About the Book

The Option Trader Handbook is a powerhouse resource for anyone serious about options trading. Written by two seasoned finance professionals, this book walks you through the full lifecycle of an options trade, from the moment you open a position to the moment you close or adjust it. It is built around one core idea: knowing what to do next is just as important as knowing when to enter a trade.

From the Back Cover

Most traders know how to get into a trade. Very few know how to manage it. This book fills that gap with clear, actionable guidance that can change how you think about every position you hold.

About the Author

George Jabbour holds a PhD in Finance and has extensive experience in derivatives markets and academic research, bringing both theoretical depth and practical insight to this work. Philip H. Budwick is a professional trader and educator with years of hands-on experience in options markets, making the content grounded, realistic, and immediately usable.

Who Is This Book For?

This book is ideal for intermediate to advanced traders who already understand the basics of options and want to build stronger decision-making skills around position management, risk control, and trade adjustments. It is also a great fit for self-directed investors who want to stop guessing and start trading with a clear plan.

Frequently Asked Questions (FAQs)

Is The Option Trader Handbook good for beginner options traders?

This book is best suited for traders who already have a basic understanding of options. If you know what calls and puts are and have placed a few trades, this book will take your skills to the next level by teaching you how to manage and adjust positions effectively.

What topics does The Option Trader Handbook cover?

The book covers options strategies such as spreads, straddles, covered calls, and protective puts. It also dives deep into trade management, volatility analysis, risk control, and how to use the Greeks to make better trading decisions in real market conditions.

How is this book different from other options trading books?

Most options books focus on how to enter trades. This one focuses on what to do after you are already in a trade, which is where most traders actually lose money. The practical, strategy-based approach makes it stand out as a reference you will return to again and again.

Is this book worth buying for long-term investors interested in options?

Absolutely. Even if you use options occasionally to hedge your portfolio or generate income, this book gives you a solid framework for understanding risk and making smarter decisions around every position you hold.