Synopses & Reviews
Today’s Easy, Plain-English Guide to Making Consistent Options Profits--Now Fully Updated with New Examples and Powerful New Strategies!
- Teaches all the essentials with real-life examples and crystal-clear explanations
- No complicated math or confusing jargon: Learn visually with easy-to-understand pictures!
- Includes new ways to use chart patterns to identify high-probability trades and design winning trading plans
- Master Guy Cohen’s unique OVI for anticipating stock moves in time to earn big profits!
Guy Cohen’s Options Made Easy is the world’s #1 plain-English guide to successful options trading. As thousands of traders and investors have already discovered, it’s simple, practical, realistic, visual, 100% interactive, and incredibly easy to use.
Packed with new examples, this third edition is better than ever. For the first time, Cohen teaches you how to use his breakthrough options volatility indicator (OVI) to gain a powerful market advantage. This simple tool helps you predict coming stock price moves by uncovering what the smartest investors are quietly doing right now!
Step-by-step, Options Made Easy, Third Edition, helps you identify high-probability trades...plan and execute winning trading plans...protect capital while others are getting killed...develop the confidence and steely discipline every successful trader needs. Cohen has already helped thousands of professional and novice investors earn bigger profits with options. Now, it’s your turn!
In Options Made Easy, Third Edition, Guy Cohen explains everything you need to know about options in plain English, so you can start trading fast and make consistent profits in any market, bull or bear!
Fully updated for today’s market realities and trading strategies, this guide reveals secrets of options trading that were once limited to elite professionals. It also exposes dangerous options myths, helping you avoid common mistakes that can lead to massive losses.
In this edition, Cohen also introduces his unique, proven options volatility indicator (OVI): a breakthrough tool for identifying opportunities to earn windfall profits.
From start to finish, you’ll learn interactively through fully updated examples, anecdotes, case studies, and pictures. Cohen is your friendly expert guide, helping you pick the right stocks, learn the right strategies, create trading plans that work, and master the psychology of the winning trader.
- Learn today’s safest ways to trade options
Options demystified so that you can get past the fear and start profiting!
- Design a winning trading plan--and stick to it
Identify high-probability trades that lead to consistent profits
- Choose the right stocks for maximum profit
Understand your risk profile and discover exactly when to enter and exit your trades
- Use the OVI to discover powerful buy/sell signals others miss
Screen for your best opportunities--stocks that are moving--or are about to move
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 through:
- 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
About the Author
An innovator in financial trading, Guy Cohen
is the creator and originator of the unique OVI Indicator, FlagTrader, and OptionEasy. He is the author of bestselling trading books Options Made Easy
, The Bible of Options Strategies
, and Volatile Markets Made Easy
(FT Prentice Hall). Guy’s new book, The Insider Edge
(Wiley), was released in September 2012 and is focused on his OVI Indicator. His published work is complemented by pioneering breakthroughs in the areas of trading and technical indicators, specifically the OVI.
Guy specializes in trading stock and options, with his hallmark being his user-friendly approach and liberal use of illustrations. With Guy, you will find proven techniques to succeed, complemented by industry-leading customer service.
An established and entertaining speaker, Guy has an MBA (finance) from City University (Cass) Business School, London.
Guy is also the author of Your Gut Feeling, which is a self-help autobiography that outlines his complete recovery from a severe case of ulcerative colitis.
For more information about Guy’s trading products, go to http://www.ovitradersclub.com.
Table of Contents
About the Author xi
Executive Summary xii
Chapter 1: Introduction to Options 1
Chapter 2: Into the Marketplace 27
Chapter 3: The Basics of Fundamental Analysis 47
Chapter 4: The Basics of Technical Analysis 81
Chapter 5: Two Popular Strategies and How to Improve Them 139
Chapter 6: An Introduction to the Greeks 165
Chapter 7: Bull Call Spreads and Bull Put Spreads 197
Chapter 8: Two Basic Volatility Strategies 219
Chapter 9: Two Basic Sideways Strategies 237
Chapter 10: Trading and Investing Psychology 261
Chapter 11: Putting It All Together--A Call to Action 277
Chapter 12: Trading with the OVI 287
Appendix I: Strategy Table 313
Appendix II: Glossary 325
References and Recommended Reading 339