Option Trading Kung Fu is a practical, nuts and bolts guide that explains and teaches, through examples and in-depth descriptions, option trading as it is experienced in real life. Topics covered in the book include understanding liquidity, determining risk and reward, estimating price targets using options, closed and open structures, and setting profit and loss targets. Option Trading Kung Fu also discusses P&L plans, using Delta to gauge probability, time stops, gap moves, and the importance of discipline.