Written by Guy Cohen
We likened this guide to a textbook you’d receive in an options specific college course. It covers several key concepts, and lays everything out in great detail. Available for purchase on Amazon,
options trader Guy Cohen presents some of what he considers to be, the most effective strategies for trading options. He also covers the how and why they work, when they’re appropriate and inappropriate, and how to use each one responsibly and with confidence. Overall there was a lot of value in this guide, even at the price point of $40.88.
Conceptually everything makes sense, and we liked how the author is a very experienced trader himself. The book is over 400 pages, so it might be too in depth for some. But fortunately, it’s laid out in a way where you can access specific strategies easily. If you are already familiar with options, or have traded options for a while, you might find most of this material redundant. There isn’t a “secret sauce” being discussed in this book. Just the overviews of each strategy.
We would have liked to see more material around setting everything up. And special case examples to validate his findings.
Reviews for The Bible of Options Strategies:
This book is indeed very practical. It states a vast number of options trading strategies with detailed descriptions and analysis. It also categorizes strategies into different types which allows readers to pickup their desirable one meeting their needs.
The definitive Options reference manual. A must have for any options trader.
“Does Its Job”
Nice book with lots of detail ( almost too much at times) . Also appeared quite repetitive in numerous places. The index at the beginning was also confusing. BUT overall did its job !