The Best FX Options Book?

I know Natenberg is the best options book for trading, but I was wondering if anyone has any experience with "FX Options and Structured Products" or "FX Options and Smile Risk." How well are they written? Would you recommend them to someone with beginner/intermediate knowledge of derivatives? Do they give a good overview and provide options strategies or are they overly quantitative with little real world application? Would you recommend buying them or just getting them out of the library?

Links:

http://www.Amazon.com/gp/product/0470011459/ref=s9_simh_gw_p14_i4?pf_rd_m=ATVPDKIKX0DER&pf_rd_s=center-2&pf_rd_r=18PZN0Y160KSY5VKYCGW&pf_rd_t=101&pf_rd_p=470938631&pf_rd_i=507846

http://www.Amazon.com/gp/product/0470754192/ref=s9_simh_gw_p14_i3?pf_rd_m=ATVPDKIKX0DER&pf_rd_s=center-2&pf_rd_r=0HEV61NTQ4ER4ZZEQJGK&pf_rd_t=101&pf_rd_p=470938631&pf_rd_i=507846

5 Comments
 

bump

"Greed, in all of its forms; greed for life, for money, for love, for knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA."
 

I got the FX Options and Structured Products Book. I think it's a good book, there are also good insights for traders. Even though, it's quite technical sometimes, but always from a practitioner's point of view.

I do not know about the other book...

 
ezekiel235I got the FX Options and Structured Products Book. I think it's a good book, there are also good insights for traders. Even though, it's quite technical sometimes, but always from a practitioner's point of view.

I do not know about the other book...

I agree I am working through that one right now. It's pretty solid, but like Ezekiel mentioned it can be very mathy at times, likely beyond anything you'd have to understand on the desk.

Jack: They’re all former investment bankers who were laid off from that economic crisis that Nancy Pelosi caused. They have zero real world skills, but God they work hard. -30 Rock
 

Sit praesentium assumenda aut eveniet dolore commodi iusto. Ea iste aut iste tenetur aspernatur. Officia et aperiam maiores dolorum. Enim et et omnis. Neque commodi eligendi quia rerum. Omnis iste tempore sint doloribus.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
CompBanker's picture
CompBanker
98.9
9
dosk17's picture
dosk17
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”