In Options Made Easy , Second Edition, Guy Cohen clearly explains everything you need to know about options in plain English so that you can start trading fast and make consistent profits in any market, bull or bear! Simply and clearly, the author reveals secrets of options trading that were formerly limited to elite professionals–and exposes the dangerous myths that keep investors from profiting. As you set out on your options journey, you'll learn interactively through real-life examples, anecdotes, case studies, and pictures. Guy Cohen is your friendly expert guide, helping you pick the right stocks, learn the right strategies, create the trading plans that work, and master the psychology of the winning trader.
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.
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.
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.
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.
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.
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.
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.
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.
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.