.

Book 4: The Ultimate Options Trading Strategy Guide for Beginners:

Author:

Roji Abraham loves to share his knowledge with his readers in a manner that could be easily understood by any reader. He is an active participant in share market trading both in equity and options since 2007. He holds an M.B.A degree from Warwick Business School, the UK along with Bachelor’s Degree in Electronics and Communication Engineering.

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Content:

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One of the best options trading book in India by Roji Abraham is “The Ultimate Options Trading Strategy Guide for Beginners” covers the Fundamental Basics of Options Trading in the stock market in India and consist of Six Profitable Strategies Simplified like Never Before.

This is one of the best books which will help to make a steady part-time income from home using options trading strategies.

Below is the list of topics which readers will  learn from this options trading book:

• Common terms used in options trading in India.
• The various types of stock options and their underlying principles using easily-understandable scenarios.
• The reason why anyone including beginners should trade-in options.
• 6 great strategies to make a profit by controlling risk exposure.
• Basic mistakes and the way to avoid them.
• Case studies of options trading.

This is one of the top-rated options trading training books for every person who wants to venture out with minimal risk into options trading to make a part-time income.

BOOK 5: How To Make Money Trading Options:

Author:

Balkrishna M. Sadekar is the founder of the educational company providing training to stock traders Candlestick Charting LLC. He holds Masters’s degree in Engineering and has trade experience of more than a decade.

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Content:

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One of the best options trading books “How To Make Money Trading Options” is a Non-Directional Strategies guide for Income Generation and teaches how to Make Money by using Trading Options without Worrying about the stock Market’s Direction.

This book helps the traders to generate regular income from the stock market through non-directional trading as it reveals and explains the following topics.

• The concept of non-directional options trading.
• Reason showing why non-directional trading doesn’t require charts or price patterns, much analysis, etc.
• Ways to construct non-directional stock option trading strategies.
• Ways to repeat non-directional option strategies to produce a monthly paycheck for the trader.
• How to fine-tune your trading strategies to suit your style.

This book consists of many real-life examples and 150+ charts, which will highlight how to manage non-directional trades in various situations.

Book 6:Option Strategies with Adjustments:

Author:

Rajiv LB Roy is a full-time trader in the stock market, YouTuber and a course instructor on Udemy. He had a deep passion for the stock market and securities and he started trading in the capital market when he started his first job later he became a full-time trader.
More books of Author: https://amzn.to/3nQ28LX

Content:

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“Options Strategies with Adjustments” is one of the user-friendly options trading book written by  Rajiv LB Roy, which consist of The nuts and bolts of options trading in India.

This book is written for intermediate traders and for advanced-level options traders who wish to earn consistent profit from the stock market.

The key topics covered in the book are:

• Terminologies related to option trading and  Option Greeks.
• Key factors in strategy adjustments.
• Options strategies for bullish market.
• Options strategies for bearish, moderately bullish and bearish markets and for a sideways market.
• Adjustment techniques for each strategy.

This book will cover all you need to begin your journey in the options trading domain.

Book 7: Definitive Guide to Advanced Options Trading:

Author:

Rohit Katwal is an options trader and strategist since 2009. He worked as a hedge Fund Manager and he was an author of books covering the share market topics he is from Himachal Pradesh, India.

More books of Author: https://amzn.to/3nHmRSe

Content:

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The best options trading guidance book in India “Definitive Guide to Advanced Options Trading” is a quantitative and no-nonsense approach to Option Selling for Income Generation designed for an  Indian Context for beginners and for experienced traders.

This book guide you to understand the following topics.

• While trading in the stock market, What is the market going to do next?
• How can you position yourself to increase the probability of profit being maximum?
• What should be the ideal position-sizing to avoid losing in big?
• What should be the ideal Risk: Reward, options strategy, probability of winning?
• How to handle worst-case scenarios in the stock market.

The book Definitive Guide to Advanced Options Trading is an ideal guide with the answer to all these questions which is written in very simple language.

Conclusion:

Above listed are numerous educational books on options trading and help traders to earn profit from the share market. These books help to learn technical analysis, chart patterns, trading system development and crowd psychology.

Below is a quick list of the listed must-Read Best Options Trading Books in India before entering into options trading.

