Written by Henry Zhang, a career quant developer and the founder of QuantSignals. These are plain-English guides to options and to event contracts: what the instruments are, how the risk actually behaves, and the rules that keep a bad week from ending you. Every example is hypothetical. There are no win rates and no performance promises here, because there is no honest way to make them.
The Options Trading Bible
A Quant Developer’s Plain-English Guide to Calls, Puts, Spreads, the Greeks, and the Risk Rules That Keep You in the Game
Calls, puts and spreads from first principles — and the Greeks read as a dashboard, not as calculus.
A position sizing worksheet and a pre-trade checklist you fill in before the order, not after.
Exits, journaling, and an honest look at where automation actually fits.
Henry Zhang is a career quant developer and the founder of QuantSignals. He builds FST, an autonomous trading agent that operates inside user-set risk limits.
These books are educational only and are not financial advice. Options and event contracts involve substantial risk, including partial or total loss of capital.