Options Made Easy: Your Guide to Profitable Trading (2nd Edition)

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.

• Master all the essentials¿and put them to work
• Options demystified so that you can get past the fear and start profiting!
• Learn the safest ways to trade options
• Identify high-probability trades that lead to consistent profits
• Design a winning Trading Plan¿and stick to it
• Understand your risk profile and discover exactly when to enter and exit your trades
• Choose the right stocks for maximum profit
• Screen for your best opportunities¿stocks that are moving¿or are about to move
• Discover the optimum strategies for you
• Match your trading strategies to your personal investment goals
• No bull! The realities and myths of the markets
• What you must know about fundamental and technical analysis

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!

Identify high-probability trades, and design a Trading Plan that works

Master practical, easy strategies for succeeding in any environment¿even bear markets

Updated for today's markets with even more dynamic graphics, intuitive explanations, and valuable information!

For every investor interested in trading options

When you read this book, you'll be amazed how quickly you understand options¿and how quickly you can start profiting from them!"

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All Customer Reviews
Average Customer Review:
0 of 0 people found the following review helpful:

Good, but very basic, 2008-06-26
Very basic book about options. Made really easy to understand the topic, very good for beginners. My rating is 3.5 stars. I did not like that the author indicated a lot of links like "I trade like this..." or "This site explains Fibonacci well..." and when you go there it costs literally an arm and a leg to get the materials. There's some very good stuff for free on the net about fibs and others. In general, is a very good book for beginners


3 of 5 people found the following review helpful:

Understanding OPTION's TRADING with Graphs tand Charts., 2008-01-12
This book is great for learning the terminology of OPTION's. Easy to understand graphs augment the words for learning what VERTICAL and what CALENDAR SPREAD's are. Everything else is/are just various combination(s) of these very basic two. That's it!! It's that simple.

From there, learn the four Greeks...
- DELTA,
- GAMMA,
- THETA, and
- VEGA...

then,
- find a product with MASSIVE LIQUIDITY (like the SPYders),
- place a Position (SELL JUNK (OTM Options) with either an IRON CONDOR or a BUTTERFLY)) 4-10 weeks out before expiration with 60% to 75% chance of success,
- collect $$$ off the THETA DECAY (24/7, including Sat, Sun, & Hol),
- GET OUT 4-10 days before expiration,
- MANAGE RISK (try to keep a DELTA NEUTRAL situation), and
- Be happy with your small change... they do add up!!

The rest? IMHO,
- Charts,
- Technical Analysis,
- Fundamental Analysis,
- Supports,
- Candles,
- watching MSNBC,
- consulting your Fairy Godmother, etc etc... FORGET IT.

Nobody knows anything. 85% of Mutual Fund Managers CONSISTENTLY FAIL to outperform the S&P500.
Also, please remember, the DJIA is a MANIPULATED NUMBER!! I think of the original 30, only GE is left. All the rest were replaced (some numerous times) to keep it coninuing on in an Upward Trend... did you know that?



0 of 3 people found the following review helpful:

Tough read!, 2007-12-23
But let me put it to you this way you always have the option to make a call and and liquidate your positions if you spread your position.


2 of 2 people found the following review helpful:

Options Made Easy, 2007-11-17
"Options Made Easy: Your Guide to Profitable Trading (2nd Edition)" written by Guy Cohen, lives up to its name. His explanations are clear, illustrated, and easy to understand. I highly recommend this book for all novice, intermediate, and even experienced Option traders (and also his book "The Bible of Options Strategies: The Definitive Guide for Practical Trading Strategies "). Both are most useful books.


5 of 6 people found the following review helpful:

I cannot suggest this book with a clear heart., 2007-10-24
I was too harsh on this book in my first review. After reading it twice, I will give it 4.... stars instead of two. Read this book along with other books also.This book is a must in Options education. The author touches on subjects others miss. Look at David Caplan also.

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