Kevin B. Connolly - Buying and Selling Volatility

Volatility refers to fluctuation in stock price. It is possible to construct a portfolio containing a given stock and stock options while being indifferent to the stock's volatility. Most individuals understand what it means to buy or sell stock, but few will have heard of the concept of buying or selling volatility. This book shows investors how to profit from volatility regardless of the direction of the price. Describes a unique approach to options, seen purely from a volatility viewpoint. -- Clearly explains the connection between volatility and options. -- Includes risk management software.