1. Best Option Trading Strategies for Indian Market by Ms Moonmoon Biswas.
2. Option Trading Strategies by Mr Bhushan Jadhav.
3. Options Trading: Beginner, Intermediate & Advanced Options Trading – 3 Books in 1 by FinTech Publishing.
4. The Ultimate Options Trading Strategy Guide for Beginners by Roji Abraham.
5. How To Make Money Trading Options by Balkrishna M. Sadekar.
6. Options Strategies with Adjustments by Rajiv LB Roy.
7. Definitive Guide to Advanced Options Trading by Rohit Katwal.

These listed 7 Best Options Trading Books in India to make money cover the irrelevant pieces of information which any trader can follow to make money from the Indian market.

• 5 step tips to success in share market traders:
• 50 Share market Q&A

If you have any new books in mind, please comment below for the understanding of other traders who want expertise in this domain.

Thanks & Regards

MyMoneyBooks

If you are thinking of becoming a trader in the share market and you are unsure of how to start. This blog will help you to understand and make a road map for you to build a career in the share market domain and help you to remove all the confusion about the share market.

We recommend checking the following books to enhance your knowledge in the share market.

• 7 Best books for stock market investments.
• 7 Best books for stock market traders.

The following are steps that will help you get started in the world of the share market.

Step 1. Learn the basics:

First, we have to decide what we want to get out of the share market. Obviously, our goal is to make money from the share market. Like any career, we need to do our basic studies before starting working on it. Like in the share market we need to study the

• Fundamental analysis
• Technical analysis

In the fundamental analysis, we need to learn at least to understand to check the growth pattern of companies by doing a comparison between the current and last year. In the technical analysis, we need to learn to follow the basic charts like lines and the candlestick and a few of the indicators like RSI. By studying the basic terminology, we will be in a position to make coherent decisions.

Step 2. Understand:

Once we learned the basics, it is time to start a deep understanding of the share market and the brokers who provide us with the Demat and trading account. Following things which we need to understand about our broker,

• Brokerage
• Other charges
• Margin and leverage
• Market timing

The first thing we need to understand about the brokerage is that our broker charges for Delivery & Intraday trading. Then we need to understand the other charges like STT, DP, GST…

Finally, we need to understand the margin and leverage our broker will provide to us, and the market trading timing which the broker will provide.

Step 3. Research:

Once we have clarity about the fundamental and technical analysis, we have to open an account with a broker, next thing we need to do is research different stocks and bonds. if you are unaware of the basics, it will be difficult for you to build your own strategies for trading/investing.

• Don’t blindly follow the recommendations.
• Follow a few no’s of companies from different domains.
• Study and make your own strategies.

Even though there are many companies around us to provide tips and recommendations, don’t follow them blindly we need to spend at least a few days mastering the basics and finalising the companies with which we can start. The time we spend on learning will be helpful for us to build our own strategies.

Step 4. Start with:

Once we are confident in our learning and the strategies, we can start by investing in quality stocks and bonds, which will help us to create a good portfolio. We also need to understand different types of trade orders which we can place in the market.

• Investment in quality stock
• Create a good portfolio
• Position trading
• Finally Intraday with the profit of position trade.

Once we learn about the types of orders, we need to concentrate on the position trading on the quality stocks. Finally, once we have the short-term capital gain we can think of Intraday trading using the capital which we gained from the long-term and short-term trading in the market. As we are using the gained money, we will be more confident in taking the positions.

Step 5. Trade:

Finally, once we start trading, we need to keep in mind the following points, which will help us to focus on profit booking.

• Never trade without proper stop loss.
• Never trade against the market trend.
• Never do revenge trade.
• Avoid using the margin facility in the initial stage.
• Do not short sell without having a clear-cut positive indicator.

It is ideal not to take the position during the market opening time as the volatility of the stock will be high at this point in time. We also need to learn to control our emotions, even if we are facing a loss in the trade position. We need to understand the fact that, profit and loss are the two sides of the coin.

Conclusion:

We need to start by learning the technical and fundamental analysis to become successful traders or an investor. Then we need to start trading by opening a demo trading account with a small capital and once we start formal trading we need to keep stop loss and target price in the mind before taking the position.

• We need to plan our funds to diversify and we should have long-term investing goals before investing our hard-earned capital into the stock market.

Open free Demat and Trading Account uses the following links with respective brokers.

UPSTOX ACCOUNT OPENING LINK :

https://upstox.com/open-demat-account/?f=EV

ANGEL BROKER. 

https://itrade.angelbroking.com/

Or please use referral code as ” HYYEP ” For

Opening DRA ( Digital referral Associate) Account please contact me, so that I can refer you. Easy & 100% Digital ( Online ) Account Opening in 5-10 minutes.

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