Options Made Easy: Your Guide to Profitable Trading

by Guy Cohen

Master option trading, visually, hands-on -- and discover the powerful, easy-to-use OVI indicator that leads the market, revealing what the world's savviest option traders are doing right now! Learn option trading from the newest edition of Guy Cohen's international best-seller Options Made Easy, which has earned a worldwide reputation for its simplicity, clarity and hands-on practicality. With outstanding graphics for step-by-step learning, this easy tutorial packed with real trades is designed to reinforce every new trader's learning experience.

Using plain English and clear illustrations to explain each key trading strategy, Cohen avoids complex math while effortlessly delivering the practical knowledge traders need. Now, in this eagerly-anticipated Third Edition, Cohen updates all examples and data, utilizing the market's new option symbols throughout, and presenting a more streamlined, focused, and up-to-date review of relevant chart patterns and technical analyses. Most important, he thoroughly introduces his breakthrough OVI indicator, revealing how it captures the implications of actual option transaction data, and presents signals even beginners can use to earn consistent profits. Step by step, Cohen walks traders

Filtering for stocks and selecting the right strategy for each situation Implementing proven strategies for income, including covered calls and bull put spreads Trading volatility through straddles and strangles Using butterflies and condors to trade rangebound markets Understanding trading psychology and its impact on option trades And much more

Genres: Finance, Nonfiction, Business

507 pages, Kindle Edition

First published September 23, 2002

About the author

Guy Cohen is a financial trading innovator and the creator of the US-patented OVI Indicator. Specializing in stocks and options, he has authored best-selling books like Options Made Easy, The Bible of Options Strategies, and The Insider Edge. Guy’s options platform was licensed by NYSE Euronext from 2002 to 2011, and he provided data analysis for Nasdaq's International Securities Exchange. With an MBA in Finance from City University, Guy developed the OVI after recognizing the lack of effective trading tools for private investors. Today, he continues to empower traders through his research and the WiseTraders platform.

Reviews

[James · Rating 3 out of 5]

After reading the book I put several options strategies to work with great results. It was the best of the three books I read on options trading. The stragegy table in the back of the book is a great reference when trying to match a stragegy to bullish or bearish sentiment.

[Michael · Rating 3 out of 5]

Most of this book was over my head. If this book really presents the easy explanation, then I am years away from being ready for a normal options book.

[Jan Urbanek · Rating 3 out of 5]

Personal opinion of someone who has some basic knowledge:
Chapters 1-4: ignore
Chapter 5: Synthehic and covered call strategy - ok
Chapter 6: Greeks. Also implied volatility. Given how detailed was the book before, now with the more complicated stuff it lacks the detail. Was very simple before, now it is way too difficult, because it lacks more real life examples.
Chapters 7-9: Basic strategies. Ok - good thing are the parts saying when to use which and how long time to expiration to set.
Chapters 10-11 ignore
Chapter 12: self promo of author's paid product.

So overall mediocre, gives some basic explanation but imo some parts are too difficult to understand for pure beginners, quite often give references to paid web pages of the author.
Definitely need to buy a book on strategies and implied volatility.

[Manu Datta · Rating 3 out of 5]

This book covers some basics but rushes on towards advanced concepts. Though there is some explanation, would be hard for a beginner to understand. As well the way things are put across they are not easy to understand either.

[Glenn Humplik · Rating 5 out of 5]

A comprehensive must read for anyone looking into or currently trading on the options market. I’ll be using this book as a go to reference moving forward.

[Kabir Mehta · Rating 5 out of 5]

Solid introduction to options

[Vendy Adi Saputra · Rating 2 out of 5]

For me this book is too theoretical. No actual example in certain market condition based on the experience of the author. Especially nowdays content in this book can be found easily using AI.

[Aatrey Saxena · Rating 3 out of 5]

The book is fairly theoretical. If you have a basic knowledge of options it reinforces what you've learnt. For individuals who have zero knowledge it is a very good primer.

[Raymond · Rating 3 out of 5]

Good overall book but didn't have detailed demo(eg delta dte) or risk management coverage

Also not complete with strategy covered

[V.Shanmugam · Rating 4 out of 5]

Concepts are written in a simple way. Anybody taking up options trading this book must read.

[Frank Ogiamien · Rating 5 out of 5]

A great intro to Options trading. Also covers some market basics such as technical analysis. I'm now using the Covered Call strategy for additional income. If you have a self-directed brokerage account, read this book and give it a try.

[Jon · Rating 4 out of 5]

Good intro book into the world of options. This is probably best read after some of the other technical analysis books.

[Call Me Ishmael · Rating 3 out of 5]

ISBN-10: 0131871358

I would give it to a retail trader.

[Cher 'N Books]

Kindle freebie.

[Gavlin Terblanche · Rating 5 out of 5]

one of the Best ive come accross

[Arthur Martiroso · Rating 4 out of 5]

Great overview of options trading

[Julia · Rating 3 out of 5]

Simple enough for the lay person to understand and to digest key concepts quickly. Includes a short section on technical analysis too.

[Loren · Rating 4 out of 5]

A decent, but at times, dull read. Some good info.