Before the Black Swan books, Taleb wrote this one for traders. It is about running a book of options, not a single trade: how the Greeks of a whole portfolio shift, where the liquidity disappears, what expiration does to you. Hard going in places, and the chapters we use are the ones every professional remembers.
👉 Buy the Hardcover │ Back to the Reading List │ The Elite Trader Program
Below the line, for Pro and Elite Trader members: the chapters we use, the five ideas I took from it, the chapters to skip, and the module it prepares. Elite Traders read the book, then work that module with me one-on-one, on their own positions.
