Synopses & Reviews
The #1 Single-Source, Step-by-Step Reference to All Modern Options Strategies: Now Fully Updated! - Extensively updated! Reflects today’s markets and the newest strategies
- Walks you through each strategy step-by-step, helping you avoid costly mistakes
- Now introduces the exclusive OVI indicator: Use options data to get an edge in stock trades, too!
- By Guy Cohen, world-renowned options mentor and best-selling author (Options Made Easy)
In
The Bible of Options Strategies, Second Edition, options trader Guy Cohen systematically presents today’s most effective strategies for trading options: how and why they work, when they’re appropriate and inappropriate, and how to use each one responsibly and with confidence.
Updated throughout, this edition contains new material suitable to both newcomers and advanced traders, covering practical considerations for all strategies including how and when to trade them and introducing Cohen’s unique and proprietary OVI indicator.
Practical from start to finish, this guide is modular, easy to navigate, and fully cross-referenced, so you can find what you need fast and act before your opportunity disappears. Cohen systematically covers every key area of strategy: basic puts and calls, income and volatility strategies, vertical spreads, rangebound (sideways) strategies, ratios, backspreads, and synthetic strategies. Even highly complex techniques are explained with unsurpassed clarity, making them more accessible than ever before.
More than an incredible value, this is the definitive reference to contemporary options trading: the one book you need by your side whenever you trade.
This is, quite simply, the most comprehensive, up-to-date, and usable guide to modern options trading strategies. Renowned options author and mentor Guy Cohen has brought together authoritative knowledge about every popular options strategy, for every type of trader and market environment.
Cohen explains today’s 58 most valuable strategies, helping you consistently choose the right strategy and execute it effectively. You’ll learn each strategy’s goal, the market outlook and volatility factors that make it appropriate, its potential risks and rewards, and how proficient you should be to use it.
Most important, Cohen walks you through actual trades, one step at a time--with plenty of intuitive visuals to help you understand what you’re doing, optimize each trade, and avoid dangerous pitfalls.
Exceptionally well-organized and easy to understand, The Bible of Options Strategies, Second Edition, has been fully updated for today’s market environment and includes many powerful new strategies. Cohen has even added a concise primer on his powerful OVI indicator, which translates your growing options knowledge into windfall stock profits.
All you need to know to succeed with
- Basic options strategies
- Income strategies
- Vertical spreads
- Volatility strategies
- Rangebound (sideways) strategies
- Ratio spreads and backspreads
- Synthetic strategies
Review
Praise for the First Edition “Guy Cohen is the master when it comes to taming the complexities of options. From buying calls and puts to iron butterflies and condors, Guy explains these strategies in a clear and concise manner that options traders of any level can understand. ...
The Bible of Options Strategies is a straightforward, easy-to-use reference work that should occupy a space on any options trader’s bookshelf.” --
Bernie Schaeffer, Chairman and CEO, Schaeffer’s Investment Research, Inc.
“The author delivers clarity, insight, and perception, making learning about options a joy, and practicing the art of making money that much easier: truly a bible from a guru.” --Alpesh B. Patel, Author and Financial Times Columnist
“Guy Cohen truly makes learning about options easy in this fact-filled guide. Bullet points make for a quick and enlightened read, getting to the heart of what you really need to know about each options strategy. This book is a must for any serious trader’s library.” --Price Headley, Founder, BigTrends.com
Synopsis
In
The Bible of Options Strategies,
Second Edition, legendary options trader Guy Cohen systematically presents today's most effective strategies for trading options:
how and
why they work,
when they're appropriate and inappropriate, and
how to use each one responsibly and with confidence.
Updated throughout, this edition contains new chapters assessing the current options landscape, discussing margin collateral issues, and introducing Cohen's exceptionally valuable OVI indicators.
The Bible of Options Strategies, Second Edition is practical from start to finish: modular, easy to navigate, and thoroughly cross-referenced, so you can find what you need fast, and act before your opportunity disappears. Cohen systematically covers every key area of options strategy: income strategies, volatility strategies, sideways market strategies, leveraged strategies, and synthetic strategies.
Even the most complex techniques are explained with unsurpassed clarity - making them accessible to any trader with even modest options experience. More than an incredible value, this is the definitive reference to contemporary options trading: the one book you need by your side whenever you trade. For all options traders with at least some experience.
Synopsis
In The Bible of Options Strategies, Second Edition, legendary options trader Guy Cohen systematically presents today’s most effective strategies for trading options: how and why they work, when they're appropriate and inappropriate, and how to use each one responsibly and with confidence.
Updated throughout, this edition contains new chapters assessing the current options landscape, discussing margin collateral issues, and introducing Cohen’s exceptionally valuable OVI indicators.
The Bible of Options Strategies, Second Edition is practical from start to finish: modular, easy to navigate, and thoroughly cross-referenced, so you can find what you need fast, and act before your opportunity disappears. Cohen systematically covers every key area of options strategy: income strategies, volatility strategies, sideways market strategies, leveraged strategies, and synthetic strategies.
Even the most complex techniques are explained with unsurpassed clarity – making them accessible to any trader with even modest options experience. More than an incredible value, this is the definitive reference to contemporary options trading: the one book you need by your side whenever you trade. For all options traders with at least some experience.
About the Author
GUY COHEN, MRICS, MBA (UK) developed Optionseasy, the world's most comprehensive and user-friendly online options trading and training application. Serving blue chip clients including NYSE Euronext and the ISE, he has introduced his user-friendly brand of trading to over 100,000 traders worldwide. A leading innovator in financial trading, he also created the uniquely powerful OVI indicator for option trading. A successful private trader, he has developed a global reputation for teaching trading psychology, technical analysis, and options strategies. Cohen's best-selling books include Volatile Markets Made Easy; The Insider Edge; all editions of Options Made Easy; and the first edition of The Bible of Options Strategies: The Definitive Guide to Practical Trading Strategies. He holds an MBA in Finance from Cass Business School, London, UK.
Table of Contents
Preface xxiii Acknowledgments xxxiii About the Author xxxiii Introduction to Options 1 Trading with the OVI 27 Chapter 1: The Four Basic Options Strategies 41 Chapter 2: Income Strategies 63 Chapter 3: Vertical Spreads 143 Chapter 4: Volatility Strategies 177 Chapter 5: Rangebound Strategies 249 Chapter 6: Leveraged Strategies 297 Chapter 7: Synthetic Strategies 321 Appendix A: Strategy Table 383 Appendix B: Glossary 393 Index 407