Trading Study Handbooks

Five self-study books: an options course, three study handbooks and one stock-by-stock case study.

Trading Study Handbooks Vol. 1US Options CourseFrom zero to running an options account Trading Study Handbooks Vol. 2Trading PsychologyThe gap between knowing and doing Trading Study Handbooks Vol. 3Macro Trading FrameworkA map of oil, the dollar, rates and policy Trading Study Handbooks Vol. 4Policy Narrative InvestingTurning big narratives into investable themes Trading Study Handbooks Vol. 5Oversold Rebound ListSep–Oct 2026, twenty companies

Suggested order Start with the first six chapters of the US Options Course to get pricing and the Greeks down. Read Trading Psychology before you move on to the strategies. Then use the Macro Trading Framework and Policy Narrative Investing to choose direction and timing, and finish with the Oversold Rebound List to see the methods applied to twenty real companies.

Volume 1

US Options Course

Sixteen chapters and an appendix, about 120,000 words, 77 charts and calculators.

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The whole course comes down to one idea: a stock moves in one dimension, up or down, while an option has three: direction, time and volatility. Every strategy is a mix of the three, and every loss comes from the one you weren’t watching.

The cover shows the value of a straddle (an at-the-money call plus an at-the-money put) from a year before expiry down to expiration day. The closer to expiry, the closer the curves hug the V-shaped line at the bottom.

  1. Foundations
  2. 01What an option is, and where the money comes from
  3. 02US options in practice
  4. 03An intuition for option pricing
  5. The core variables
  6. 04Delta and gamma
  7. 05Theta and vega
  8. 06Volatility
  9. Strategies
  10. 07Strategies for buyers
  11. 08Strategies for sellers
  12. 09Neutral and volatility strategies
  13. 10Trading events
  14. 11Hedging and portfolio protection
  15. Portfolio and risk management
  16. 12Portfolio Greeks and adjustments
  17. 13Risk management for options
  18. 14Systems and process
  19. Mindset and next steps
  20. 15Psychology and how accounts die
  21. 16Where to go next, and a summary
  22. AAppendix: glossary, quick reference and templates

Volume 2

Trading Psychology

An introduction and ten chapters, about 6,000 words, six charts.

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Most people don’t lose money because they don’t understand markets. They lose it because, under uncertainty and emotion, they can’t do what they already know they should. Probabilistic thinking, biases, position size, losing streaks, review.

The cover shows 100 equity curves from the same positive-edge system: a 45% win rate, winners of 2R, losers of 1R. After 10 trades, 33 of them are still below zero, the highlighted one among them; by trade 100, every one of them is back above zero.

  1. 00Why trading is a mental game
  2. 01Probabilistic thinking: judge one trade by a hundred
  3. 02Cognitive biases: the brain's default settings
  4. 03Emotion and state: when your body places the order
  5. 04Position size is psychology: a positive edge can still go to zero
  6. 05Discipline and rules: make the decision before you need it
  7. 06Streaks: randomness runs longer than you think
  8. 07Independent judgment: information, narratives and copy trading
  9. 08Review: turning losses into tuition
  10. 09Temperament and life: the part outside trading
  11. 10Toolkit: checklists, protocols and self-assessment

Volume 3

Macro Trading Framework

An introduction and eleven chapters, about 13,000 words, nine charts.

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Stock prices come down to earnings and interest rates, and those are pushed around by oil, the dollar, jobs and policy. This handbook covers what to watch each day, how to reason it through, when to believe it and how to bet.

The cover shows how the yield curve changes shape over one rate cycle: steep, then flat, then inverted (the light line), then back to normal. Illustrative, not real data.

  1. 00What macro trading is for
  2. 01The cross-asset dashboard: seven numbers first
  3. 02Transmission chains and second-order thinking
  4. 03Rates, the Fed and valuation
  5. 04The dollar, gold and energy
  6. 05Market regimes: four variables, three phases
  7. 06Breadth and rotation: the illusion of the index
  8. 07Flows and options positioning
  9. 08Narratives and information
  10. 09Calendars, seasonality and event playbooks
  11. 10From view to trade
  12. 11Toolkit: morning brief, trigger lines and exercises

Volume 4

Policy Narrative Investing

An introduction and eleven chapters, about 10,000 words, five charts.

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Political slogans change every day, but the capital that policy sets moving can keep flowing for years. This handbook shows how to break the big narratives in the news into investment themes you can test, bet on and admit you got wrong.

The top half of the cover is the heat of slogans and headlines, up and down every day. The bottom half is the money that policy moves: slow, but it lasts for years. Illustrative.

  1. 00Trade the policy, not the slogan
  2. 01Scoring narratives: from slogan to cash flow
  3. 02First decide what to avoid: countries and markets
  4. 03The Western Hemisphere and supply-chain realignment
  5. 04Defense: wars end, preparing for them doesn't
  6. 05Resource independence: energy, critical minerals and gold
  7. 06Reshoring and tariffs
  8. 07AI, power and robotics
  9. 08Household themes: uneven inflation, agriculture and healthcare
  10. 09Elections and policy cycles
  11. 10Execution: ETFs, two stock baskets and options
  12. 11Toolkit: theme map, narrative cards and exercises

Volume 5

Oversold Rebound List

A chapter for each of twenty companies, plus method, overview and toolkit, about 28,000 words. Data as of the October 9, 2026 close.

Start reading

The stocks a trader listed in late September as likely to bounce, plus the few he actually bought in early October. Each company is taken apart through its fundamentals, news and technicals, with a comparison table and an earnings calendar.

The cover shows how each of the twenty stocks moved from September 30 to October 9, sorted from the biggest drop to the biggest gain; 14 of 20 rose (the light bars). The data comes from the overview table in Chapter 2.

  1. Method and overview
  2. 00Where this list came from
  3. 01Method: three angles on each company
  4. 02Overview: all twenty side by side
  5. Twenty companies
  6. 03MCDMcDonald's
  7. 04WENWendy's
  8. 05PEPPepsiCo
  9. 06MDLZMondelez
  10. 07HSYHershey
  11. 08PRMBPrimo Brands
  12. 09LOWLowe's
  13. 10CMCSAComcast
  14. 11BACBank of America
  15. 12BXBlackstone
  16. 13VIKViking Holdings
  17. 14MGMMGM Resorts
  18. 15RTXRTX Corp. (Raytheon)
  19. 16GDGeneral Dynamics
  20. 17WMWaste Management
  21. 18JBHTJ.B. Hunt
  22. 19SOSouthern Company
  23. 20DUKDuke Energy
  24. 21SLBSLB (Schlumberger)
  25. 22ABTAbbott Laboratories
  26. Toolkit
  27. 23Toolkit: checklists, templates and exercises